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Central Asian Countries among Top Improvers in Doing Business 2016 report
November 2nd, 2015
The World Bank Group hosted the regional launch of Doing Business 2016: Measuring Regulatory Quality and Efficiency in Central Asia. In this year’s report, Kazakhstan, the Kyrgyz Republic, Tajikistan and Uzbekistan, implemented a total of 14 reforms in 9 ...
Saudi Arabia reacts sharply to S&P downgrade of kingdom’s debt rating
November 2nd, 2015
Saudi Arabia yesterday reacted sharply to Standard & Poor’s move to downgrade the kingdom’s debt rating. The debt rating agency said it would downgrade Saudi Arabia’s long-term rating a notch, from AA- to A+ with “a negative outlook”, citing ...
KCG reports consolidated revenues of $377.0 million for the Third Quarter
November 2nd, 2015
KCG reports consolidated revenues of $377.0 million and pre-tax earnings of $35.4 million for the quarter KCG Holdings, Inc. (NYSE: KCG) today reported consolidated earnings of $21.9 million, or $0.24 per diluted share, for the third quarter of 2015. Included in ...
Daiwa Securities acquires approximately 9.6% of GMO CLICK
November 2nd, 2015
Daiwa Securities Group Inc. (“DSGI”) has issued an announcement to inform in relation of the acquisition of shares in GMO CLICK Holdings, Inc. The two companies have executed a memorandum as to Consideration of Business Collaboration . Circumstances and ...
Report on Financial Structures details structural changes in the euro area financial sector
October 30th, 2015
New ECB report covers banks as well as other financial intermediaries Banks, insurance companies and pension funds in largest euro area economies exposed primarily domestically Consolidation and rationalisation in the banking sector continued in 2014, and the median Tier ...
CME Group Inc. Reports Strong Third-Quarter 2015 Financial Results
October 29th, 2015
– Third-quarter 2015 revenues rose 12 percent to $850 million – Third-quarter 2015 adjusted net income of $344 million and adjusted diluted earnings per share of $1.02 both grew more than 20 percent(1) CME Group Inc. (NASDAQ: CME) today ...
Deutsche Bank reports third quarter 2015 net loss of EUR 6.0 billion after specific items
October 29th, 2015
Deutsche Bank has issued a press release today to report third quarter results. According to the report, Deutsche Bank reports for Q3 Net Loss of EUR 6.0 billion after specific items. Key developments Impact of specific items, largely non ...
PayPal Reports Strong Third Quarter Results
October 29th, 2015
Revenue of $2.3 billion and growth of 15%, foreign currency neutral revenue growth of 19% on a non-GAAP pro forma basis GAAP operating margin up 80 basis points to 15% and non-GAAP operating margin up 200 basis points on a pro ...
Playtech announces Q3 trading update
October 29th, 2015
Playtech has issued today a press release to announce its trading update for the third quarter of 2015 together with an update on trading to date in the fourth quarter. Strong performance from both the Gaming and Financials divisions ...
Middle-East private wealth to reach $7.2 trillion by 2018
October 29th, 2015
This is approximately a 3.6 per cent share of total global wealth The private wealth in the Middle-East region will reach $7.2 trillion by the end of 2018, according to a report. The report issued by the Boston Consulting ...
