Search Results for: Global banks
Foreign investors warn China e-trading proposal could sink Stock Connect
November 13th, 2015
Draft rules to curb high-speed trading blamed for China’s summer stock market crash could kill off billions of dollars of investment into China, global banks and investors have told Chinese regulators in a letter. Industry participants who signed off ...
Markit completes acquisition of CoreOne Technologies
October 2nd, 2015
Markit (Nasdaq: MRKT), a provider of financial information services, today announced the completion of its acquisition of CoreOne Technologies, a global leading provider of regulatory reporting, index management, data management and prime brokerage services to financial institutions. The acquisition ...
U.S. Currency Probe Expands to Russia, Brazil Trades
September 1st, 2015
U.S. prosecutors have expanded their probe of currency-market manipulation by some of the world’s largest banks to include the Russian ruble and Brazilian real, according to two people familiar with the matter. The Justice Department is using cooperation agreements ...
Markit to acquire DealHub
August 25th, 2015
Expands services and customer base in $5 trillion global FX market Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced that it has agreed to acquire DealHub, a leading provider of trade processing and trading ...
Visa joins firms betting on technology behind Bitcoin
August 13th, 2015
Move comes at a time when banks around the world are looking at ways to use the technology to make transactions more efficient and secure Visa Inc. will soon have a team of engineers at its Bengaluru office to ...
Markit to acquire CoreOne Technologies
August 12th, 2015
Strengthens Markit’s regulatory reporting, index management and data management services; extends its capabilities into prime brokerage Markit (Nasdaq: MRKT), a provider of financial information services, today announced that it has agreed to acquire CoreOne Technologies, a global leading provider ...
Citigroup Hires Ex-Deutsche Bank Prime Services Duo in London
August 12th, 2015
Citigroup Inc.C -1.91% has hired two former London-based Deutsche Bank AGDBK.XE -1.53% managers for its European client-services businesses, as the U.S. bank aims to attract more hedge funds as clients in stock-trading and other areas, according to an internal memo sent to employees on Tuesday. Citigroup ...
Deutsche Bank goes live with KYC service
June 30th, 2015
Deutsche Bank’ Global Transaction Banking (GTB) division has embedded SWIFT’s Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about correspondent banks required for KYC compliance, into its KYC procedures. GTB’s financial institution ...
A record $9 billion penalty levied against BNP Paribas SA
June 16th, 2015
A record $9 billion penalty levied against BNP Paribas SA for violating U.S. economic sanctions Terrorism Victims Seek Part of BNP Penalty Large contingency lost family or were injured in 1998 embassy bombings The record penalty is morphing into ...
Deutsche Bank’s grip on Asia FX market may slip on Jain’s exit
June 11th, 2015
The exit of Deutsche Bank co-chief executive Anshu Jain may see the lender surrender its strong position in Asia’s fast growing foreign exchange and fixed income markets, with incoming CEO John Cryan expected to cut some of the capital-intensive ...
