Search Results for: IG Group
FS firms told to prepare for avalanche of IoT data
October 20th, 2015
Financial services firms should begin planning for the avalanche of new data that will hit them through the rise of the Internet of Things (IoT), which, if used correctly, could bring huge benefits to the industry, according to a ...
London Wants to Become the Center of Chinese Currency Trading
October 20th, 2015
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had “seriously damaged” relations by meeting with the Dalai Lama, the ...
Deloitte acquires leading Canadian asset reliability consultancy
October 20th, 2015
Asset Performance Group will bring new reliability and maintenance capabilities to Deloitte’s consulting practice Deloitte announced that it has entered into a definitive agreement to acquire the Asset Performance Group (APG), a leading asset reliability consultancy based in Burlington, ...
US, EU open free-trade talks in Miami
October 20th, 2015
Senior negotiators on a huge transatlantic trade treaty opened new talks in Miami Monday aiming to close some differences on key issues between the United States and the European Union. The 11th round of talks on the Transatlantic Trade ...
Barclays settles civil lawsuits for US$ 325m
October 20th, 2015
Barclays Settles Certain RMBS Securities Claims with the National Credit Union Administration (NCUA) Barclays has issued a press release to inform investors reached a settlement with the NCUA to resolve two outstanding civil lawsuits for US$ 325m. These lawsuits are part of ...
China’s stock market is on fire. That’s not a typo
October 20th, 2015
China’s stock market is in the midst of a reverse Isaac Newton moment. What goes down, must come back up. Way up actually. The Shanghai Composite has soared 11% so far in October after its dramatic 34% plunge between June and ...
Deutsche Bank, Credit Suisse Set to Scale Back Global Ambitions
October 20th, 2015
Regulation, interest rates, economy curbing profitability U.S. firms are grabbing greater share of investment bank fees Europe’s last global banks are caving in to pressure from regulators and preparing to tell investors just how much their aspirations will shrink. ...
Morgan Stanley’s trading rout sets grim tone for fourth quarter
October 20th, 2015
Morgan Stanley on Monday warned that there was little hope for a quick turnaround in its key trading business given the persistence of global growth concerns that helped pummel the bank’s third quarter earnings. Chief Executive James Gorman was ...
OPEC Brings Oil Price War Home in Pursuit of Asia’s Cash
October 20th, 2015
Members discounting their crude to lure Asian buyers Kuwait’s official selling price diverges from Saudi Arabia When it comes to deciding how much to charge Asian oil buyers, OPEC members are showing little regard for tradition. Suppliers from the Organization ...
The 10 Richest Investors in the World
October 19th, 2015
We all know the world of financial investing can be extremely lucrative. Forbes’ 2015 annual World Billionaires List sheds light on some of the richest billionaire investors and how they amassed their enormous wealth. Below is a rundown of ...