Search Results for: Ether
ICAP mulling spin-off of electronic trading arm EBS-BrokerTec, rumours say
March 27th, 2015
London interdealer broker ICAP is rumoured to be looking to spin off its electronic trading arm EBS-BrokerTec. The FTSE 250 company’s management have been mulling the split and, according to sources cited by Bloomberg, have recently discussed the separation ...
Goldman Overtakes JPMorgan in Commodities After Mercuria Sale
March 27th, 2015
Goldman Sachs Group Inc. earned back its place as the largest bank by commodities revenue after JPMorgan Chase & Co. sold its physical raw-materials business. JPMorgan, which made the most money from commodities among the top 10 investment banks ...
FASB plans two new proposals to simplify accounting
March 26th, 2015
FASB took steps to simplify accounting in two areas last week when it voted to direct the board’s staff to prepare a pair of proposed Accounting Standards Updates. Upon written approval by FASB, the proposals would be exposed for ...
Europe sets the pace as fintech investment triples in 2014
March 26th, 2015
Global investment in fintech ventures tripled from $4.05 billion in 2013 to $12.2 billion in 2014, with Europe being the fastest growing region in the world, according to a new report by Accenture. While the United States still captures ...
FCA publishes its Business Plan for 2015/16 and announces details of new supervision and authorisation divisions
March 24th, 2015
The Financial Conduct Authority has set out the key areas of work it will undertake in the forthcoming financial year with the publication of its Business Plan for 2015/16. It also confirmed the creation of two new Divisions that would ...
UK Offshore Tax Disclosures – Use The LDF while you can [Update]
March 24th, 2015
Tax authorities around the globe are increasingly working together to fight tax evasion and aggressive tax avoidance to collect more tax. In the UK, HMRC is geared up to take full advantage: anyone who needs to put UK tax ...
Deutsche Bank presents three ‘What if’ Grexit scenarios
March 24th, 2015
Here’s the three Deutsche Bank scenarios over “Grexit”: -Grexit Scenario 1: No contagion In the first scenario, Grexit occurs but has no contagion occurs – Grexit Scenario 2: Contagion In scenario 2, after a Grexit there would be an increase in volatility ...
Lloyds Bank named first UK Bank to establish partnership with UKTI
March 23rd, 2015
Lloyds Bank named first UK Bank to establish partnership with UKTI to increase exports and attract inward investment Lloyds Bank Commercial Banking becomes the first UK Bank to enter into a strategic partnership with UK Trade and Investment (UKTI) ...
Russia’s Putin calls for regional currency union
March 23rd, 2015
Russian President Vladimir Putin proposed on Friday creating a regional currency union with Belarus and Kazakhstan, Russia’s main partners in a union of ex-Soviet states facing growing economic challenges. Putin made his proposal at a meeting with the Belarussian ...
BOJ’s Kuroda: Told PM Abe Japan’s long-term price trend unchanged
March 23rd, 2015
Bank of Japan Governor Haruhiko Kuroda said he told Prime Minister Shinzo Abe on Monday that inflation is slowing due to a decline in oil prices but there is no change in the long-term rising trend for consumer prices as the economy improves. ...
