Search Results for: PRA
Royal Bank of Scotland announces Updates to the Market and Banco Santander publishes 2015 Results
January 27th, 2016
The Royal Bank of Scotland Group plc (“RBS” or “the Group”) today announces a series of updates to the market: 1. Developments during 2015, in particular publication by the International Accounting Standards Board of its exposure draft of amendments ...
Allen & Overy ranked in Global Elite for antitrust and competition
January 27th, 2016
Allen & Overy has been included in the GCR Global Elite, an independent guide to the top 25 competition practices in the world, at number six in the ranking. Published by Global Competition Review, the Global Elite is part ...
Greece Is First EU Country Out Of The Gate To Buy Iranian Oil
January 27th, 2016
Greece, once a leading European customer of Iranian oil before the imposition of Western sanctions in 2012, will be the first European country to resume buying Iranian crude now that the sanctions have been lifted. The country’s biggest oil ...
UBS selects Markit for index administration
January 26th, 2016
Markit today announced that it has been engaged to administer and calculate UBS Investment Bank’s investible indices. Xavier de la Porte du Theil, head of Investment Strategies Structuring at UBS, said: “We are very pleased to be able to ...
How China’s Plans to Launch Its Own Currency Might Affect Bitcoin
January 26th, 2016
China’s central bank, the People’s Bank of China (PBOC) has revealed that it is in discussions to launch its own digital currency. What does this mean for Bitcoin? A statement by the PBOC about issuing its own digital currency is making its way ...
Andrew Bailey appointed as new Chief Executive of the FCA
January 26th, 2016
HM Treasury have today announced the appointment of Andrew Bailey as the new permanent Chief Executive of the Financial Conduct Authority (FCA). Andrew is currently the Deputy Governor for Prudential Regulation at the Bank of England and Chief Executive ...
OPEC, Russia talk of oil teamwork, but Saudi talks of investment
January 26th, 2016
Senior OPEC and Russian oil industry officials stepped up vague talk on Monday of possible joint action to remedy one of the worst supply gluts in decades, while Saudi Arabia signaled its resolve to allow the market to balance ...
How domestic economic strength can prevail over global weakness
January 26th, 2016
Find below the Keynote speech by Mario Draghi, President of the ECB, at the Deutsche Börse Group New Year’s reception 2016, Eschborn, 25 January 2016 Thank you, Mr Faber, for your very kind introduction. And let me start by ...
P2P lender seeks 100 law firms for first panel
January 25th, 2016
A peer-to-peer lender created by the owners of a Cornish law firm is looking for high street practices to join what it says is the first legal panel in the fast-growing alternative finance sector. Folk2Folk was co-founded by two ...
Europe’s big banks remain wary of doing business with Iran
January 25th, 2016
Sanctions have been lifted but uncertainty over US authorities’ stance means banks are reluctant to handle payments A week after the lifting of sanctions against Iran, major European banks are still reluctant to handle Iranian payments as they remain wary of ...
