Search Results for: euro area
EBA consults on its guidance for the use of cloud computing
May 19th, 2017
The European Banking Authority (EBA) launched today a consultation setting out its guidance for the use of cloud service providers by financial institutions. The EBA Recommendations intend to clarify the EU-wide supervisory expectations if institutions intend to adopt cloud ...
Update on Brexit
May 14th, 2017
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced ...
Crude’s rally took the price of a barrel back above $48 in New York
May 12th, 2017
Retailers slump on Macy’s results as bonds, gold advance Crude sustains momentum in wake of U.S. stockpile data U.S. stocks fell from records, though losses eased in afternoon trading as crude’s rally took the price of a barrel back ...
Emmanuel Macron has pledged to reduce taxation on companies to 25 percent
May 10th, 2017
Emmanuel Macron, France’s president-in-waiting after a resounding poll victory Sunday, campaigned on a platform that combined unstinting support for the EU with tax cuts for business and a pledge to maintain the country’s social safety net. Following are key ...
CBOE Holdings Reports First-Quarter 2017 Results
May 10th, 2017
First-Quarter 2017 Highlights GAAP Revenue Less Cost of Revenue of $193.4 Million, up 35 Percent, Reflects the Bats Acquisition Organic Net Revenue of $154.2 Million, up 8 Percent, Driven by Increased Trading in VIX Futures and SPX Options(1),(2) GAAP ...
EU tax rules are not currently prepared for the digital economy
May 9th, 2017
European tax rules are not currently prepared for the digital economy. They need to be adapted to reality in order to offer the people of Europe a more prosperous future. This was the main message of the European Economic ...
Interview with Eurex Clearing AG CEO, Eric Müller
May 3rd, 2017
“We work on delivering attractive and efficient solutions:” Interview with Eurex Clearing AG CEO, Eric Müller The IOMA conference brings together the leaders of the clearing and derivatives industry each year, to debate the themes impacting the sector. As ...
End of empire
April 30th, 2017
“Already, China dominates world trade. Her own economy is already significantly larger than that of the US on the PPP estimates. While being the largest consumer of raw materials, China also exports more finished goods by value than any ...
Global stocks are near a record high
April 28th, 2017
MSCI Asia Pacific Index set for fourth straight monthly gain Investors assess global earnings before U.S. GDP report Asian equities retreated, trimming a fourth straight monthly gain for the regional benchmark index, as geopolitical concerns intensified and investors assessed ...
EUR 230 million worth of fake food and beverages seized in global operation; case by country
April 27th, 2017
Operation OPSON VI, the joint Europol-INTERPOL operation targeting counterfeit and substandard food and drink, as well as the organised crime networks behind this illicit trade, has resulted in the seizure of 9 800 tonnes, over 26.4 million litres, and ...
