Search Results for: Global banks
Markit to acquire Loan/SERV service
January 12th, 2016
Markit, announced it has agreed to acquire the position reconciliation technology assets of DTCC Loan/SERV LLC (Loan/SERV), a subsidiary of The Depository Trust & Clearing Corporation (DTCC). Nearly 400 asset managers representing approximately 6,000 funds in the global syndicated ...
U.S. Supreme Court rejects former UBS executives’ appeals
January 12th, 2016
The U.S. Supreme Court on Monday declined to hear an appeal filed by three former executives of Swiss global investment bank UBS AG (UBSG.VX) convicted of conspiring to deceive U.S. cities and towns by rigging bids to invest municipal ...
Asia markets close lower, Nikkei 225 slips 2.71%
January 12th, 2016
Asia’s major markets closed mostly lower, with investor sentiment in the region remaining fragile as oil prices continued to slide and China concerns weighed. The Australian market erased its morning gains to slip into negative territory, with the main ASX ...
FXCM and PFSOFT Announce New Partnership
January 11th, 2016
FXCM announced its partnership with PFSOFT, a developer of professional trading software for banks, prime brokers and retail brokers. FXCM will provide trade execution and market data to the PFSOFT Protrader multi-asset solution through FIX API. Striving to create ...
Egyptian central bank outlines plan to help small firms
January 11th, 2016
Egypt’s central bank on Sunday issued guidelines on how it will incentivise banks to participate in a “comprehensive programme” to help finance small- and medium-sized enterprises in the latest move to try and create jobs and support its battered ...
ICBC Standard Bank buys Deutsche’s London bullion vault – sources
January 11th, 2016
ICBC Standard Bank growing bullion footprint Chinese-South African lender looking to become bullion clearer ICBC Standard Bank is buying the lease on Deutsche Bank’s London gold and silver vault, enlarging its footprint in the city’s bullion market, four industry ...
Gold in 2016
January 8th, 2016
Advance signs of a global slump in economic activity emerged in 2015. Furthermore, the dollar’s strength, coupled with widening credit spreads confirms a global tendency for dollar-denominated debt to contract. These developments typically precede an economic and financial crisis ...
Four London-based traders are being investigated by DoJ for possible manipulation
January 7th, 2016
DoJ investigates bond traders over market-rigging “What is Bond: A name for debt which is issued for a specified period of time. Depending the terms of the Bond, the issuer owes the holder/s a debt, and is obliged to pay ...
China battles to shore up stocks, yuan after globe-shaking slide
January 5th, 2016
China moved to shore up shaky sentiment on Tuesday a day after its stock indexes and yuan currency tumbled, rattling markets worldwide, but analysts warned investors to buckle up for more wild price swings. Stocks fell more than 2 ...
The ‘Bitcoin Island’accept the digital currency for everyday transactions
January 4th, 2016
Bitcoin: How the Isle of Man is leading a cryptocurrency revolution A scattering of businesses on ‘Bitcoin Island’ accept the digital currency for everyday transactions alongside sterling Like most coffee shops, Java Express in Douglas offers its clientele ...
