Search Results for: Credit Suisse
Gold price forecast for 2017 is lowered
December 12th, 2016
Credit Suisse Group AG (CS) analysts recently lowered their 2017 gold forecast, pointing to slowing sales of exchange-traded funds (ETFs) and speculation surrounding how the election could impact interest rates. These analysts cut their full-year forecast to $1,338 per ...
Enforcement Director Andrew J. Ceresney to Leave SEC
December 9th, 2016
The Securities and Exchange Commission today announced that Enforcement Director Andrew J. Ceresney will leave the agency by the end of the year. During his nearly four years as head of the agency’s largest division, Mr. Ceresney implemented approaches ...
Lithuania is looking to attract FinTech companies
December 5th, 2016
Of all the cities lining up to poach London’s business post-Brexit, Vilnius might seem the most unlikely. Yet the Lithuanian capital has much to offer financial firms, from liveability and local talent to cutting-edge fintech regulation. Euromoney visits a ...
Playtech’s founder Teddy Sagi is selling part of his Playtech holdings
November 30th, 2016
Playtech plc (“Playtech,” or the “Company”) announced that it has been advised that Brickington Trading Limited (“Brickington”) is proposing to sell approximately 32.3 million ordinary shares in the Company (the “Placing Shares”) via an accelerated bookbuild through UBS Limited ...
Next new trading participant at SIX Swiss Exchange
November 25th, 2016
Following the legal restructuring at Credit Suisse, SIX welcomes Credit Suisse (Switzerland) Ltd. as a new participant. The new Swiss legal entity is a wholly owned subsidiary of Credit Suisse AG and covers its Swiss business. With the admission of ...
Half Of The Population Of The World Is Dirt Poor – And The Global Elite Want To Keep It That Way
November 24th, 2016
Could you survive on just $2.50 a day? According to Compassion International, approximately half of the population of the entire planet currently lives on $2.50 a day or less. Meanwhile, those hoarding wealth at the very top of the ...
MAS, R3 and Financial Institutions experimenting with Blockchain Technology
November 16th, 2016
The Monetary Authority of Singapore (MAS) today announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology. This project could potentially avail ...
This is the darkest hour in global currency market that haunts currency traders
October 27th, 2016
In the global currency market, the darkest hour comes just as dawn is breaking in Asia and traders in Sydney are sipping their first flat white. Between the New York close and the start of trading in Tokyo, foreign-exchange ...
One of the world’s largest interdealer brokers raise CHF 110 million on the Swiss capital
October 26th, 2016
Compagnie Financière Tradition SA took advantage of the attractive market conditions to successfully raise CHF 110 million on the Swiss capital market through the placement of a straight bond. This new issuance, with a maturity of 6 years to ...
Pound Plumbs New 31-Year Lows Against Dollar
October 5th, 2016
The British pound continued to slump in trading Wednesday, touching fresh 31-year lows against the dollar, and a new five-year low against the euro. Sterling fell to as low as €1.1309 as markets opened in Europe, surpassing its 2013 lows and ...
