Search Results for: Global banks
China Unveils Economic Blueprint for 2016
December 22nd, 2015
Chinese leaders approved an economic blueprint for next year that emphasizes tackling long-term problems and reflects a realization that debt and investment can no longer power the world’s second-largest economy. The plan, laid out at a closed-door conclave of ...
BT helps ADS Securities extend institutional trading operations into North America
December 22nd, 2015
BT today announced that it is making it easier for institutions with a presence in North America to access foreign exchange, metals and commodities markets via the OREX trading platform of leading financial services company, ADS Securities. Abu Dhabi-based ...
QNB Group enters into definitive agreement with National Bank of Greece to acquire its 99.81% stake in Finansbank – Turkey
December 22nd, 2015
QNB Group, the largest financial institution in Qatar and the Middle East and North Africa Region, announces that it has entered into a definitive agreement with National Bank of Greece for the acquisition of its entire stake comprising 99.81% ...
Thomson Reuters introduce FX Monitor in Eikon Messenger
December 21st, 2015
Move gives corporate treasurers greater control by simplifying access to financial services community alongside exclusive news and analysis from Thomson Reuters Keeping in touch with the rapidly changing and time-sensitive foreign exchange markets can pose significant challenges for corporate ...
Israel’s Flourishing Fintech Has Many Fathers
December 21st, 2015
Israeli finance technology has taken giant leaps in the last few years. Hundreds of local startups are developing new technologies for payment and security solutions, and multinational companies and banks are flocking to Israel for a piece of the action. Much ...
Commodity losses
December 18th, 2015
Markets have been extraordinarily complacent about the bad debts building up in the financial system. In the wake of the Fed’s decision to raise interest rates this week, the effect on debt was barely mentioned in the subsequent analysis ...
StanChart:We announced the world’s first application of distributed ledger technology for trade finance
December 18th, 2015
Standard Chartered Bank, DBS Bank and Infocomm Development Authority of Singapore (IDA) have successfully completed a proof of concept (PoC) delivering the world’s first application of distributed ledger technology to enhance the overall security of trade finance invoicing. Leveraging ...
LSEG Pre-Close Trading Update
December 17th, 2015
Unless otherwise stated, the following commentary refers to non-financial KPIs for the eleven months ended 30 November 2015 and, where appropriate, to the corresponding period last year. Good performance across each of the Group businesses In Information Services: – ...
Blockchain consortium R3 opens its doors to exchanges and clearing houses in 2016
December 17th, 2015
Blockchain standards builder R3 has opened its doors to non-bank financial services firms including funds, exchanges, clearing houses, standards bodies and infrastructure companies, from early in 2016. R3 also announced the addition of another 12 banks, taking the total ...
Bank of Tokyo-Mitsubishi UFJ goes live on FXSpotStream as the 12th Liquidity Provider
December 16th, 2015
Volumes on the Service increases 25% through November FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Bank of Tokyo-Mitsubishi UFJ is now live as a liquidity providing bank to FXSpotStream’s price aggregation service and client ...
