Search Results for: Global banks

RBI:India Cuts Rates,First Bi-monthly Monetary Policy Statement, 2016-17

April 5th, 2016 (0)
Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 ...

UBS, HSBC Offshore Dealings Thrust Into Panama Papers Spotlight

April 5th, 2016 (0)
Report describes UBS’s dealings with law firm Mossack Fonseca Both banks say they comply with laws for vetting customers UBS Group AG and HSBC Holdings Plc — two of the banks hardest hit amid a U.S. crackdown on customers’ illicit ...

Biggest Ever Saudi Overhaul Targets $100 Billion of Revenue

April 4th, 2016 (0)
Levies on expats, energy, luxury goods, sugary drinks seen Plan is to boost non-oil revenue to balance budget by 2020 The biggest economic shake-up since the founding of Saudi Arabia would accelerate subsidy cuts and impose more levies, a ...

Deutsche Bank just lost its prime position in a prominent investment banking league table

April 4th, 2016 (0)
Deutsche Bank is suffering — it lost £5.1 billion ($7.4 billion) in 2015, shares tumbled, it is cutting thousands of jobs to shore up costs, and some of its key businesses continue to suffer. So it comes as no surprise that ...

Citadel has just hired a top trader of Morgan Stanley’s electronic trading

April 4th, 2016 (0)
Ken Griffin’s Citadel has hired a top trader from Morgan Stanley. Morgan Stanley’s global head of rates electronic trading, Nicola White, is joining Citadel Securities as global COO for fixed income, currencies and commodities, the firm has confirmed. “She has a ...

Asia markets rise; Japanese yen maintains 111 handle versus dollar

April 4th, 2016 (0)
Asian markets were mixed Monday, with Japanese shares losing ground on the back of a lower dollar/yen pair, which has hovered at the 111 level since Friday. Australia’s ASX 200 was up 0.64 percent, while Japan’s Nikkei 225 gave up gains to trade ...

Asia markets mixed; Nikkei up 0.4%, Kospi down 0.5%

March 31st, 2016 (0)
Asia markets traded mixed on Thursday, with some markets partially retracing their advances following Federal Reserve chair Janet Yellen’s cautious stance on the path of tightening earlier this week. Japan’s Nikkei 225 wavered between gains and losses before trading up 0.41 percent, while ...

Most Asian markets up in wake of dovish Yellen remarks, but Nikkei lags

March 30th, 2016 (0)
Most Asian markets advanced after remarks from Federal Reserve chair Janet Yellen assuaged concerns about a near-term interest rate hike, but Japan’s shares retreated as the yen strengthened. “Janet Yellen doubled down on dovishness, in a speech full of risks to ...

Financial Policy Committee statement from its policy meeting, 23 March 2016

March 29th, 2016 (0)
1. The Bank of England’s Financial Policy Committee (FPC) assesses the outlook for financial stability by identifying the risks faced by the financial system and weighing them against the resilience of the system.  In doing so, its aim is to ...
Broker Cyprus TopFX