Search Results for: ESMA
Deutsche Bank Shares Drop on Fears of Capital Raising
September 27th, 2016
Intensifying concerns about Deutsche Bank AG’s financial health caused its shares to drop Monday and pushed the company into the awkward position of publicly denying that it had sought help from the German government. Shares of Deutsche Bank, one of the ...
Japan issues fresh warning against excessive yen rises
September 23rd, 2016
Japanese authorities are ready to act against excessive yen rises, the government’s top spokesman said on Friday, issuing a fresh warning to markets against recent yen gains that could hurt the country’s export-reliant economy. The dollar fell to a ...
Deutsche Bank Woes Sparks Concern Among German Lawmakers
September 23rd, 2016
Social Democrat members said to have discussed bank’s finances Biggest German lender creeps into Berlin’s political debates Deutsche Bank AG’s finances, weakened by low profitability and mounting legal costs, are raising concern among German politicians after the U.S. sought ...
Iran’s $50bn deal with Airbus and Boeing
September 22nd, 2016
Airbus and Boeing have received permission from the US government to sell aircraft to Iran, part of landmark deals potentially worth some US$50 billion in total following last year’s nuclear accord. The announcements came as Iranian and US leaders ...
Technical glitch hits ASX
September 19th, 2016
The Australian Securities Exchange has ruled out any cybersecurities issues as a factor in severe trading disruptions today, saying hardware failure was to blame after the exchange was knocked out for most of the session. “Today, ASX encountered issues ...
Deutsche Bank AG said it won’t pay the $14 billion sought by the U.S.
September 16th, 2016
Negotiations are ‘just beginning,’ lender says in statement U.S. shares of biggest German bank tumble in extended trading Deutsche Bank AG said it won’t pay the $14 billion sought by the U.S. Justice Department to settle an investigation into ...
CySec has issued a Circular regarding MIFID II Guidelines on Cross Selling Practices
September 15th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform the Regulated Entities about the following: 1. The European Securities and Markets Authority (ESMA) has published its Guidelines on Cross Selling Practices under MiFID II (‘the Guidelines’) to ensure ...
UK’s new Brexit department spending £33,500 a week on legal advice
September 12th, 2016
Theresa May’s new Brexit department has spent tens of thousands of pounds on legal advice in the eight weeks since its creation, according to official figures. Britain has yet to formally start talks to withdraw from the European Union, ...
Low tax Zug aims to become Switzerland’s ‘Crypto Valley’
September 8th, 2016
Zug town hall now accepts bitcoin More than a dozen crypto currency firms operating there so far Government looking at changing regulation to attract more firms The small Swiss canton of Zug, famed for the low taxes that have ...
Brazilian Police Launch Investigation Into Alleged Fraud at Pension Funds
September 6th, 2016
Brazilian police on Monday said they launched an investigation into alleged fraud of as much as 8 billion reais ($2.5 billion) at the country’s four largest pension funds, all of which are linked to state-controlled companies. Judge Vallisney de ...
