Search Results for: banks
Two former top Société Générale Managers accused of a Libor Scheme
August 25th, 2017
U.S. authorities on Thursday charged two managers at French bank Societe Generale (SCGLY) with taking part in a scheme to manipulate the global U.S. dollar Libor benchmark interest rate. Danielle Sindzingre, 54, the bank’s former global head of treasury, ...
Dentons Boekel launches Tax practice with recruitment of a team from Baker McKenzie
August 23rd, 2017
Dentons Boekel announced today the launch of its Tax practice in the Netherlands with the recruitment of four partners. Jurjen Bevers, Paul Halprin, Heico Reinoud and Marnix Veldhuijzen have joined the Amsterdam office from Baker McKenzie. Wendela Raas, Netherlands ...
European markets were set to open higher on Tuesday
August 22nd, 2017
European markets were set to open higher on Tuesday morning, after modest gains on Wall Street while investors awaited the annual central banking conference in Jackson Hole later this week. The FTSE 100 is seen 27 points higher at ...
DGCX and Ayedh Dejem Group to launch the Middle East’s first-ever Sharia compliant Spot Gold contract
August 21st, 2017
The Dubai Gold & Commodities Exchange (DGCX) and Ayedh Dejem Group, a conglomerate from the Kingdom of Saudi Arabia, have agreed to develop and launch the Middle East’s first-ever Sharia compliant Spot Gold contract to be traded on an ...
Australia regulates digital currencies
August 21st, 2017
The Australian government has announced plans to strengthen its anti-money laundering rules with new reforms that will include digital currencies for the first time. The plan follows the recent scandal involving its biggest bank, the Commonwealth Bank of Australia ...
Markets are focusing for a key meeting of global central bankers; Economic data this week
August 21st, 2017
With economic data thin this week, markets are focusing on any significant policy statements coming out of Jackson Hole, Wyoming. Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are among central bankers attending the annual ...
Here’s How the Euro Is Likely to Fare Against World Currencies
August 18th, 2017
Don’t get distracted by Thursday’s ECB-driven slump: the euro has been redrawing the global currency map on its journey to multi-year highs. No wonder policy makers are starting to fret. Even after today’s declines, Europe’s growth story and the ...
Bank of Russia reveals banking statistics
August 17th, 2017
The Central Bank of the Russian Federation has issued an announcement to publish banking statistics for the first seven months of 2017. Banking sector expands loan portfolio and resource base between January and July this year Banking statistics published ...
Dumb – And Dumber — Money Keeps Pouring In
August 11th, 2017
Someday, stock, bond and real estate valuations will matter again. And the mechanism by which this return to sanity is achieved will probably be the torrent of money now flowing in from people who, for various reasons, don’t care ...
Mobile Money Revolution In Africa
August 2nd, 2017
These Global Payments Players Are Attempting To Move In On Mobile Money Revolution In Africa Africa is home to several mobile payment platforms and services like M-Pesa, yuCash, Orange Money, eTranzact and EcoCash, among several others, which have been ...
