Search Results for: euro area
Dirty Dealing: China and International Money Laundering
July 13th, 2015
In the midst of turmoil in the Chinese stock markets, one serious problem that may appear is increased currency outflows created by current and potential investors who would rather move their assets to foreign countries viewed as safer havens. Money laundering should be under close surveillance. ...
Visa: Bitcoin Has a Future in Payments
July 10th, 2015
Large existing payments companies are “lowering the drawbridges” and working more openly with new players in the space, according to a Visa executive. Jonathan Vaux, executive director of new digital payments and strategy at Visa Europe, was speaking at WIRED Money, held ...
ICAP announces further investment in AcadiaSoft
July 8th, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has made a further investment in AcadiaSoft, Inc, a provider of electronic margining for over the counter (OTC) ...
EY promotes 753 new partners worldwide
July 2nd, 2015
Ernst & Young (EY) today announced the promotion of 753 of its people to partner, its largest increase since 2008 and a 12% increase over 2014. This year, EY added a record number of women to its ranks of ...
Bundesbank announcement of the basic rate of interest as of 1 July 2015
July 1st, 2015
The Deutsche Bundesbank calculates the basic rate of interest pursuant to section 247 (1) of the German Civil Code (Bürgerliches Gesetzbuch) and publishes its current level in the Federal Gazette (Bundesanzeiger) pursuant to section 247 (2) of the German Civil Code. The basic ...
Swiss National Bank President Thomas Jordan confirmed on Monday that the central bank intervened in markets overnight
June 29th, 2015
Swiss Step Into Currency Market as Greece Adds to SNB’s Woes Greece’s decision to effectively call a public vote on its euro-area membership is one more blow for Switzerland, the country where overwhelming demand for its currency is pushing ...
On Monday, It’s China Versus Greece
June 29th, 2015
Fear and greed are both getting a serious workout lately, but Monday will be even more fun than usual because of two big stories that hit over the weekend. First, Greece decided to put the draconian demands of its ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Crisis talks on Greece to stretch into the weekend
June 26th, 2015
After yet another inconclusive Eurogroup in Brussels Thursday, finance ministers agreed that more talks were required to bridge enduring gaps between Greece and its creditors with another Eurogroup to be held over the weekend, most likely on Saturday. Greek ...
Quantitative Easing in 5 key questions
June 25th, 2015
On January 22, 2015, the European Central Bank (ECB) president Mario Draghi launched the institution’s Quantitative Easing (QE) program. QE is an exceptional measure, taken when traditional means of stimulating activity and growth prove ineffective. Learn more about the concept via five ...
