Search Results for: Global banks
Asian markets close on three-week lows, weighed by ECB, Fed
December 4th, 2015
Asian equities slumped to three-week lows Friday, following a global sell-off overnight as investors digested comments from the Fed and the European Central Bank (ECB). Overnight, Fed chair Janet Yellen said in a testimony before Congress that recent economic ...
Asian stock markets trade mixed; commodities weigh
December 3rd, 2015
Asian stocks trimmed losses Thursday as oil prices edged up from an over three month low, although the mood remained cautious ahead of key economic events overseas. U.S. crude prices clawed back gains and was up 43 cents or 1.08 ...
UBS Traders May Be First to Face Sanctions in Forex Probes
December 2nd, 2015
Swiss regulator may issue penalties by the end of the year Finma probed 11 currency, metals traders amid global scandal As many as seven UBS Group AG traders may face sanctions from Switzerland’s financial watchdog in the coming weeks, ...
ECB and the People’s Bank of China successfully test bilateral currency swap arrangement
November 27th, 2015
The European Central Bank (ECB) and the People’s Bank China (PBC) successfully test their bilateral currency swap arrangement The tests serve to confirm operational readiness and are not a precursor to activation of a swap Swap arrangement contributes to ...
Saxo Bank signed partnership with JSC Galt & Taggart
November 25th, 2015
Saxo Bank, the multi-asset trading and investment specialist, today presents its new white label partnership with JSC Galt & Taggart, a wholly owned investment banking subsidiary of Bank of Georgia Holdings PLC listed on the main market of the ...
10 Forex Concepts You Need to Understand
November 25th, 2015
The foreign exchange (forex, FX for short) is the world’s most liquid financial market, with a daily turnover of $5.3 trillion(1). Each day, governments, multinational corporations, banks, investors and traders exchange currencies on the open market to facilitate ...
Blockchain Consortium focused on the Commodity Markets
November 25th, 2015
Kynetix, a global leader in Commodity post trade technology platforms, today announced it is launching a Commodity-focused blockchain consortium. An inaugural dinner will take place in London this Wednesday with 15 participants representing major commodity exchanges, investment banks, clearing ...
BBVA enters Britain with £45m Atom deal
November 24th, 2015
BBVA has become the most recent Spanish bank to make an entry into the British market, following in the footsteps of Sabadell and Santander. It bought a 29.5% stake in Atom to become the single-largest shareholder in UK’s first ...
Black money probe: India seeks Swiss help in probe into Preneet Kaur, son’s bank accounts
November 24th, 2015
The Swiss tax department has made these disclosures in two separate notifications published today in the Switzerland government’s federal gazette. As Indian tax authorities continue their probe into Swiss bank accounts of several citizens, Switzerland on Tuesday said India ...
Asian stocks under pressure from weak commodities prices
November 24th, 2015
A slide in commodities prices pressured Asian resources shares Tuesday, as investors in the region also try to navigate global central banks’ split approaches to monetary policy. Expectations the Federal Reserve will raise interest rates at its December meeting ...
