Search Results for: BP
First Chinese money market ETF lists in London
March 26th, 2015
First London listed RMB denominated money market ETF to be traded and settled in RMB, GBP and EUR Commerzbank CCBI RQFII Money Market UCITS ETF gives European investors access to China Interbank Bond Market securities Confirms London’s leading role in ...
PwC sells Brazilian Outsourcing Division to TMF
March 20th, 2015
Acquisition marks a significant step in the expansion of TMF Group’s operations in Latin America. TMF Group, a leading provider of high value Global Business Services to clients operating and investing internationally, has concluded the acquisition of Apriori, the ...
China’s Consumption Transition
March 20th, 2015
A standard pattern of long-term economic development is that a country goes through a period of higher savings and investment, along with correspondingly lower consumption levels. After the growth spurt, consumption levels rise again. For illustration, here’s a figure ...
The Role of Securitization in Dealing with the Banking Problems
March 20th, 2015
One of the main problems that our banking sector is facing is obviously the incredibly excessive amount of non-performing loans (NPLs) on our banks’ balance sheets that reached almost 50% (about €28 billion) of their total loan portfolio! A ...
Crédit Agricole results for the fourth quarter and full year 2014
March 18th, 2015
Strength of Crédit Agricole Group confirmed French retail banking showed good resilience Other business lines continued to grow Expenses decreased further Cost of risk dropped sharply Solvency further strengthened Crédit Agricole Group* Net income Group share 2014: €4,920 million ...
KPMG update on Alpari (UK)
March 18th, 2015
Account validation We are now in a position to contact the first tranche of clients with negative balances. This tranche should cover all clients with negative balances for whom the Joint Special Administrators have verified the available contact information ...
Moscow Exchange launches Chinese Renminbi futures
March 17th, 2015
From 17 March the Moscow Exchange has started trading in a futures contract on the currency pair Chinese Renminbi — Russian rouble The launch has been driven by a substantially increasing Renminbi turnover on the Exchange, growing volume of settlement in the currency between Russia and China as well as newly ...
Banco de Madrid Files for Bankruptcy After Parent Accused of Money Laundering
March 16th, 2015
Spanish unit of Banca Privada d’Andorra hit by client withdrawals Banco de Madrid SA, the Spanish unit of an Andorran lender accused of money laundering for organized-crime groups, has filed for protection from its creditors, Spain’s central bank said Monday. Banco ...
Moscow Exchange announces results for the full year 2014
March 12th, 2015
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the year ended 31 December 2014. Higher volumes on the FX, Equities and Money Markets, as well as increased interest income and fees from ...
Bundesbank posts €2.95 billion profit in 2014
March 12th, 2015
The Deutsche Bundesbank posted a profit of €2.95 billion for the 2014 financial year, compared with €4.59 billion in 2013. The profit was transferred in full today to the Federal Government of Germany pursuant to section 27 number 2 of the Bundesbank Act ...
