Search Results for: SME
Greece Grabs Cash as More Than $2 Billion in Payouts Loom
March 17th, 2015
Greece will begin debating measures to boost liquidity as the cash-starved country braces for more than 2 billion euros ($2.12 billion) in debt payments Friday. Unable to access bailout funding and locked out of capital markets, the government will ...
ESMA sees continued tense securities market conditions
March 12th, 2015
The European Securities and Markets Authority (ESMA) has published its Report No. 1, 2015 on Trends, Risks and Vulnerabilities in European Union (EU) securities markets, covering market developments from July to December 2014. The report finds that market conditions in the ...
Big Banks Struggle to Pass Fed’s ‘Stress Tests’
March 12th, 2015
Bank of America must resubmit proposal to address certain weaknesses Four of the biggest names on Wall Street struggled to pass the Federal Reserve’s 2015 “stress tests,” and the U.S. units of two foreign banks fell short, underscoring the ...
EU Parliament votes for capping of interchange fees
March 11th, 2015
The European Parliament has voted for a regulation to cap interchange fees for consumer debit and credit card payments. The regulation was drafted by the European Commission and is intended to reduce fees for the usage of card payments. Both European ...
The ECB and its Watchers XVI Conference: M.Draghi
March 11th, 2015
Summary In January, the ECB decided to expand its asset purchase programme to include government bonds after it became clear that there was a need for more monetary stimulus. Asset purchases are unconventional, but not unorthodox, and they have ...
Monetary Policy Committee’s Decision on 11 March 2015
March 11th, 2015
Mr. Mathee Supapongse, Secretary of the Monetary Policy Committee (MPC), announced the outcome of the meeting on 11 March 2015 as follows. The committee voted 4 to 3 to reduce the policy rate by 0.25 percent from 2.00 to ...
France wins EU approval for two-year reprieve on deficit
March 11th, 2015
European finance ministers on Tuesday approved a controversial two-year extension for France to get its deficit within the bloc’s limits, despite accusations that bigger member states are treated more leniently than smaller ones. They formally accepted assessments by the ...
U.S. banks’ buybacks, dividends may be no reason for shareholder celebrations
March 11th, 2015
Big U.S. banks, including JPMorgan Chase & Co (JPM.N) and Citigroup Inc(C.N), are expected to win Federal Reserve backing on Wednesday to buy back more shares and increase their dividends in the coming year, but the approvals may be as much about the institutions’ financial ...
The EBA advises on resolution procedures for EU banks
March 9th, 2015
The EBA issued today advice to the European Commission on the resolution framework for EU banks, covering the definition of critical functions and core business lines, as well as rules for the exclusion of liabilities from the application of ...
LONDON STOCK EXCHANGE LAUNCHES ‘1000 COMPANIES TO INSPIRE BRITAIN’ 2015
March 9th, 2015
Second edition of landmark report launched; backed by the three major UK political parties Identifies fastest-growing and most dynamic small and medium sized businesses (SMEs) in UK Publication examines opportunities and challenges facing SMEs 50 company CEOs open trading ...
