Search Results for: ESMA
A computerized trading firm beat Banks in the rankings of the world’s biggest spot currency traders
May 26th, 2016
XTX is the first electronic specialist to break into top five Deutsche Bank was the biggest currency trader until 2014 Computerized trading firm XTX Markets Ltd. has come from nowhere to dethrone major banks including Deutsche Bank AG in the ...
RBS’s Bank Restructuring unit faces legal claims from business who claim they were forced into liquidation
May 26th, 2016
Small businesses who claim they were forced into liquidation by the activities of Royal Bank of Scotland’s controversial Global Restructuring Group (GRG), have set up a dedicated whistleblowers Website to encourage bank staff to provide information on the unit. ...
Barclays Unit Sued for $2.4 Million by Ex-Global Finance Chair
May 25th, 2016
Details of Jon Pratt’s claim in H.K. labor tribunal filing Pratt reported in January to have exited amid global job cuts Barclays Plc’s Asia unit is being sued for HK$18.9 million ($2.4 million) by former Asia Pacific Global Finance ...
Eurozone finance ministers are set to discuss easing Greece’s debt burden
May 23rd, 2016
Greek lawmakers on Sunday (22 May) adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche of much-needed bailout funds for the debt-ridden nation. The 7,000-page ...
EU Council confirms securities market rules MiFID II delay
May 20th, 2016
On 18 May 2016, the Permanent Representatives Committee (Coreper) approved, on behalf of the Council, an agreement with the European Parliament on a one-year delay to new securities market rules. The one-year postponement of the transposition and application dates will ...
Deutsche Bank May Punish Employees for Personal Trade With Firm
May 20th, 2016
Bank: ‘transaction may have involved unacceptable conflicts’ Auditors estimate employees gained about $37 million, WSJ says Deutsche Bank AG halted bonus payments to a group of employees while examining whether they improperly traded with the firm. “We are reviewing ...
Nissan would be ordered to recall hundreds of its diesel-powered Qashqai
May 16th, 2016
South Korea Accuses Nissan of Emissions Cheating on SUV Model The government says the Qashqai model’s emissions tests were rigged, but Nissan says the import meets the latest European requirements South Korea on Monday said it would order Nissan ...
EY to be replaced as BBC auditor
May 16th, 2016
National Audit Office set to replace EY as BBC auditor The current auditor is Big Four firm, EY, who took over the audit from KPMG in 2015. At the time, the BBC signed a three-year contract with EY, with ...
Nearly 400 LSE-listed companies based in tax havens linked to UK
May 13th, 2016
Research finds 389 firms on London Stock Exchange with market capitalisation of £225bn are registered in offshore territories Almost 400 companies listed on the London Stock Exchange (LSE), with a collective market capitalisation of £225bn, are based in offshore havens connected ...
Fintech Offer Opportunity To Investors
May 11th, 2016
Fintech is changing the way consumers interact with financial services and a key area for investors. Financial technology is shifting the business model away from cost per transaction to monetising data and advertising. New technologies include peer to peer ...
