Search Results for: EC
HSBC voluntarily agrees to provide approximately £4m redress for historical debt collection practices
January 23rd, 2017
HSBC has voluntarily agreed to set up a redress scheme for customers who may have suffered detriment by paying an unreasonable debt collection charge imposed by HFC Bank Ltd (HFC) and John Lewis Financial Services Limited (JLFS), the Financial ...
Dollar Declines, Gold Gains With Industrial Metals
January 23rd, 2017
Yen climbs as traders react to Trump’s first days in office Japan’s Topix falls while Shanghai, Taiwan equities advance The dollar slumped after Donald Trump in his first days in office offered little news on his plans to boost growth ...
How blockchain technology could revolutionise global trade
January 21st, 2017
Blockchain technology could revolutionise trade – making it cheaper, quicker and simpler for businesses to trade internationally. From “letters of credit” to “bills of lading”, merchandise trade today is heavily reliant on paper documents. In our digital, connected world, ...
China’s economy grows 6.7% in 2016
January 20th, 2017
China’s economy grew by 6.7 per cent in 2016, compared with 6.9 per cent a year earlier, according to official data, marking its slowest growth since 1990. The figure is in line with Beijing’s growth target of between 6.5 ...
SEC Establishes Supervisory Cooperation Arrangement With Hong Kong SFC
January 20th, 2017
The Securities and Exchange Commission today announced that it has established a comprehensive arrangement with the Hong Kong Securities and Futures Commission (SFC) as part of the SEC’s long-term strategy to enhance the oversight of regulated entities that operate ...
Payment provider SafeCharge published a Pre-close trading update
January 20th, 2017
Pre-close trading update SafeCharge (AIM:SCH), the global provider of payments services, technologies and risk management solutions for online and mobile businesses, provides the following update as it enters its closed period ahead of announcing its results for the year ...
KCG adds four new independent directors to Board
January 20th, 2017
KCG Holdings, Inc. (NYSE: KCG) announced today that its Board of Directors has appointed Peter Fisher, Colin Smith, Heather Tookes and Adrian Weller as Directors, effective immediately. KCG also announced that Rene M. Kern and John C. (Hans) Morris ...
Manchester United overtake Real Madrid and Barcelona to become world’s richest club
January 19th, 2017
Red Devils generated a record £515m in revenue in the 2015/16 season. Manchester United have been named the richest football club on the planet for the first time in 11 years by Deloitte. The 20-time English champions generated a ...
FINRA reports on potential Implications of Blockchain in the securities industry
January 19th, 2017
Distributed ledger technology (DLT), better known as blockchain, has garnered significant interest in the securities industry, with many market participants indicating a desire for increased regulatory engagement as they explore the technology and its possible applications. In response, the ...
CLS Group: the average daily input value submitted to CLS for December was $4.58 trillion
January 19th, 2017
CLS Group Holdings AG has issued an announcement to publish its monthly volumes and values for December 2016. CLS published the below data: Total input volumes1 and values In December 2016: The average daily input volume submitted to CLS, ...
