Search Results for: Vest Financial
Deutsche Bank fined £227 million by FCA
April 23rd, 2015
The Financial Conduct Authority (FCA) has handed Deutsche Bank AG (Deutsche Bank) a £227 million ($340 million) fine, its largest ever for LIBOR and EURIBOR-related (collectively known as IBOR) misconduct. The fine is so large because Deutsche Bank also ...
What about the EU Single Market?
April 23rd, 2015
Discussions of the economic situation in Europe and the eurozone during the last few years have a heavy emphasis on government debt and central bank policy. But from the time when the Treaty of Rome back in 1957 created ...
ESMA consults on draft guidelines specifying criteria for the assessment of knowledge and competence in MiFID II
April 23rd, 2015
The European Securities and Markets Authority launched today a consultation on draft guidelines specifying criteria for the assessment of knowledge and competence of natural persons in investment firms that provide investment advice or information about financial instruments, investment services ...
Lifting potential growth in the euro area
April 23rd, 2015
Speech by Peter Praet, Member of the Executive Board of the ECB, at the Welt-Währungskonferenz Potential growth and monetary policy The euro area economy seems now to be turning the corner. Both the hard and soft data suggest that ...
MarketAxess Reports First Quarter 2015 Record Revenues
April 23rd, 2015
MarketAxess Reports First Quarter 2015 Record Revenues of $76.8 Million, Record Pre-Tax Income of $38.5 Million and Record Diluted EPS of $0.65 First Quarter Financial Highlights* Record revenues of $76.8 million, up 21.1% Record pre-tax income of $38.5 million, ...
FCA fines Merrill Lynch
April 22nd, 2015
FCA has issued a press release to inform that: Merrill Lynch International (MLI) has been fined £13,285,900 by the Financial Conduct Authority (FCA) for incorrectly reporting 35,034,810 transactions and failing to report another 121,387 transactions between November 2007 and ...
Central Bank of Germany issued April Monthly Report
April 22nd, 2015
Structural developments in the German banking sector The financial and sovereign debt crisis which has afflicted the euro area for more than seven years now has clearly left a mark on the financial market, having forced monetary policymakers to ...
Customers of Alpari (UK) Limited can now claim compensation
April 21st, 2015
The Financial Services Compensation Scheme (FSCS) can confirm that all investment products offered by Alpari (UK) Limited (Alpari) are FSCS protected. Claimants that have lost money due to the failure of Alpari will be able to apply for compensation ...
Signs the market is girding for a Greek default
April 21st, 2015
If the financial market is a good predictor, you’d better brace for a Greek default. Borrowing costs on Greece’s government bonds have rallied back to levels not seen since 2012, the cost of insuring against a default has surged ...
Mauritius Welcomes Removal From Italy’s Black List
April 20th, 2015
Following the entry into force of Italy’s Stability Law 2015 and the signing of a tax information exchange agreement, Mauritius has been removed from Italy’s tax transparency black list. Specifically, the change will allow Italians to deduct expenses incurred ...
