Search Results for: MoU
Israel issues largest ever Euro Bond offering on London Stock Exchange
January 18th, 2017
Israel’s €2.25 billion 10 & 20 year government bonds start trading on London Stock Exchange today First non-European sovereign to issue a euro-denominated bond in 20 year tenor Euro-denominated debt listing is the first for Israel in three years ...
CySec imposed more than €1,9 million in Administrative Fines on Investment firms in 2016
January 18th, 2017
The Cyprus Securities and Exchange Commission (CySec) has imposed the total of €1,911 million of fines on Cyprus Investment Firms in 2016. In this amount is included a settlement made between CySec and a CIF. The biggest fines were ...
$25 trillion investment needed to meet future oil demand
January 18th, 2017
The world needs to invest $25 trillion in new oil-producing capacity over the next 25 years to meet growing demand, Saudi Aramco’s chief executive Amin Nasser said at the World Economic Forum in Davos on Tuesday. According to the ...
Deutsche Bank Agrees to Pay $7.2 Billion
January 18th, 2017
Deutsche Bank Agrees to Pay $7.2 Billion for Misleading Investors in its Sale of Residential Mortgage-Backed Securities Deutsche Bank’s Conduct Contributed to the 2008 Financial Crisis The Justice Department, along with federal partners, announced today a $7.2 billion settlement ...
GMO CLICK published Monthly Report of Operating Revenue for December 2016
January 17th, 2017
GMO CLICK has issued today an announcement to make publish its December 2016 Monthly Report of Operating Revenue According the release, GMO CLICK reports the following monthly preliminary report of consolidated operating revenue for December 2016. Preliminary figures described ...
PEGAS achieves record results in 2016
January 17th, 2017
PEGAS, the pan-European gas trading platform operated by Powernext, recorded its best annual traded volume with a total of 1,733.3 TWh traded in 2016. This represents an increase of 69% compared to 2015 (1,024.8 TWh). This development was achieved ...
7 Major European Banks Form Blockchain Platform ‘Digital Trade Chain’
January 16th, 2017
A group of seven large European banks has signed a memorandum of understanding (MoU) to develop a blockchain-powered cross-border trade finance platform for small and medium-sized companies in Europe. The participating banks are UK-based banking giant HSBC, Dutch institution ...
South Korea prosecutor seeks arrest of Samsung boss
January 16th, 2017
Prosecutors are seeking a warrant to arrest Samsung Group’s Jay Y. Lee for allegations including bribery and embezzlement, a stunning turn for the scion of South Korea’s richest family groomed for decades to take over the company from his ...
The Path to $10,000 Bitcoin
January 16th, 2017
So let’s imagine a scenario in which tens of trillions of at-risk wealth suddenly seek an alternative–any alternative to staying in an asset class that’s circling the drain. As my colleague Davefairtex observed recently, the paint isn’t quite dry ...
Morgan Stanley to pay a $13 million penalty
January 16th, 2017
The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney has agreed to pay a $13 million penalty to settle charges that it overbilled investment advisory clients due to coding and other billing system errors. The firm ...
