Search Results for: OSC
Russian Ruble Falls After Tensions Flare Over Ukraine
January 26th, 2015
The Russian ruble fell sharply on opening on Monday, following a weekend of violence in eastern Ukraine and threats of further Western sanctions against Russia. At 10:55 the ruble was down 2.4 percent against the dollar at 65.82 and 2.4 percent weaker against the euro at 73.85. President Vladimir Putin blamed “criminal orders” by Ukrainian ...
Richest Russians Repatriate Assets After Putin Turns Tax Screw
January 20th, 2015
President Vladimir Putin is pushing harder on Russia’s richest citizens to repatriate offshore assets amid a slump in the ruble and the imposition of sanctions by the U.S. and the European Union. Under new tax rules signed into law ...
Euro-MPs back LuxLeaks tax probe
January 15th, 2015
European lawmakers backed an official probe into tax evasion Wednesday, a hot topic after the “Luxleaks” scandal that has embroiled EU commission head and former Luxembourg premier Jean-Claude Juncker. The Greens group said it had collected enough votes to ...
Bank of Russia Picks New Monetary Policy Chief as Ruble Plunges
January 15th, 2015
Russia’s central bank replaced its head of monetary policy after a series of emergency measures failed to contain the ruble’s decline, drawing criticism from President Vladimir Putin. Dmitry Tulin, a former central bank official who also worked at the International Monetary ...
Russian Assets Nearing Buying Range, Investment Adviser Says
January 14th, 2015
Russian assets are approaching levels where they would be attractive to buy, investment adviser Marc Faber — writer of the Gloom, Boom & Doom Report — said Tuesday. Western sanctions imposed over Moscow’s role in the Ukraine crisis and ...
London Stock Exchange Group signs Partnership Agreement with Borsa Istanbul
January 13th, 2015
London Stock Exchange Derivatives Market to offer trading in Turkish index and equity derivatives products Trades to be cleared by LCH.Clearnet FTSE and Borsa İstanbul to launch index partnership in 2015 London Stock Exchange Group (LSEG) today announces that ...
Russian Central Bank Spent $76.1 Billion Defending Ruble in 2014
January 12th, 2015
The Russian Central Bank’s net currency interventions in 2014 amounted to $76.13 billion and 5.41 billion euros, Interfax news agency reported Monday, citing Central Bank Data. Interventions in the month of December amounted to $11.9 billion. The bank intervened heavily last year as the ruble slumped because of international ...
29-Year-Old Russian Hedge Fund Founder Disappears With All The Firm’s Money
January 5th, 2015
The value of the ruble isn’t the only thing that is vanishing in Russia. A Moscow hedge fund chief executive has disappeared, along with all the money in the firm’s accounts. That’s according to a stunning feature in The ...
Equity Market liquidity support program to be extended to 2015
December 30th, 2014
Moscow Exchange extends its Equity Market liquidity support program to 2015. Following the consultations with market participants, the Exchange will not change quote maintenance conditions in January 2015 with regard to stocks from the program list as of 1 ...
Law Firms Awards
December 29th, 2014
MERGERMARKET EUROPEAN M&A AWARDS 2014 Top investment banks and law firms gathered at the Savoy Hotel in London, to recognise the achievements of Europe’s top dealmakers and reward innovative advisory work on some of the region’s most transformative deals ...
