Search Results for: IG Group
Lower Oil Revenues See Saudi-Arabia Open Up Stock Exchange
June 18th, 2015
Saudi Arabia may be rich enough to weather the current trend of low oil prices, but it’s losing money nonetheless and has found a way that it believes could help make up for the loss: opening its stock market ...
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 ...
Blackstone, Carlyle in $10 billion-plus bid for NCR
June 17th, 2015
Blackstone Group LP (BX.N) and Carlyle Group LP (CG.O) are making a joint bid for NCR Corp (NCR.N) in a leveraged buyout that would be the year’s biggest at more than $10 billion, including debt, people familiar with the ...
The Bank of Greece Report on Monetary Policy 2014-2015
June 17th, 2015
Today, in accordance with its Statute, the Bank of Greece submitted its Report on Monetary Policy 2014-2015 to the Speaker of the Greek Parliament and the Cabinet. At the time of writing of the present report, news kept unfolding, ...
Buy side should double down on scaling R&D investments
June 17th, 2015
To address declining return on investment, buy side needs to speed up the process of testing and disqualifying unworkable strategies, while allowing more resources to be invested in benchmarking and scaling up the most promising systems, according to a ...
FCA imposed £1.47bn in fines in 2014 with UBS and Citibank among worst offenders
June 17th, 2015
The Financial Conduct Authority (FCA) imposed £1.47bn (€2.04bn, $2.3bn) in fines on companies in 2014, a rise of 68% from the year before, according to a study by Kinetic Partners. The study showed the average fine imposed on businesses ...
The world’s richest regions: Asia Pacific overtakes Europe
June 17th, 2015
Asia Pacific had $47.3 trillion in private wealth last year Asia Pacific (excluding Japan) leapfrogged Europe to become the world’s second richest region last year, in a ranking by Boston Consulting Group (BCG). The region counted $47.3 trillion in ...
First Data unveils Clover Mini payment terminal; BofA begins roll out
June 17th, 2015
Unveiling the latest of its best-in-class business management tools for business owners, First Data, the global leader in payment technology and services solutions, today announced the launch of Clover Mini, the newest member of the Clover family of products. ...
Libor Brokers Called Hayes Berating ‘Very Upsetting’ in Messages
June 17th, 2015
Thomas Hayes, the former UBS Group AG and Citigroup Inc., trader accused of rigging Libor, berated brokers and colleagues when things didn’t go his way, according to messages shown to jurors by prosecutors. Hayes communicated daily with interdealer brokers, ...
S.Korea reviewing whether global banks in FX probe affected Korea
June 17th, 2015
South Korea’s anti-trust agency chief said on Wednesday the agency is looking into whether the activities of six global banks that were recently fined nearly $6 billion in a U.S. and European forex probe had affected South Korean companies. ...
