Search Results for: euro
Orwell chooses Interoute’s secured PCI DSS infrastructure to host its revolutionary cross border online current account
May 7th, 2015
ipagoo extends beyond national boundaries and provides the world’s first truly cross border service Interoute, owner and operator of Europe’s largest cloud services platform, has announced that it has been chosen by Orwell, a pan-European financial services group, to ...
Banks Expected to Settle FX Probes for Billions
May 7th, 2015
Citigroup Inc., Barclays PLC, J.P. Morgan Chase & Co. and Royal Bank of Scotland Group are expected to plead guilty to rigging foreign-currency exchange rates and pay billions in combined penalties. Four big banks are expected to plead guilty ...
ACPR and AMF warn the public against unauthorized websites and entities proposing Forex investments
May 7th, 2015
The Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) are publishing a new updated list of websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without ...
ESMA releases final guidelines clarifying the definition of commodity derivatives under MiFID I
May 7th, 2015
The European Securities and Markets Authority (ESMA) today published guidelines on the Markets in Financial Instruments Directive (MiFID) I. The purpose of these guidelines is to provide a common, uniform and consistent application of the definitions of commodity derivatives ...
Greek Prime Minister concession keeps ELA alive
May 7th, 2015
ECB increases pressure on government for agreement, but offers another 2 bln euros in cash to local banks The European Central Bank is putting extra pressure on Athens for the completion of an agreement with creditors, pegging the maintenance ...
Yuan gains credibility as reserve currency
May 7th, 2015
France’s Credit Agricole Private Banking is advising its clients to add the Chinese yuan to their portfolios as the world’s second-largest economy looks to further liberalise its currency. High net worth individuals in the Arabian Gulf region should consider ...
Dollar struggles on soft data, sterling awaits election
May 7th, 2015
Dollar index hits two-month lows Euro breaks above $1.13 for the first time since late Feb Sterling on defensive for UK elections Aussie up slightly after fall on local job data The dollar languished near its lowest levels ...
Greece makes IMF payment but hopes of quick deal dashed
May 6th, 2015
Greece made a small interest payment to the International Monetary Fund on Wednesday but European lenders dashed hopes for a cash-for-reforms deal before a more crucial, bigger installment Athens must pay next week. Leftist Prime Minister Alexis Tsipras‘ government ...
BofA Paying $315 Million to Settle With BNP, Deutsche Bank
May 6th, 2015
Bank of America Corp. agreed in March to pay a combined total of $315 million to settle lawsuits with Deutsche Bank AG and BNP Paribas Mortgage Corp. related to fraud losses at failed lender Taylor Bean & Whitaker Mortgage ...
Demand soars for lawyers in Hong Kong and Singapore
May 6th, 2015
Legal and compliance jobs top the list, according to the Robert Walters Asia Job Index. Data for Q1 shows legal and compliance job advertising growing 38 per cent, year on year, in Hong Kong and 30 per cent in ...
