Search Results for: Bank of England
China’s devaluation may be bad news for FX industry
August 19th, 2015
China’s currency devaluation should give a shot in the arm to global foreign exchange volumes as traders take advantage of and protect themselves against the surprise surge in volatility, but its longer-term impact on market activity may not be ...
RBS to Raise $2.2 Billion From Citizens Stake Sale
July 29th, 2015
U.K. bank previously raised $3.2 billion from selling shares in U.S. lender in March Royal Bank of Scotland Group PLC said Wednesday it plans to raise $2.2 billion from the sale of 86 million shares in Citizens Financial Group ...
‘Brexit’ fears haunt London’s roaring trade in euros
July 22nd, 2015
If there is a symbol of British ambivalence to Europe then it may be the euro itself. The capital of euro trading prospers outside the euro zone, but London’s dominance of the $5.3 trillion-a-day foreign exchange market could wane if ...
Asia stocks up, dollar sags as Fed tempers expectations for rate rise
June 18th, 2015
An index of Asian shares gained on Thursday while the dollar eased slightly after the Federal Reserve signaled that interest rates would rise more slowly than markets had expected. Spreadbetters, however, expected Greek debt matters to reclaim the spotlight ...
Top news of the day, May 26
May 26th, 2015
1. Binary options – potential changes in regulation. At present binary options are regulated by the UK’s Gambling Commission, but only if the firm has remote gambling equipment located in Britain. If this is not the case, any binary ...
Asian shares shrug off losses, Greek woes pressure euro
May 19th, 2015
Asian shares shrugged off early losses on Tuesday, as rallying Chinese shares and Wall Street’s record close offset euro worries over Greece‘s fiscal woes. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.2 percent. The CSI300 ...
Asia shares rise before China data, more stimulus seen
May 13th, 2015
Asian shares firmed on Wednesday, shrugging off weakness on Wall Street as investors bet that a batch of economic data from China due later in the day would bolster the case for more stimulus in the world’s second-largest economy. ...
Gateley: Announcement of Intention to Float on AIM
May 12th, 2015
Gateley (Holdings) plc, a leading UK commercial law firm, today announces its intention to launch an initial public offering (“IPO”) and application for admission of its ordinary shares to trading on AIM (“Admission”). Cantor Fitzgerald Europe is acting as ...
ICO probes 173 law firms over data protection breaches
April 16th, 2015
Dozens of law firms were investigated by the information commissioner for potential data breaches in 2014, new figures have revealed. A freedom of information request by Egress Software Technologies revealed that the Information Commissioner’s Office investigated 173 UK firms ...
First US law firm to be licensed as ABS in UK
April 13th, 2015
The US firm has made its first UK hire and is going down the alternative business structure route. US law fim Cahill Gordon & Reindel has become the first US firm to be licensed as an Alternative Business Structure ...