Search Results for: Global banks
Statement by Glenn Stevens, RBA Governor: Monetary Policy Decision
June 2nd, 2015
At its meeting today, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than ...
Hotspot Introduces Market-Leading Standards for Liquidity Providers
May 29th, 2015
New Standards for Market Makers Designed to Provide Enhanced Transparency to the Global Electronic FX Market Hotspot, a leading institutional foreign exchange (FX) market owned and operated by BATS Global Markets (BATS), today announced new standards for Hotspot liquidity ...
Citi Announces Top Innovations from Citi Mobile Challenge in Jerusalem, London, Nairobi, and Warsaw
May 28th, 2015
Global Financial Technology Challenge showcases new FinTech solutions fueling innovation and inclusive finance Today Citi announced the top innovations from the Citi Mobile Challenge in Europe, the Middle East and Africa (EMEA). This global initiative launched in EMEA in February ...
CMC Markets profits surge 61 per cent
May 28th, 2015
CMC Markets Group reports underlying profits before tax increase by 61 per cent to £51.9 million The Group capital ratio stands at 24 per cent (301 per cent pre CRD IV) with minimal debt and own funds of £141 ...
Growing financial risk appetite within a gradual economic recovery – Financial Stability Review
May 28th, 2015
Euro area systemic stress remained low in past six months amid improving, but still subdued, economic growth Financial markets show continued asset price rises and bouts of volatility, but without generalised overvaluations Challenging operating environment for euro area banks ...
Forex’s ‘Last Look’ Practice Gets Curbed
May 28th, 2015
Two of the world’s biggest currency-trading platforms will restrict a controversial industry practice Two of the world’s biggest currency-trading platforms plan to restrict a controversial industry practice in which banks can pull out of trades at the last moment ...
Top news of the day, May 27
May 27th, 2015
1.FDI into Europe hits a new record with US$305b attracted into the region in 2014, translating to a 36% year-on-year growth, despite global growth slowdown. Last year alone, 43 European countries – including Russia and Turkey – drew 4,341 ...
Top 10 Countries in Which Bitcoin is Banned
May 27th, 2015
Countries around the world have a wide ranging view of the digital currency bitcoin or a “virtual currency.” Western superpowers like the United States and United Kingdom have shown a positive attitude towards the new technology. Some countries like Canada and Australia are ...
China’s yuan ‘no longer undervalued’: IMF
May 27th, 2015
For years, China has been criticized for keeping its currency from strengthening too much against the dollar. But those days may be over — the International Monetary Fund has declared that the yuan is “no longer undervalued.” “Appreciation over ...
LCH.Clearnet launches buy-side clearing of FX derivatives in Europe
May 26th, 2015
European offering expands on ForexClear’s US client clearing model Four banks signed up as clearing brokers Variety of account structures provide end users with increased protection and asset segregation LCH.Clearnet Limited (“LCH.Clearnet”), the global clearing house, today announced ...