Search Results for: Vest Financial
Bank of England says UK economy to grow by 2.5% in 2015
May 13th, 2015
The Bank of England has cut its 2015 growth forecast from 2.9% to 2.5%, and for next year from 2.9% to 2.6%, as governor Mark Carney unveiled his quarterly inflation report. And he told MPs interest rates would rise ...
Intermediaries reminded full compliance with Know Your Client and account opening procedures
May 13th, 2015
The Securities and Futures Commission (SFC) today issued a Circular reminding intermediaries on the importance of appropriate account opening procedures for investors in and outside Hong Kong in order to fully comply with the Know Your Client (KYC) and ...
Guotai Junan Securities (Hong Kong) Limited goes live with Fidessa
May 13th, 2015
Selects advanced trading platform to benefit from expanded capabilities Fidessa group plc (LSE: FDSA) announced that Guotai Junan Securities (Hong Kong) Limited (“Guotai Junan”), the Hong Kong brokerage arm of one of China’s largest securities firms, has gone live ...
U.S. Set to Rip Up UBS Libor Accord, Seek Conviction
May 13th, 2015
The U.S. Justice Department is set to rip up its agreement not to prosecute UBS Group AG for rigging benchmark interest rates, according to a person familiar with the matter, taking a new step to hold banks accountable for ...
Top news of the day
May 12th, 2015
1. Greece made a repayment of 750 million euro to IMF. Progress is made but work needs to be done. The move came after a what seemed a rare good news day in terms of talks between Greece and its lenders ...
Greece clears IMF hurdle but don’t relax just yet
May 12th, 2015
With news that talks between Greece and its lenders are making slow but sure progress and Greece made a multi-million euro loan repayment to one of its lenders a day early, goodwill towards the country is hitting highs not ...
Gateley: Announcement of Intention to Float on AIM
May 12th, 2015
Gateley (Holdings) plc, a leading UK commercial law firm, today announces its intention to launch an initial public offering (“IPO”) and application for admission of its ordinary shares to trading on AIM (“Admission”). Cantor Fitzgerald Europe is acting as ...
Putin’s Next Takeover Target Is Oil Giant’s $34 Billion Cash Pile
May 12th, 2015
In Russia, even private companies serve at the pleasure of the president, particularly if they pump oil. A decade ago, Vladimir Putin’s allies had Mikhail Khodorkovsky jailed and seized his Yukos Oil Co. Last year, they forced billionaire Vladimir ...
China Adopts IMF Accounting Practice in Reserve-Currency Push
May 12th, 2015
China adopted the International Monetary Fund’s standards for its latest balance of payments data as the nation seeks to obtain reserve-currency status for the yuan. The changes, effective this year, include putting reserve assets under the financial rather than ...
ASIC cancels FX company’s licence
May 12th, 2015
Following an investigation, ASIC has cancelled the Australian financial services (AFS) licence of FX provider Rainbow Legend Group Pty Ltd (Rainbow Legend) for failing to comply with its obligations, including making false and misleading statements. The move is part ...
