Search Results for: Global banks
Credit Suisse Goes Live Globally on FXSpotStream
April 23rd, 2015
Credit Suisse Goes Live Globally on FXSpotStream as the 10th Liquidity Provider and Commences Client Trading FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Credit Suisse is now live as a liquidity providing bank to ...
Qatari banks ink deal for Islamic finance venture in China
April 14th, 2015
Two Qatari banks and Chinese brokerage Southwest Securities signed a memorandum of understanding on Tuesday to establish a company handling Islamic finance deals in China. At present there is very little Islamic finance activity in China, but the country’s ...
Central Banks at Zero Failing to Turbocharge Effect of Cheap Oil
April 9th, 2015
Central bankers unable to cut interest rates are failing to turbocharge the effect of declining oil prices. Economists at Oxford Economics Ltd., a U.K.-based research group, say policy makers may be damping hopes that last year’s near-halving of crude ...
Asian central banks back in action this week
April 6th, 2015
The week ahead starts with Asian markets digesting the crucial U.S. nonfarm payrolls report, which continued to fuel the ongoing debate over when the Federal Reserve will launch its first interest rate hike. After digesting the U.S. jobs data, ...
Bank of England publishes details of 2015 stress test for largest UK banks and building societies
March 30th, 2015
Today, the Bank of England is publishing the scenario for the 2015 stress test, which will be applied to the largest UK banks and building societies. The scenario has been agreed by the Financial Policy Committee (FPC) and Prudential ...
Central banks agree new rules for FX market conduct
March 24th, 2015
Banks must prevent traders sharing order information under a new global code of conduct that bans traditional slang usages and gives dealers more guidelines for what they can and cannot say about the world’s biggest financial market. The 8-page ...
Big Banks Struggle to Pass Fed’s ‘Stress Tests’
March 12th, 2015
Bank of America must resubmit proposal to address certain weaknesses Four of the biggest names on Wall Street struggled to pass the Federal Reserve’s 2015 “stress tests,” and the U.S. units of two foreign banks fell short, underscoring the ...
Xoom Expands Instant Money Transfer Service to Most Banks in Pakistan in Partnership with HBL
March 9th, 2015
Xoom Corporation (NASDAQ:XOOM), a leading digital money transfer provider, now offers instant deposits to most banks in Pakistan through HBL. Pakistanis in the U.S. can now use Xoom to instantly send money to their loved ones’ rupee account anytime, ...
GT Nexus selects Deutsche Bank for global cash management
March 6th, 2015
Deutsche Bank today announced its appointment as a global cash management bank for GT Nexus, the world’s largest cloud-based business network and execution platform for global trade and supply chain management. Deutsche Bank’s international cash management platform now offers ...
All US banks pass first phase of ‘stress test’
March 6th, 2015
All 31 US banks have passed the first hurdle in the Federal Reserve’s latest round of annual “stress tests” to see how they would cope in the next economic crisis. The central bank said the banks had enough capital ...
