Search Results for: ATM
EU Bank-Separation Bill Sets $112 Billion Trading Mark
June 16th, 2015
Banks with annual trading activities of more than 100 billion euros ($112 billion) would face added scrutiny from supervisors armed with a tool box of capital rules and separation powers in a draft European Union law. Envoys from the ...
HSBC and JP Morgan may relocate parts of their business to Luxembourg from UK
June 16th, 2015
HSBC Holdings Plc (HSBA.L) and JPMorgan Chase & Co (JPM.N) are in talks to relocate parts of their businesses to Luxembourg from the UK as they weigh the possibility of a British exit from the European Union, the Times ...
E*TRADE Financial Corporation Reports Monthly Activity for May 2015
June 15th, 2015
E*TRADE Financial Corporation (NASDAQ:ETFC) today released its Monthly Activity Report forMay 2015. Daily Average Revenue Trades (“DARTs”) for May were 151,444, a four percent decrease from April and a three percent increase from the year-ago period. The Company added 27,865 ...
Saxo Bank gets more personal with clients amid trend to go digital
June 15th, 2015
As banks push ahead with digital services and scale back their branch networks, one investment bank says its retail brokerage business is growing in part because of the human touch. Fadi Mehdi, the head of Saxo Bank’s representative office ...
BoE: Fair and Effective Markets Review Releases Final Report
June 11th, 2015
Bank of England – The Fair and Effective Markets Review today published its Final Report, which sets out 21 recommendations to help restore trust in the wholesale Fixed Income, Currency and Commodity (FICC) markets. The Review was established by the ...
The best and worst IPOs of 2015
June 10th, 2015
A lot of familiar names have made their stock market debuts this year: Etsy (ETSY), GoDaddy(GDDY), Box (BOX). Unfortunately, the fame has been short-lived for most. The stock of online craft retailer Etsy soared 88% on its first day of trading in mid-April. It looked like ...
Germany, France Targeted as EU Chases Tax-Loophole Data
June 9th, 2015
The European Union stepped up a probe into tax loopholes for multinational companies, demanding details of specific agreements in 15 nations including euro-area heavyweights Germany, France and Italy. Regulators also issued an ultimatum to Poland and Estonia for failing ...
Basel Committee consults on interest rate risk in the banking book
June 8th, 2015
The Basel Committee on Banking Supervision has today issued a consultative document on the risk management, capital treatment and supervision of interest rate risk in the banking book (IRRBB). This consultative document expands upon and is intended to ultimately replace the ...
CFTC Staff Announces it is Issuing No-Action Relief from Introducing Broker and Commodity Trading Advisor
June 8th, 2015
CFTC Staff Announces it is Issuing No-Action Relief from Introducing Broker and Commodity Trading Advisor Registration to Persons Located Outside the United States Engaged in Activities on behalf of Customers that are International Financial Institutions The U.S. Commodity Futures ...
Lloyds Banking Group fined £117m for failing to handle PPI complaints fairly
June 5th, 2015
The Financial Conduct Authority (FCA) has issued its largest ever retail fine (£117m) to Lloyds Bank Plc, Bank of Scotland Plc and Black Horse Ltd (together Lloyds) for failing to treat their customers fairly when handling Payment Protection Insurance ...
