Search Results for: banks
Cypriot police quiz HSBC officials
January 12th, 2016
A police official says state prosecutors seeking to bring controversial banker Andreas Vgenopoulos to Cyprus to answer criminal charges are now chewing over their next move after questioning several officials of HSBC in London. CID investigators had flown to ...
Markit to acquire Loan/SERV service
January 12th, 2016
Markit, announced it has agreed to acquire the position reconciliation technology assets of DTCC Loan/SERV LLC (Loan/SERV), a subsidiary of The Depository Trust & Clearing Corporation (DTCC). Nearly 400 asset managers representing approximately 6,000 funds in the global syndicated ...
Russian watchdog to inspect Microsoft, McDonald’s for compliance with personal data law
January 12th, 2016
The regulator plans to hold over 1,000 scheduled inspections of compliance with the law on keeping of Russian users’ personal data on servers in Russia Central Federal District Department of the Russian IT and communications regulator will inspect a ...
U.S. Supreme Court rejects former UBS executives’ appeals
January 12th, 2016
The U.S. Supreme Court on Monday declined to hear an appeal filed by three former executives of Swiss global investment bank UBS AG (UBSG.VX) convicted of conspiring to deceive U.S. cities and towns by rigging bids to invest municipal ...
Asia markets close lower, Nikkei 225 slips 2.71%
January 12th, 2016
Asia’s major markets closed mostly lower, with investor sentiment in the region remaining fragile as oil prices continued to slide and China concerns weighed. The Australian market erased its morning gains to slip into negative territory, with the main ASX ...
FXCM and PFSOFT Announce New Partnership
January 11th, 2016
FXCM announced its partnership with PFSOFT, a developer of professional trading software for banks, prime brokers and retail brokers. FXCM will provide trade execution and market data to the PFSOFT Protrader multi-asset solution through FIX API. Striving to create ...
Egyptian central bank outlines plan to help small firms
January 11th, 2016
Egypt’s central bank on Sunday issued guidelines on how it will incentivise banks to participate in a “comprehensive programme” to help finance small- and medium-sized enterprises in the latest move to try and create jobs and support its battered ...
ICBC Standard Bank buys Deutsche’s London bullion vault – sources
January 11th, 2016
ICBC Standard Bank growing bullion footprint Chinese-South African lender looking to become bullion clearer ICBC Standard Bank is buying the lease on Deutsche Bank’s London gold and silver vault, enlarging its footprint in the city’s bullion market, four industry ...
Euribor trial: 11 former Barclays, Deutsche Bank and Societe Generale employees set for first court appearance over rate fixing allegations
January 11th, 2016
Nearly a dozen people accused of manipulating a key rate of lending between European banks are due to make their first appearances in court this week in the latest of several rate rigging prosecutions brought by the Serious Fraud Office. 11 former employees of Barclays, Deutsche Bank and Societe ...
The Challenges for the Cypriot Economy for 2016
January 11th, 2016
Assessing the current state of the Cypriot economy one could say that the year 2015 was undoubtedly another difficult year with several problems still remaining unresolved. One could also though add a positive note, that it was the year ...
