Search Results for: Vest Financial
PwC sells Brazilian Outsourcing Division to TMF
March 20th, 2015
Acquisition marks a significant step in the expansion of TMF Group’s operations in Latin America. TMF Group, a leading provider of high value Global Business Services to clients operating and investing internationally, has concluded the acquisition of Apriori, the ...
The Role of Securitization in Dealing with the Banking Problems
March 20th, 2015
One of the main problems that our banking sector is facing is obviously the incredibly excessive amount of non-performing loans (NPLs) on our banks’ balance sheets that reached almost 50% (about €28 billion) of their total loan portfolio! A ...
ESMA sees increased convergence in automated trading supervision
March 19th, 2015
The supervision of automated trading has become more convergent across the European Union (EU), a recent review by the European Securities and Markets Authority (ESMA) has found. ESMA reviewed how the 30 national competent authorities (NCAs) across the EU ...
Federal Reserve modifies stance on low interest rates
March 19th, 2015
The US Federal Reserve has modified its stance on interest rates, which have been kept at a record low of 0% since the financial crisis in 2008. It removed the word “patience” from its regular statement. The language was seen as ...
Commerzbank publishes 2014 Annual Report
March 18th, 2015
In the 2014 financial year Commerzbank attained an operating profit of EUR 684 million. The net profit of the Bank increased in the year under review to EUR 264 million, following on from EUR 81 million in the previous ...
Second largest Luxembourg AIFM chooses Linedata for Regulatory Reporting Solution
March 18th, 2015
Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that MUGC Lux Management S.A. (“MUGC LM”), the management company of Mitsubishi UFJ Global Custody S.A. (“MUGC”), both members of Mitsubishi ...
Standard Chartered Shares Jump as New CEO Winters Draws Upgrades
March 18th, 2015
Standard Chartered Plc rose the most in two weeks as analysts at Barclays Plc and Sanford C. Bernstein Ltd. upgraded the bank, citing Bill Winters’s hiring as chief executive officer and a diminishing need to raise capital. “We expect ...
Speech by Mario Draghi, President of the ECB at SZ Finance Day 2015
March 17th, 2015
Summary Europe needs to accelerate on its way to economic and institutional convergence. Due to falling oil prices, accommodative monetary policy and successful structural reforms, we can be optimistic about the economic outlook. The nascent recovery should be used ...
FCA bans former Rabobank trader, Paul Robson, following LIBOR fraud conviction
March 17th, 2015
The Financial Conduct Authority (FCA) has banned Paul Robson, a former trader at Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank) from the UK financial services industry for lacking honesty and integrity following a criminal conviction for fraud in the US. In ...
IG Group Holdings PLC: Third Quarter Trading Update
March 17th, 2015
IG Group, a global leader in online trading, today issues the following Trading Update for the three months to 28 February 2015, the third quarter of its 2015 financial year. The trends and figures highlighted below refer to this ...
