Search Results for: Global gold
Banks’ Civil Forex Settlements Near $2 Billion
June 18th, 2015
Barclays, BNP Paribas, Goldman Sachs and HSBC recently signed agreements to settle case The total amount paid by banks to settle a civil lawsuit tied to allegations traders manipulated the currency market has now reached almost $2 billion following ...
Asia stocks up, dollar sags as Fed tempers expectations for rate rise
June 18th, 2015
An index of Asian shares gained on Thursday while the dollar eased slightly after the Federal Reserve signaled that interest rates would rise more slowly than markets had expected. Spreadbetters, however, expected Greek debt matters to reclaim the spotlight ...
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 ...
Asian shares and euro slip as Greece fails to reach debt deal
June 15th, 2015
Asian shares fell and the euro skidded in Asian trade on Monday, after Greece‘s talks with lenders to avert a default ended with no agreement and Wall Street logged losses ahead of a Federal Reserve meeting. European Union officials ...
Asian shares swoon, dollar on defensive
June 9th, 2015
Asia shares sank in a sea of red on Tuesday as speculation of U.S. rate rise as early as September hit emerging markets generally, while failing to give a lasting lift to the dollar. A steady start soon gave ...
DGCX Group receives recognised body status by DFSA
June 8th, 2015
Recognition allows DIFC registered entities access to DGCX Group to trade and clear wide ranging products The Dubai Gold and Commodities Exchange (DGCX) and its CCP Operator arm, Dubai Commodities Clearing Corporation (DCCC) has been granted the status of ...
Euro off highs, China shares swing to new peak
June 5th, 2015
Asian shares were mostly lower on Friday while bonds snapped a vicious losing streak and the euro retreated as investors braced for U.S. jobs data and another day of drama over Greece. The main exception was China where stocks ...
World Stock Exchanges announce trading volumes for May 2015
June 3rd, 2015
Moscow Exchange Moscow Exchange announces trading volumes for May 2015. The Derivatives Market and FX Market posted the strongest growth, with volumes increasing 33% and 27% YoY, respectively. Secondary market turnover in bonds increased 12%. Equity & Bond Market Secondary market ...
Citigroup Hires Deutsche Bank’s Hayashi for Japan Markets
June 3rd, 2015
Citigroup Inc., the third-largest U.S. bank by assets, hired Kuniyoshi Hayashi from Deutsche Bank AG to head its Japanese markets and securities division. Hayashi will join Citigroup Global Markets Japan Inc. on Aug. 11 as a managing director and ...
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 ...
