Search Results for: financial markets
Li backs firms’ global vision
April 6th, 2015
China is to pilot the removal of preconditioned government approval for offshore corporate bonds, part of a national arrangement to lower the financing cost of enterprises expanding overseas. The move, along with the government’s efforts to speed up the ...
Citibank Seen as Target for Plea in U.S. Currency Case
April 3rd, 2015
The U.S. Department of Justice is pressing for Citigroup Inc.’s main banking subsidiary to plead guilty to a felony tied to the rigging of foreign-exchange markets, according to two people briefed on the matter. Citigroup has countered with an ...
Playtech forays into FX trading market with $224 million buy
April 2nd, 2015
Gambling technology company Playtech (PTEC.L) is set to enter the forex trading market after agreeing a deal to buy a majority stake in TradeFX for 208 million euros ($224 million). Playtech provides software used in sports betting and online ...
Chinese investors trade way more often than Americans
April 2nd, 2015
One of the easiest ways to mess up your investment portfolio is by tinkering with it too much. That’s when pesky fees and human error tend to drag down performance. Unless you get super lucky, this common mistake can ...
Banks Are Poised to Profit From Forex Tumult
April 2nd, 2015
Swiss central bank’s surprise January move led to volatility that can help Wall Street The big currency swings of the past three months have whipsawed many investors. Wall Street may end up loving the action. As U.S. banks closed ...
Deutsche Börse and China Construction Bank agree strategic partnership
March 31st, 2015
Deutsche Börse: Deutsche Börse Group and China Construction Bank (CCB) have entered into a strategic partnership and have signed an agreement. Deutsche Börse Group is a leading global provider of financial market infrastructure services and is based in the European ...
FINRA Sanctions Three Firms for Inadequate Supervision of Consolidated Reports
March 31st, 2015
The Financial Industry Regulatory Authority (FINRA) announced today that it has sanctioned three firms – H. Beck, Inc., LaSalle St. Securities, LLC, and J.P. Turner & Company, LLC – with fines of $425,000, $175,000 and $100,000, respectively, for inadequate ...
SGX welcomes UOB Bullion and Futures as Securities Trading Member
March 30th, 2015
Singapore Exchange (SGX) is pleased to welcome UOB Bullion and Futures Limited (UOBBF) as a Trading Member of its securities market. Chew Sutat, Head of Sales and Clients, SGX, said, “As we continue to encourage growth and participation in ...
Bank of England publishes details of 2015 stress test for largest UK banks and building societies
March 30th, 2015
Today, the Bank of England is publishing the scenario for the 2015 stress test, which will be applied to the largest UK banks and building societies. The scenario has been agreed by the Financial Policy Committee (FPC) and Prudential ...
London Stock Exchange stake sale earns Dubai huge profit
March 30th, 2015
Dubai has made a profit of billions of dirhams on the sale of its eight-year-old stake in the London Stock Exchange. Essa Kazim, the chairman of Borse Dubai, confirming the disposal, said the shares had been sold at a ...
