Search Results for: Deutsche Bank
Citigroup, Barclays Close to Settling Forex Lawsuit With Private Investors
March 18th, 2015
Citigroup Inc. and Barclays PLC are expected to pay as much as $800 million combined to settle a lawsuit with investors who say the banks manipulated foreign-exchange rates, according to people close to the situation. The expected settlements would ...
Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit
March 16th, 2015
Investors include KKR, Deutsche Bank, Värde Partners, in one of biggest deals in Asia-Pacific this year In one of the biggest deals in the Asia-Pacific region so far this year,General Electric Co. agreed to sell the consumer-lending business of GE Capital ...
Euro set to continue slide
March 13th, 2015
The Hague – Even though the euro’s downward spiral against the dollar was brought to a standstill on Wednesday and even somewhat reversed, doubts still linger about European Central Bank (ECB) president Mario Draghi‘s quantitative easing programme. This policy, ...
European equity funds to draw strong inflows on ECB move
March 12th, 2015
European stocks are poised to become the darlings of 2015 on the back of the European Central Bank‘s 1 trillion euro government bond-buying programme. The ECB’s programme, which began on Monday, will likely spur already surging demand for European ...
Six G14 dealers implement Markit | Genpact KYC Services
March 10th, 2015
Markit | Genpact KYC Services, the joint venture between Markit and Genpact have announced that six G14 dealers are among the global banking institutions implementing its centralised service that streamlines the collection and management of know your customer (KYC) information. ...
Fed Tiptoes Into Rate-Hike Debate
February 19th, 2015
Minutes of latest policy meeting show central bankers discussing when and how to raise interest rates from near zero The Federal Reserve’s debate about raising short-term interest rates is heating up. At their Jan. 27-28 policy meeting, officials heard ...
Greek PM Tsipras in Brussels as clock ticks on EU bailout (Video)
February 12th, 2015
Greece‘s radical new prime minister Alexis Tsipras was in Brussels on Thursday to lay out his case for more financial help to fellow EU leaders following finance ministers’ failure to narrow differences overnight. The summit chairman, conservative former Polish ...
Earthport Appoints New President for Europe
February 12th, 2015
Daniel Marovitz will lead the cross-border payment company’s European business Earthport, the cross-border payments service provider has appointed web entrepreneur and banker Daniel Marovitz as President of Europe, effective immediately. Daniel is responsible for the company’s European commercial operations, ...
NY financial regulator sends subpoenas in forex probes
February 10th, 2015
New York’s financial regulator has sent subpoenas to Goldman Sachs, Credit Suisse, BNP Paribas and Societe General, expanding its probe into the possible rigging of foreign exchange rates through computer programs, people familiar with the matter said. The state’s ...
ICAP to face EU fine over yen cartels
February 3rd, 2015
ICAP faces an EU fine this week for allegedly facilitating cartels on yen-denominated inter-rate benchmarks, as Brussels tackles the holdouts in rate-rigging probes that have already resulted in about €1.7bn in penalties. The world’s largest interdealer broker has strongly ...
