Search Results for: First Data
Fed Tiptoes Into Rate-Hike Debate
February 19th, 2015
Minutes of latest policy meeting show central bankers discussing when and how to raise interest rates from near zero The Federal Reserve’s debate about raising short-term interest rates is heating up. At their Jan. 27-28 policy meeting, officials heard ...
Japan shares hit 15-year peak; yields drop on Fed view
February 19th, 2015
The U.S. dollar nursed modest losses in Asia on Thursday while bonds held on to heftier gains as investors scaled back expectations on how fast, and how far, the Federal Reserve might raise interest rates in coming months and ...
MFSA: Warning against INTERACTIVE BROKERAGE LTD (former GLOBAL MARKETS LTD)
February 18th, 2015
INTERACTIVE BROKERAGE LTD (former GLOBAL MARKETS LTD) The Financial Supervision Commission (FSC) draws investors’ and all interested parties’ attention on the fact that starting from February 5th, 2015 GLOBAL MARKETS LTD. changed its corporate name and the new name ...
Swiss police raid HSBC’s Geneva office
February 18th, 2015
Swiss police are searching offices of the Geneva subsidiary of HSBC bank in an inquiry into alleged money-laundering. Prosecutors said they are investigating HSBC Private Bank (Suisse) and “persons unknown for suspected aggravated money laundering”. The investigation could be ...
ESMA publishes annual report and supervisory focus for CRAs and TRs
February 17th, 2015
The European Securities and Markets Authority (ESMA) has published today an annual report (Report) on its direct supervisory activities in 2014 regarding credit rating agencies (CRAs) and trade repositories (TR). The report summarises the key actions taken during 2014 ...
Eurogroup: The statements rejected, changed, withdrawn (read them all!)
February 17th, 2015
Eurogroup Finance Ministers ended their meeting without an agreement. The Radical Left Coalition’s (SYRIZA) plan was accepted, but one statement proved a stumbling block: “The Greek authorities have indicated that they intend to successfully conclude the program, taking ...
Self protection against money laundering
February 16th, 2015
There is much that both financial and non-financial businesses can do to take the initiative and implement their own money laundering prevention measures. The framework for such prevention measure for protection against money laundering is: Know your administration Know ...
Tokyo shares at eight-year top, Greek talks loom
February 16th, 2015
Japanese shares touched an eight-year high on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union would make progress this week on a debt deal with Greece. Oil prices faded after an early spurt, ...
HSBC files: Swiss bank hid money for suspected criminals
February 13th, 2015
HSBC’s Swiss bank concealed large sums of money for people facing allegations of serious wrongdoing, including drug-running, corruption and money laundering, leaked files reveal. Despite being legally obliged since 1998 to make special checks on high-risk customers, the bank ...
$9 Trillion Question Is How Tighter Fed Will Impact the World
February 13th, 2015
When Group of 20 finance ministers this week urged the Federal Reserve to “minimize negative spillovers” from potential interest-rate increases, they omitted a key figure: $9 trillion. That’s the amount owed in dollars by non-bank borrowers outside the U.S., ...
