Search Results for: World Bank
Barclays to Pay $400 Million Penalty to Settle CFTC Charges
May 21st, 2015
CFTC Also Took Action Today Against Barclays and its Affiliates for Attempted Manipulation and False Reporting of the ISDAFIX Benchmark, an Interest Rate Benchmark — the First Enforcement Action Addressing Abuse of ISDAFIX Barclays Has Now Been Subject to ...
OPEC Struggling To Keep Up The Pace In Oil Price War
May 21st, 2015
Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil in the second half of this year. CA recently noted ...
Top news of the day, May 20
May 20th, 2015
1. As Greek government officials expressed their confidence that a deal with the country’s creditors is close, top European officials indicated Tuesday that although there has been progress in negotiations, an agreement is unlikely before the end of the ...
CRYEX to establish crypto currency exchange and clearinghouse using turnkey solutions from Cinnober
May 19th, 2015
A new start-up in digital currency, CRYEX, has made its entrance on the financial stage. The company announced recently that it has filed an application with the Swedish Financial Supervisory Authority (Finansinspektionen) to become one of the world’s first regulated ...
Bitcoin trading launches on Nasdaq Stockholm exchange
May 18th, 2015
The world’s first bitcoin-based security available on a regulated exchange has launched on Sweden’s Nasdaq. Bitcoin Tracker One, developed by Stockholm-based firm XBT Provider, is an Exchange Traded Note (ETN) that allows traders to invest in bitcoin and access the returns ...
No Money, No Growth
May 18th, 2015
Last August, the US Fed stopped creating new currency out of thin air and dumping it into the banking system. Which is another way of saying the US money supply stopped growing. Here’s the adjusted monetary base — a ...
Corporate Counsel Middle East Awards: Winners 2015
May 18th, 2015
Corporate Counsel Middle East Awards have firmly established themselves as a highlight of the region’s legal calendar. The awards, which are now in their fourth year, celebrate legal excellence in the Middle East and are open to in-house legal ...
Barclays to settle £2bn forex case
May 18th, 2015
BARCLAYS Bank is closing in on a major £2bn settlement with regulators around the world, drawing to a close its role in the deeply damaging foreign exchange markets rigging scandal. The bank, whose chief executive is Antony Jenkins, is attempting ...
Asian shares uneven as China data tempers lift from US rally
May 15th, 2015
Shares in Asia were uneven on Friday as the big markets in Japan and Hong Kong got a lift from the rebound on Wall Street, but weak data dragged Chinese shares lower. KEEPING SCORE: Japan’s Nikkei 225 stock index ...
Iran’s markets opening up for Australia
May 14th, 2015
Bishop’s Tehran visit a sign of things to come Julie Bishop’s recent visit to Iran – the first by an Australian foreign minister in over a decade – marks an important step in the development of relations between the ...
