Search Results for: MoU
Standard Chartered seeks £3.3bn from shareholders
November 4th, 2015
Bank posts first loss in years, and says it will cut 15,000 jobs and withdraw from riskier lending Standard Chartered is asking shareholders to stump up £3.3bn while axing 15,000 jobs after reporting its first quarterly loss in 15 years. ...
Snapshots of Well-Being Across High-Income Countries
November 4th, 2015
Well-being is a multidimensional concept, for countries as well as for individuals. Thus, in the recent OECD report “How’s Life 2015: Measuring Well-Being,” the emphasis goes well beyond basic one-dimensional measures of well-being like per capita GDP and offers comparisons ...
Worldline to join forces with Equens to strengthen its pan-European leadership in payment services
November 4th, 2015
A transformational deal for Worldline, providing the enlarged Worldline Group a highly comprehensive pan-European footprint, with leading positions and offerings in key geographies (France, Belgium, the Netherlands, Germany, Italy, the Nordics). A transaction structured in two components: An asset/share deal in Financial Processing, by merging the processing ...
BaFin and the SEC: An international comparison of supervisory practice
November 3rd, 2015
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) is often compared to the U.S. Securities and Exchange Commission (SEC) in the media and by the public. The SEC is frequently perceived as the more powerful authority, in ...
Turkish lira and stock market jump after election result
November 3rd, 2015
The Turkish lira and the Istanbul stock market rose sharply on Monday after the surprise win by the ruling Justice and Development Party (AKP) on Sunday. The lira was up almost 4% against the US dollar to 2.8 in ...
Oil Price Paradox: Gasoline Could Be Even Cheaper
November 3rd, 2015
The price of gasoline is declining more slowly than oil, illustrating how consumers aren’t fully benefiting from falling commodities prices. Typically, gas prices go up and down in tandem with crude oil, the main ingredient. But recently, oil prices ...
Visa Inc. to Acquire Visa Europe
November 2nd, 2015
Further to the released published today: Visa To Keep UK Presence After BoE Steps In, the company has just announced a definitive agreement for Visa Inc. to acquire Visa Europe. Strategic Acquisition to Create One Global Company That Further Extends Visa’s ...
Mario Draghi Interview: We must propose a way forward to Europeans
November 2nd, 2015
Interview with Il Sole 24 Ore Interview with Mario Draghi, President of the ECB, conducted by Alessandro Merli and Roberto Napoletano, published on 31 October 2015 President Draghi, in Malta last week, you stressed the downside risks for both ...
Greece: Recap won’t be enough for credit sector
November 2nd, 2015
The Greek economy will have to grow at satisfactory rates for many years to recoup the severe output loss recorded during the 2008-15 period, and perhaps 2016 too. This is not likely to happen if the private sector is ...
FXPRIMUS announces the appointment of Marshall Gittler as Head of Investment Research
November 2nd, 2015
FXPRIMUS has announced the appointment of renowned financial analyst Marshall Gittler, as the new Head of Investment Research. As part of this new appointment, he will be utilizing the most cutting edge media, web and print channels to disseminate his own unique ...