Search Results for: SIX
FCA proposes new measures to maintain firms’ focus on culture
September 29th, 2016
The Financial Conduct Authority (FCA) will mark six months since the implementation of the Senior Managers’ and Certification Regime by providing feedback on implementation so far and proposing measures to further strengthen the regime. The proposed rules will reinforce ...
U.S. dollar edges higher as traders await clarity on Fed rate hike path
September 29th, 2016
Dollar rises slightly vs euro, yen Traders await more U.S. data for clues on Fed rate hike path Reduced European banking concerns cap euro losses The dollar edged higher against the yen and euro on Wednesday, but gains were ...
Aussie near 3-week highs, kiwi steady after OPEC deal
September 29th, 2016
The Australian slid lower against its U.S. counterpart on Thursday, after hitting a three-week high earlier in the session, while the New Zealand dollar held steady following news an production cap deal was struck by major oil producers. AUD/USD fell ...
Dollar edges up from one-month low v.s. yen; euro nurses losses
September 28th, 2016
The dollar rose versus the yen on Wednesday, while the euro nursed its losses after retreating on concerns over the health of the European financial system. The dollar JPY= rose 0.2 percent to 100.69 yen, regaining some footing after ...
Luxembourg Launches World’s First Green Stock Exchange
September 27th, 2016
Today, less than six weeks before COP22 , the Luxembourg Stock Exchange (LuxSE) becomes the first stock exchange globally to introduce a platform for green financial instruments. Luxembourg Green Exchange (LGX) is for issuers who dedicate 100% of the raised funding to green ...
Ex-HBOS Bankers Accused of Getting Travel, Escorts in Fraud
September 27th, 2016
Defendants mismanaged troubled businesses for their own gain Participants used cash and high-class escorts as rewards Ex-HBOS Plc bankers accepted expensive gifts, luxurious foreign travel and high-class escorts to establish relationships that allowed co-conspirators to take control of troubled ...
The Reserve Bank of New Zealand announced the new Chair of the Board
September 27th, 2016
The Reserve Bank of New Zealand, New Zealand’s Central Bank, has issued an announcement to inform that Professor Neil Quigley has been elected Chair of the Reserve Bank’s Board of Directors, replacing Dr Rod Carr. Ms Kerrin Vautier has ...
Thailand’s leading commercial bank adopts Bloomberg’s multi-asset risk solution
September 26th, 2016
Bloomberg, the global business and financial information and news leader, today announced that Thanachart Bank, Thailand’s sixth largest bank by asset size, has selected Bloomberg’s multi-asset risk solution (MARS) for counterparty risk management. A subsidiary of Thanachart Group, Thanachart ...
Asian Stocks Rally With Won, Bonds After Fed as Crude Oil Gains
September 22nd, 2016
Kiwi weakens as central bank flags more easing; won jumps Iron ore, coking coal and steel prices surge in China Asian stocks rallied With European equity index futures and bonds after central banks including the Federal Reserve indicated monetary policies ...
The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent
September 20th, 2016
The pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China. Since the last financial crisis, there has been a credit boom in China that is really unprecedented in world ...
