Search Results for: Global banks
BNP Is Considering Its Biggest Bank Revamp Since the Crisis
July 30th, 2015
BNP Paribas SA is considering a reorganization of its securities unit that may bring the deepest cost cuts since the financial crisis. France’s largest bank enlisted Oliver Wyman and Boston Consulting Group to work on the revamp, dubbed “CIB ...
Asian shares, dollar up on Fed’s optimism; earnings in focus
July 30th, 2015
Asian stocks tiptoed higher on Thursday and the dollar consolidated recent gains after the U.S. Federal Reserve painted a relatively bright picture of the economy, but a deepening sell-off in commodities kept gains in check. Prospects of stronger U.S. ...
Forexware Invests in Asia with New Shanghai Operations
July 29th, 2015
Forexware, a leader in end-to-end forex (FX) solutions, as part of its continued expansion into the Asian market, today announced an arrangement with Shanghai Fu Li Lai Information and Technology Limited to act as an exclusive reseller of Forexware ...
Greek Stock Market on Course to Reopen as ECB Gives Assent
July 29th, 2015
The reopening of the Athens stock market is one step closer. The European Central Bank on Tuesday approved proposals for trading rules to end the four-week closure, according to a spokeswoman for the Athens Stock Exchange. The timing of ...
Interdealer broker Tullett Prebon acquired MOAB Oil broker and announced Financial Results
July 29th, 2015
Tullett Prebon plc (the “Company”) announced that it has acquired MOAB Oil, Inc. (“MOAB”) a leading independent broker of physical and financial instruments in the energy markets. MOAB’s expertise includes physical gasoline, gasoline blending components, oil product swaps, ethanol, ...
Is it all over for Gold?
July 28th, 2015
With prices at five-year lows, Annabelle Williams asks whether the precious metal is truly hammered The Gold price has been hammered in the last few weeks, leaving the precious metal at the lowest prices for five years. Gold took ...
The alpha and beta of smart investing in troubled times
July 28th, 2015
With better returns than passive funds at a lower cost than actively managed funds, smart beta vehicles are increasingly available and becoming more popular Even in normal times, individual and institutional investors alike have a hard time figuring out ...
Huawei establishes an open platform ecosystem for finance industry with eleven world’s leading banking IT solution providers
July 27th, 2015
Huawei recently announced that it will partner with eleven of the world’s leading banking IT solution providers to establish an open platform ecosystem for the finance industry at Huawei’s Global Financial Services Industry (FSI) Summit 2015 in Beijing, China. ...
Asian shares skid as weak China PMI revives demand concerns
July 24th, 2015
Asian equities stumbled on Friday after a survey showed China’s manufacturing activity crumbled to 15-month lows, rekindling concerns for the region’s exports as the world’s second-largest economy struggles to arrest a broad downturn. MSCI’s broadest index of Asia-Pacific shares ...
Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now?
July 23rd, 2015
If we were going to see a stock market crash in the United States in the fall of 2015 (to use a hypothetical example), we would expect to see commodity prices begin to crash a few months ahead of ...
