Search Results for: EU commission
Swiss Banks Try to Keep Italian Clients After Tax Deal Is Signed
February 26th, 2015
Swiss asset managers, faced with the prospect of an exodus of Italian funds, have won a reprieve. An agreement to share tax information among the two nations signed Monday means Italy will remove Switzerland from a black list, enabling ...
Citigroup unit probed by more authorities over money laundering
February 26th, 2015
Citigroup Inc (C.N) said additional government authorities have started probes of possible breaches of anti-money laundering laws at its Banamex USA unit. (Read more: International and regional bodies that combat money laundering ) The Financial Crimes Enforcement Network, a unit of ...
Preliminary Results for the year ended 31 December 2014
February 25th, 2015
Focused marketing strategy and ongoing improvement in the strength of the Plus500 brand attracted new customers – active customers exceeded 100,000 for the first time Effective user experience across all platforms including smartphones and tablets Intuitive technology platform enabled ...
Bats Global Markets Names Chris Concannon CEO; Joe Ratterman Becomes Chairman
February 25th, 2015
BATS Global Markets (BATS), a leading operator of U.S. and European markets, today announced that President Chris Concannon will be appointed to the additional role of chief executive officer, effective March 31, 2015. Mr. Concannon arrived at BATS as ...
Greek Goverment shifts focus to funding needs after list approved
February 25th, 2015
Creditors clear reforms with some caveats The Greek government on Tuesday shifted its focus to the pressing matter of tackling immediate funding needs after the country’s international creditors provisionally approved a list of economic reforms proposed by the Greek ...
ESMA and JFSA conclude an MoC regarding CCPs
February 24th, 2015
The European Securities and Markets Authority (ESMA) and the Financial Services Agency of Japan (JFSA) have concluded a Memorandum of Cooperation (MoC). The MoC establishes cooperation arrangements between the signatory authorities regarding Central Counterparties (CCPs) that are established in ...
Greece submits proposed reforms in bid for loan extension
February 24th, 2015
Greece has submitted a list of reform proposals to its bailout creditors, the European Commission says. The list was received “on time” before a Monday deadline, a spokesman tweeted. The measures include combating tax evasion and tackling the smuggling ...
International and regional bodies that combat money laundering (Part A)
February 24th, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
Big Banks Face Scrutiny Over Pricing of Metals
February 24th, 2015
U.S. Justice Department investigates price-setting process for gold, silver, platinum and palladium U.S. officials are investigating at least 10 major banks for possible rigging of precious-metals markets, even though European regulators dropped a similar probe after finding no evidence ...
Asia Stocks Climb With Dollar Before Yellen, Greek Talks
February 24th, 2015
Asian stocks traded near a five-month high and the dollar strengthened before Federal Reserve Chair Janet Yellen speaks to lawmakers and as Greece’s creditors review a list of debt-reduction policies. Australian bonds gained and U.S. oil extended declines below ...
