Search Results for: equity markets
Peugeot owner to buy Open-Vauxhall creating Europe’s second-largest carmaker
March 6th, 2017
Establishes PSA Group as #2 in Europe. This strong and balanced presence in its home markets will serve as the basis of profitable growth worldwide Joint venture in auto financing with BNP Paribas to support development of Opel/Vauxhall brands ...
First Global Fintech Fund for the Underserved
March 6th, 2017
The Accion Frontier Inclusion Fund, managed by Quona Capital, invests in companies that innovate to expand access to financial services to underserved consumers and businesses in emerging markets Three billion people around the world are underserved by the financial ...
Moscow Exchange reports total trading volume of RUB 63.9 trln in February 2017
March 3rd, 2017
In February 2017, total trading volume across Moscow Exchange”s markets was RUB 63.9 trln. The Equity and Bond Market posted the strongest growth (+34.7%) during the month, with bond trading volumes rising by 77.4%. Money Market trading volumes also ...
Investment in Australian fintech reached a record level
March 2nd, 2017
Investment in Australian fintech reached a record $656 million in 2016, more than triple the $185 million invested in 2015, according to a report by professional services firm KPMG. This equates to an annual average growth rate of around ...
Institutional Investors Shift Trading Desk Spending to Technology and Fixed Income
March 1st, 2017
Institutional investors in 2016 increased budgets to fixed-income trading desks in preparation for shifts in the interest-rate environment, and continued to ramp up IT budgets to keep pace with the dramatic changes technology is triggering in financial markets around ...
Unauthorised financial services companies around the world are reported
February 23rd, 2017
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Spain (Comisión Nacional del Mercado de Valores – CNMV), Ireland (Central Bank of Ireland), Austria (Financial Market Authority – FMA), Switzerland (Swiss Financial Market Supervisory Authority – ...
STOXX Expands Fixed Income Offering
February 22nd, 2017
STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today introduced the EURO STOXX 50 Corporate Bond Sector, Rating and Maturity Bucket Sub-Indices. They expand the EURO STOXX ...
Bitcoin prices touch fresh 3-year high
February 22nd, 2017
The price of a single bitcoin leapt to its highest level in more than three years on Tuesday, as traders bought up coins in anticipation of the Securities and Exchange Commission’s ruling on a proposed bitcoin exchange-traded fund. One ...
Nasdaq and Borse Dubai Sign Landmark Market Technology Deal
February 21st, 2017
Borse Dubai will overhaul trading and post-trade technology of Dubai Financial Market, paving the way for various market enhancements including CCP clearing Nasdaq, Inc. (Nasdaq:NDAQ) and Borse Dubai today announced a new landmark agreement to bolster the technological infrastructure of Dubai’s stock ...
HSBC announced 2016 Results; $1.0bn share buy-back
February 21st, 2017
Strategic execution Completed a $2.5bn share buy-back following the sale of the Brazil business Further reduced our risk-weighted assets (‘RWAs’) during 2016 by $143bn as a result of extensive management actions, including the sale of operations in Brazil Generated ...
