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EBA: Consultation on Guidelines on sound remuneration policies

March 5th, 2015 (0)
The European Banking Authority (EBA) launched today a three-month public consultation on its Guidelines on sound remuneration policies. These draft Guidelines set out the governance process for implementing sound remuneration policies across the EU, as well as the specific ...

SFO launches investigation into Bank of England liquidity auctions

March 5th, 2015 (0)
It is unclear whether the Bank’s employees are suspected of involvement in any attempt to rig the auctions, used as emergency lending during the credit crisis   The Bank of England has, today, issued the following statement: “Following the ...

CYSEC Board Decision

March 5th, 2015 (0)
Following previous announcement dated February 18, 2015, the Cyprus Securities and Exchange Commission, following a decision in the meeting dated 2 March 2015, announces that the authorisation of the Cyprus Investment Firm ‘Pulp International Business Ltd’, with number 095/08, ...

Creditors maintain tough stance as Greece presents reforms

March 5th, 2015 (0)
As pressure builds on Greece to implement economic reforms in order to secure crucial rescue funding, the country’s representative to the Euro Working Group on Wednesday presented to his eurozone counterparts the six proposals Greece intends to make at ...

European Stimulus Sparks Bond Blitz

March 5th, 2015 (0)
French utility GDF is the first company in over 14 years to issue euro bonds bearing no regular payments for investors Investors snapped up a half-billion euros of French utility bonds that will pay them no interest, a groundbreaking ...

Draghi: Cyprus on track for early bailout exit

March 5th, 2015 (0)
Cyprus is on track to exit the adjustment programme before the original deadline of 2016, European Central Bank (ECB) president Mario Draghi said on Wednesday, something which he said was remarkable Draghi was speaking at an official dinner hosted ...

Thursday March 05: OSB Commodities & Equity Indices Cheat Sheet & Key Levels

March 5th, 2015 (0)
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for March 05. Gold Open 1203.80, High 1208.40, Low 1197.70, Close 1200.90, -0.29% Change. Silver Open 16.26, High 16.36… View table below

Asia stocks slip, euro hits 11-year low before ECB

March 5th, 2015 (0)
Asian stocks slipped on Thursday after Wall Street continued to pull back from record highs ahead of Friday’s closely-watched U.S. jobs data, while the nervous euro languished at an 11-year low prior to the European Central Bank‘s policy meeting. ...

Thursday March 05: OSB G10 Currency Pairs Cheat Sheet & Key Levels

March 5th, 2015 (0)
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for March 05. EURUSD Open 1.1175, High 1.1185, Low 1.1061, Close 1.1077, -0.87% Change. GRBUSD Open 1.5359, High 1.5371… View table below  

China lowers 2015 growth target to around 7%

March 5th, 2015 (0)
China targeted economic growth of approximately 7 percent in 2015, lower than the goal of around 7.5 percent in 2014, according to a government work report delivered by Premier Li Keqiang at the parliament’s annual session Thursday. The growth ...
Broker Cyprus TopFX