Search Results for: banks
Greek banks: Recap offers are oversubscribed
November 19th, 2015
Greece: Banks National and Alpha are likely to announce the successful completion of their share capital increases on Thursday, following Eurobank’s announcement on Wednesday to the same effect, while Piraeus is keeping its book of offers open. It is ...
Saxo rolls out SaxoTraderGo to other banks and brokers
November 12th, 2015
Institutional build out to be bolstered through deeper white label partnerships Saxo Markets, the Institutional Division of Saxo Bank Group, continues to enhance its institutional credentials by making its next generation multi-asset trading platform, SaxoTraderGO, available to its white ...
‘Too big to fail’ Chinese banks face $400 billion capital call
November 11th, 2015
China‘s four biggest banks may have to raise up to $400 billion to meet new global capital rules, an onerous task that could pressure them to slow down lending at a time when Beijing wants them to help prop ...
Banks May Get Extra Time to Soften Up EU Financial-Market Rules
November 11th, 2015
European Commission considers postponing MiFID II start date Delay isn’t set in stone, European Parliament’s Ferber says Financial companies pushing back against Europe’s post-crisis market rule book for the past five years may get more time to chip away ...
Major Global Banks announced their results for 3Q 2015
November 4th, 2015
HSBC, Credit Suisse, Commerzbank, BNP Paribas and Barclays have issued statements to inform public and investors for their results regarding the 3rd Quarter of 2015. HSBC Holdings plc 3Q 2015 Earnings Release Highlights Reported PBT up 32% in 3Q15 ...
India: People can deposit their gold in banks and earn interest on it
October 29th, 2015
Attention, Indians! Your gold will soon earn money for you Earlier in the week, the RBI issued norms for implementation of the gold monetisation scheme, under which customers can deposit their gold in banks and earn interest on it. ...
ACCC investigating banks’ closure of bitcoin companies’ accounts
October 20th, 2015
The Australian Competition and Consumer Commission is investigating why Australian banks are closing the accounts of bitcoin businesses, amid concerns banks are colluding to block emerging competitors. ACCC chairman Rod Sims told The Australian Financial Review the investigation was ...
Big Banks, Serious Trouble
October 12th, 2015
It turns out that the world of ZIRP/NIRP isn’t the banking paradise that some thought it would be. See Why The Big Banks Want Higher Interest Rates. Whether the problem is with low interest rates themselves or the fact ...
Australian Banks Close Bitcoin Exchange Accounts
October 7th, 2015
Banks and businesses in Australia are shunning virtual currency Bitcoin. Thirteen leading banks have simultaneously frozen or closed Bitcoin exchange current accounts effectively closing off the banking system to users of the currency. Businesses have also turned their backs ...
Wake Up to U.K. Exit Risks, Banks Tell Investors as Polls Shift
October 6th, 2015
Societe Generale sees risk of U.K. leaving EU as high as 45% Europe threatens to overshadow Conservative Party conference Investors are being urged to tune into the looming political battle over the U.K.’s membership of the European Union amid signs ...
