Search Results for: IG Group
Biggest Global Banks Go to Pieces Under Pressure From Regulators
February 27th, 2015
Global regulators have issued dozens of rules aimed at making the biggest banks safer. That’s leading to another result some wanted: making them shrink. HSBC Holdings Plc, Europe’s biggest bank by market value, said this week it’s considering “extreme ...
Swiss Banks Try to Keep Italian Clients After Tax Deal Is Signed
February 26th, 2015
Swiss asset managers, faced with the prospect of an exodus of Italian funds, have won a reprieve. An agreement to share tax information among the two nations signed Monday means Italy will remove Switzerland from a black list, enabling ...
Switzerland, Italy Sign Landmark Double Tax Protocol
February 24th, 2015
Switzerland and Italy have signed a protocol to their double tax agreement (DTA) and a roadmap for tax cooperation – deals that the Swiss Government says will improve relations after years of controversy. The DTA protocol was initialed on ...
Greek finance minister’s letter to the Eurogroup
February 24th, 2015
Following is the text of Greek Finance Minister Yanis Varoufakis‘s letter to Eurogroup President Jeroen Dijsselbloem outlining Greece’s proposed reforms. “Dear President of the Eurogroup, In the Eurogroup of 20 February 2015 the Greek government was invited to present ...
Big Banks Face Scrutiny Over Pricing of Metals
February 24th, 2015
U.S. Justice Department investigates price-setting process for gold, silver, platinum and palladium U.S. officials are investigating at least 10 major banks for possible rigging of precious-metals markets, even though European regulators dropped a similar probe after finding no evidence ...
Barclays loses High Court battle with Grant Thornton
February 23rd, 2015
Judge rules in favour of Grant Thornton in High Court battle with Barclays over Von Essen Hotels Group audits BARCLAYS has lost its High Court spat with Grant Thornton over non-statutory audits for Von Essen Hotels Group (VEH). The legal ...
Nasdaq nears all-time highs as exuberance yields to reason
February 20th, 2015
As the technology-heavy Nasdaq Composite Index closes in on the all-time high it reached in March 2000, investors are facing a market that barely resembles the go-go era of 15 years ago. Valuations, as measured by what investors are willing to ...
Eurogroup: EU “Trojan Horses” and cracks in the wall
February 20th, 2015
Friday’s Eurogroup is expected to be a tough day of negotiation and a last chance for a “mutually beneficial” situation Finance Minister Yanis Varoufakis’ proposal for a six-month extension of its bailout facility was rejected by Germany that won’t ...
Investment Plan: Green light for SME financing before the summer
February 18th, 2015
Following a decision by the Board of Governors of the European Investment Bank (EIB) today, small and medium-sized companies (SMEs) across Europe should be able to benefit from the first funds from the new European Fund for Strategic Investments (EFSI) before ...
Baker & McKenzie Advises J.P. Morgan And Macquarie On Steadfast Group Limited’s $300 Million Equity Raising
February 17th, 2015
Baker & McKenzie has advised J.P. Morgan and Macquarie as joint lead managers of Steadfast Group Limited’s $300 million placement and accelerated non-renounceable entitlement offer to fund the acquisition of two underwriting and two broking businesses from ...
