Search Results for: ELA
KCG announces Consolidated Earnings
February 2nd, 2015
KCG One of the World’s Largest Independent Market Makers issued a press release for: Consolidated Earnings of $0.23 Per Diluted Share for the Fourth Quarter of 2014 Pre-tax income from continuing operations of $26.5 million includes a net charge ...
Tradition hires market structure experts
February 2nd, 2015
Tradition, one of the world’s largest interdealer brokers in over-the-counter commodity and financial products, has hired three experienced market structure professionals to expand its thriving hybrid and electronic businesses. John Wilson will become Managing Director within Tradition’s Strategy and ...
Greece Asks ECB to Keep Banks Afloat, Tsipras Pitches Deal
February 2nd, 2015
Greek Prime Minister Alexis Tsipras began the hunt for allies against German demands for austerity as his week-old government appealed to the European Central Bank not to shut off the money tap. Tsipras traveled to Cyprus on Monday before ...
MFSA Public Notice
February 2nd, 2015
Malta Financial Services Authority issued a Public Notice informing that: Surrender of Licence by FMG Funds SICAV plc granted in relation to FMG (EU) Global Allocation Fund This notice is to make the general public aware that FMG Funds SICAV ...
Germany Stands To Be Big Winner of Much-Opposed ECB Stimulus
February 2nd, 2015
Germany, the biggest opponent of the European Central Bank’s new stimulus program, is poised to reap immediate benefits from the effort—an irony that underscores the complexities of designing one monetary policy for the 19-member currency area. The ECB’s program, ...
CME Group and GFI Group Terminate Merger Agreement
February 2nd, 2015
CME Group Inc. and GFI Group Inc. announced that they have each determined to terminate their previously announced merger agreement following today’s special meeting of GFI shareholders. Preliminary results from the GFI shareholder meeting held earlier today in New ...
FXCM announced on Stockholder Rights Plan
February 2nd, 2015
FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange, or FX, trading and related services, announced that its Board of Directors has adopted a Stockholder Rights Plan (the “Rights Plan”) and declared a dividend distribution of one right ...
The third stage in the washing cycle – Integration
February 2nd, 2015
Integration It is the stage at which laundered funds are reintroduced into the legitimate economy, appearing to have originated from a legitimate source. Integration is the final stage of the process, whereby criminally derived property that has been placed ...
Oil Companies Draw on Creative Financing to Stay Afloat After Prices Tumble
February 2nd, 2015
North America’s small and mid-sized energy companies are searching for creative ways to stay afloat as investors smell blood in the water from the almost 60 percent fall in the price of oil since June. Oil and natural gas ...
Europe’s loan portfolio market to top €100bn in 2015
January 30th, 2015
European loan portfolios with a face value of €91bn were sold in 2014, up from €64bn the previous year, says PwC in a Q4 update from its Portfolio Advisory Group. PwC say the European secondary market for loan portfolios ...