Search Results for: Banks
Asian central banks back in action this week
April 6th, 2015
The week ahead starts with Asian markets digesting the crucial U.S. nonfarm payrolls report, which continued to fuel the ongoing debate over when the Federal Reserve will launch its first interest rate hike. After digesting the U.S. jobs data, ...
Banks Are Poised to Profit From Forex Tumult
April 2nd, 2015
Swiss central bank’s surprise January move led to volatility that can help Wall Street The big currency swings of the past three months have whipsawed many investors. Wall Street may end up loving the action. As U.S. banks closed ...
Bank of England publishes details of 2015 stress test for largest UK banks and building societies
March 30th, 2015
Today, the Bank of England is publishing the scenario for the 2015 stress test, which will be applied to the largest UK banks and building societies. The scenario has been agreed by the Financial Policy Committee (FPC) and Prudential ...
Central banks agree new rules for FX market conduct
March 24th, 2015
Banks must prevent traders sharing order information under a new global code of conduct that bans traditional slang usages and gives dealers more guidelines for what they can and cannot say about the world’s biggest financial market. The 8-page ...
Russia Deposit Fight Sees Foreign Banks Seeking New Clients
March 19th, 2015
Oksana Semenikhina, a customer of Citigroup Inc.’s Russian unit for the past decade, got an offer from the lender this year that she couldn’t pass up. “They offered to open a ruble term deposit for me at 9 percent ...
Credit Suisse Joins FXSpotStream’s Price Aggregation Service, Expanding Liquidity Providers to Ten Global Banks
March 17th, 2015
CREDIT SUISSE BECOMES A LIQUIDITY PROVIDER TO FXSPOTSTREAM’S PRICE AGGREGATION SERVICE, EXPANDING FXSPOTSTREAM’S LIQUIDITY PROVIDERS TO TEN GLOBAL FX BANK FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Credit Suisse has agreed to join the ...
Banks announcements following Fed’s “Stress Tests”
March 12th, 2015
Following Federal Reserve “Stress Tests”, Morgan Stanley, JPMorgan Chase and Bank of America issued press releases informing that: Morgan Stanley Announces Share Repurchase of Up to $3.1 Billion of Common Stock and the Increase of Its Quarterly Dividend to ...
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 ...
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 ...
Xoom Expands Instant Money Transfer Service to Most Banks in Pakistan in Partnership with HBL
March 9th, 2015
Xoom Corporation (NASDAQ:XOOM), a leading digital money transfer provider, now offers instant deposits to most banks in Pakistan through HBL. Pakistanis in the U.S. can now use Xoom to instantly send money to their loved ones’ rupee account anytime, ...
