Search Results for: financial institutions
Cloud demonstrates a silver lining for Financial Services organisations looking to improve supply chain collaboration
May 20th, 2015
A shift in thinking across the financial services sector, embracing the advantages of private cloud software delivery, has seen leading eProcurement software provider Wax Digital pick up six new clients in the sector in the last six months, including ...
Financial transaction tax unlikely before 2017-Austria finmin
May 12th, 2015
Europe is unlikely to impose a financial transaction tax before 2017, not in 2016 as earlier planned, Austrian Finance Minister Hans Joerg Schelling told Reuters. The tax, first proposed in the 1970s to penalise currency speculators, was seized on ...
Federal Reserve System publishes annual financial statements
March 23rd, 2015
The Federal Reserve System on Friday released the 2014 combined annual financial statements for the Federal Reserve Banks, as well as statements for the 12 individual Federal Reserve Banks, Maiden Lane LLC, and the Board of Governors. These ...
Reserve Bank of Australia (RBA): Financial Aggregates
February 27th, 2015
The table below presents a summary of the latest financial aggregates statistics. All growth rates for the financial aggregates are seasonally adjusted, and adjusted for the effects of breaks in the series as recorded in the notes to the ...
China: Anti-graft drive hits financial sector
February 4th, 2015
Apparent probes into executives at two Chinese banks have been interpreted as a sign that China’s anti-corruption drive is broadening, exerting pressure on banks to clean up their acts. Bank of Beijing Board Director Lu Haijun is under investigation ...
IFRS improves cross-border financial communication – consistency is key
February 2nd, 2015
With debate around the rationale for global accounting standards continuing throughout 2014, there is still concern expressed about the use of International Financial Reporting Standards (IFRS), with some policymakers around the world preferring a less committal form of global ...
PwC: Creating winning culture essential if financial services firms are to flourish
January 29th, 2015
Cultural change in the financial services sector globally is destined to fail if players continue to focus on it primarily as a compliance requirement, according to a paper just published by PwC. The paper, ‘Forging a winning culture’, which ...
Fresh progress in China-Switzerland financial cooperation
January 22nd, 2015
The Swiss National Bank (SNB) and the People’s Bank of China (PBC) signed, yesterday Jan 21 2015, the Memorandum of Understanding on the establishment of RMB Clearing Arrangements in Switzerland, and the PBC decided to extend the pilot scheme of ...
Jones Trading Selects Speakerbus’ voice collaboration solutions for financial trading
January 13th, 2015
Speakerbus, a specialist provider of voice collaboration solutions for financial trading, today announces Jones Trading, one of the most preeminent securities firms in the U.S, as a new customer of its iSeries solution to deliver an enterprise-wide hoot ‘n’ ...
Acquisition of real-time foreign exchange solutions provider by Broadridge Financial Solutions
January 5th, 2015
Broadridge Financial Solutions, Inc. (NYSE:BR) has acquired TwoFour Systems LLC, a provider of real-time foreign exchange solutions for banks and broker-dealers, to address the rising demand for advanced FX and cash management technology among financial institutions. TwoFour Systems LLC ...