Search Results for: Credit Suisse
Virtusa Announces Definitive Agreement to Acquire a Majority Interest in Polaris Consulting & Services, Ltd.
November 5th, 2015
Virtusa and Polaris would together create a leading global provider of end-to-end IT services and solutions to banking and financial services (“BFS”) industry segment. Virtusa and Polaris collectively will have approximately 18,000 (1) employees, generating $826 million of pro ...
Major Global Banks announced their results for 3Q 2015
November 4th, 2015
HSBC, Credit Suisse, Commerzbank, BNP Paribas and Barclays have issued statements to inform public and investors for their results regarding the 3rd Quarter of 2015. HSBC Holdings plc 3Q 2015 Earnings Release Highlights Reported PBT up 32% in 3Q15 ...
BOJ holds rates despite overseas headwinds, stagnant inflation
October 30th, 2015
The Bank of Japan held off on expanding its massive stimulus program on Friday, preferring to preserve its dwindling policy options in the hope that the economy can overcome the drag from China’s slowdown without additional monetary support. But ...
Japan’s Biggest Brokerages Tumble After Posting Lower Earnings
October 29th, 2015
Nomura falls the most in two months as profit drops 12% Global market turmoil also dented trading income at Daiwa Nomura Holdings Inc. and Daiwa Securities Group Inc., Japan’s biggest brokerages, fell the most in at least in a ...
CLS and TriOptima announced launch of FX compression service
October 27th, 2015
CLS Group and TriOptima, announce today that they have launched the triReduce CLS Forward FX Compression Service completing the first successful compression cycle for FX forwards and swaps transactions. The new service combines CLS’s infrastructure and market connectivity with ...
ICE to acquire Interactive Data Corporation for $5.2 Billion
October 27th, 2015
Intercontinental Exchange to acquire Interactive Data Corporation from Silver Lake and Warburg Pincus in $5.2 Billion cash and stock transaction October 28 investor call set to review ICE’s third quarter 2015 results and IDC transaction details Intercontinental Exchange (NYSE:ICE), ...
Fintech Innovation Lab 2016 invites Applicants
October 21st, 2015
Accenture, Partnership Fund for NYC and Leading Banks Call for Applicants for New York FinTech Innovation Lab 2016 Program helps leading financial technology entrepreneurs accelerate product and business development Applications are now being accepted for New York’s sixth annual ...
First Data Announces Pricing of its Initial Public Offering
October 16th, 2015
First Data (“First Data”) announced the pricing of its initial public offering of 160,000,000 shares of its Class A common stock at $16.00 per share. Shares of First Data’s Class A common stock are expected to begin trading on ...
GE to sell $30 billion specialty finance business to Wells Fargo
October 13th, 2015
General Electric Co (GE.N) said it will sell its commercial lending and leasing businesses worth more than $30 billion to Wells Fargo & Co (WFC.N) as the industrial conglomerate shifts its focus back on the manufacturing businesses. The sale ...
Citi dials down risky block trading amid market turmoil
October 13th, 2015
Over the summer, as the U.S. stock market wobbled and then plunged 4 percent in a day, Citigroup made a tough choice: to dial down risk-taking in the bank’s capital markets group. Phil Drury and Doug Adams, then co-heads ...
