Search Results for: London Capital Group
BGH subsidiary joins forces with Saxo Bank to extend trading capabilities
October 15th, 2015
Bank of Georgia Holdings PLC (“BGH” or the “Group”) announces that its wholly owned investment management subsidiary JSC Galt & Taggart (“Galt & Taggart” or the “Company”) has signed an agreement with Saxo Bank that will enable clients of ...
Citi dials down risky block trading amid market turmoil
October 13th, 2015
Over the summer, as the U.S. stock market wobbled and then plunged 4 percent in a day, Citigroup made a tough choice: to dial down risk-taking in the bank’s capital markets group. Phil Drury and Doug Adams, then co-heads ...
Proposed sale of Frank Russell company’s asset management business
October 12th, 2015
London Stock Exchange Group plc (“LSEG”) today announces that it has agreed the proposed sale of Frank Russell Company’s asset management business (“Russell Investments”) to TA Associates for gross proceeds of US$1,150 million (£752 million1) in cash, subject to ...
Big Banks, Serious Trouble
October 12th, 2015
It turns out that the world of ZIRP/NIRP isn’t the banking paradise that some thought it would be. See Why The Big Banks Want Higher Interest Rates. Whether the problem is with low interest rates themselves or the fact ...
Wake Up to U.K. Exit Risks, Banks Tell Investors as Polls Shift
October 6th, 2015
Societe Generale sees risk of U.K. leaving EU as high as 45% Europe threatens to overshadow Conservative Party conference Investors are being urged to tune into the looming political battle over the U.K.’s membership of the European Union amid signs ...
UBS Building Virtual Coin For Mainstream Banking
September 7th, 2015
Swiss bank UBS is working on a prototype virtual currency that it hopes will be used by banks and financial institutions as a basis to settle mainstream financial markets transactions. But unlike the bitcoin digital currency, the Swiss bank’s ...
Barclays set to become first UK high street bank to accept bitcoin
August 31st, 2015
Company set to partner with a ‘bitcoin exchange’ or spending platform Has two bitcoin ‘labs’ in London and has been collaborating with start-ups Bought with real money and traded online, a bitcoin is worth around $230 It can be ...
U.S. banks moved billions in trades beyond CFTC’s reach
August 24th, 2015
This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. “We saw strange things in the data,” said Chris ...
Optimal Payments complete the acquisition of Skrill
August 18th, 2015
Optimal Payments Plc (LSE AIM: OPAY) has issued a press release to inform that has completed the acquisition of Skrill. The Skrill Group is one of Europe’s leading digital payments businesses providing digital wallet solutions and online payment processing ...
Greek Senior Bank Bonds Fall on Dijsselbloem Bail-In Comment
August 17th, 2015
Senior bonds of Greek banks tumbled after Euro-area finance ministers protected depositors from any losses in the nation’s 86 billion-euro ($96 billion) bailout. Eurogroup President and Dutch Finance Minister Jeroen Dijsselbloem said on Friday depositors will be shielded from ...
