Search Results for: Allen
Riksbank cuts repo rate to −0.10 per cent, buys government bonds for SEK 10 billion and is prepared to do more at short notice
February 13th, 2015
There are signs that underlying inflation has bottomed out, but the situation abroad is now more uncertain and this increases the risk that inflation will not rise sufficiently fast. The Executive Board of the Riksbank has therefore decided to ...
$9 Trillion Question Is How Tighter Fed Will Impact the World
February 13th, 2015
When Group of 20 finance ministers this week urged the Federal Reserve to “minimize negative spillovers” from potential interest-rate increases, they omitted a key figure: $9 trillion. That’s the amount owed in dollars by non-bank borrowers outside the U.S., ...
Hodge delivers fresh attack on tax avoidance
February 12th, 2015
Professional tax advisers heard some tough talking from Margaret Hodge MP, chair of the Public Accounts Committee, when she spoke at an ICAS Business Insights event in London on 10 February. The Labour MP for Barking said: “There are too many ...
Cinnober to provide ASX with new trading system
February 12th, 2015
Australia’s major equities and derivatives markets will adopt a common technology platform architecture The Australian Securities Exchange (ASX) has now announced that it has selected Cinnober for a major upgrade to its trading technology. Cinnober’s state-of-the-art TRADExpress Trading System will replace ...
Statement by IMF Managing Director Christine Lagarde on Ukraine
February 12th, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today in Brussels, Belgium: “I am pleased to announce that the IMF team working in Kiev has reached a staff-level agreement with the Ukrainian ...
Posit Alert Hits New International Trading Records
February 12th, 2015
ITG (NYSE:ITG) a leading execution and research broker, today announced that POSIT Alert® hit new records in January 2015 for value traded in Europe, Asia Pacific, Canada and Latin America. Global POSIT Alert crossed block equity trades with total notional value of approximately $25 billion. POSIT Alert is ...
Gold demand sinks to five-year low in 2014 (Video)
February 12th, 2015
Global gold demand slumped to its lowest level in five years in 2014 as bar and coin buying plunged and jewelry purchases cooled, according to the World Gold Council (WGC). Overall demand totaled 3,924 tonnes, down 4 percent on year at ...
Denials continue despite MPs hearing of HSBC tax evasion claims in 2011 (Video)
February 11th, 2015
Downing Street insists it had no warning of HSBC wrongdoing, despite revelation MPs had known about ‘disc from the Swiss’ with names of potential tax dodgers Downing Street and the Financial Conduct Authority insisted on Tuesday they had been ...
ICAP plc – Trading Statement
February 10th, 2015
Positive momentum in new Electronic and Post Trade initiatives Activity on EBS increased significantly as FX market volatility rose sharply Global Broking impacted by a reduction in bank client activity Cost savings programme remains on track ICAP plc (IAP.L), ...
Why now is the time for London to be proud of its world-leading legal sector
February 10th, 2015
The foundations of any transaction in a market economy are based on one simple thing: trust. And key to this is the legal system that enforces that trust – by making sure that both sides know exactly what they ...
