Search Results for: Euro
Banks around the world announced their First Quarter Results
April 30th, 2015
Banks around the world with international operations issued press release to annouce their Results for the First Quarter of 2015. Highlights for Credit Susisse, BNP Paribas, Royal Bank of Scotland and Bank of China are as follow: Credit Suisse ...
OCR unchanged at 3.5 percent
April 30th, 2015
Statement issued by Reserve Bank of New Zealand Governor Graeme Wheeler: The Reserve Bank today left the Official Cash Rate unchanged at 3.5 percent. Trading partner growth continues at around its long-term average, but remains dependent on highly accommodative ...
ESMA recognises third-country CCPs
April 30th, 2015
The European Securities and Markets Authority (ESMA) has today recognised ten third-country CCPs established in Australia, Hong Kong, Japan and Singapore. The recognition by ESMA allows third country CCPs to provide clearing services to clearing members or trading venues established in ...
Cutting Russia off SWIFT banking network would be catastrophic — UniCredit representative
April 30th, 2015
In case of a cut-off, Russia will be much more effective in adopting a different system of payments, maybe in cooperation with China, and many Western banks will collapse The idea of cutting Russia off the SWIFT international banking ...
Cyprus, Greece, Egypt agree to boost economic and political cooperation
April 29th, 2015
The leaders of Cyprus, Greece and Egypt agreed on Wednesday to augment economic and political cooperation among their respective nations, underlining their commitment to peace and stability in a troubled region. “Today we have reaffirmed that the trilateral dialogue ...
Accounting threshold shifts risk lasting damage to audit profession
April 29th, 2015
Earlier this month, on 6 April, a new EC directive quietly slipped into force. The less than snappily titled Companies, Partnership and Groups (Accounts and Reports) Regulations 2015 – the UK’s implementation of the EU Accounting Directive – passed onto the ...
Riksbank purchases government bonds for a further SEK 40-50 billion
April 29th, 2015
Riksbank purchases government bonds for a further SEK 40-50 billion, lowers the repo-rate path significantly and holds the repo rate at −0.25 per cent The expansionary monetary policy is having a positive impact on the Swedish economy and inflation ...
Deutsche Bank is to invest up to €1 billion in digital technologies
April 29th, 2015
Investment is part of the German bank’s restructuring strategy, which aims to achieve annual savings of €3.5 billion by 2020. Deutsche Bank is to invest up to €1 billion to deploy digital technologies across all of its businesses over ...
Marco Baggioli Swaps BNP for ADS
April 29th, 2015
Marco Baggioli, Global Head of FX Prime Brokerage at BNP Paribas, is joining ADS Securities London Limited to take up the role of Chief Operating Officer. He will start work after the 1st July 2015 reporting to ADS London’s Managing Director, James ...
HCMC imposes fines on foreign investors for naked short selling
April 29th, 2015
Over 1.6 million euros worth of fines were imposed for naked short selling during April and May of 2014 The Hellenic Capital Market Commission (HCMC) announced that it has imposed over 1.6 million euros worth of fines on foreign ...
