Search Results for: paris
CLS reports average daily traded volumes in February 2017 were USD1.5 trillion
March 13th, 2017
CLS, multicurrency cash settlement system operator, has issued a report to publish the foreign exchange (FX) trading activity for February 2017. The report is based on trade data submitted to CLS in operation of their settlement and aggregation services. ...
Tourism tax set to be implemented in Aberdeen
March 10th, 2017
Tourists visiting Aberdeen will now have to cough up an additional £1 a night. The scheme was unanimously approved at the authority’s finance, policy and resources committee yesterday. The tourism tax is expected to generate £1.7million for council officers. ...
The Autorité des marchés Financiers (AMF) annonces the new composition of the Financial Skills Certification Board
March 8th, 2017
The mechanism for verifying the level of knowledge of employees of investment services providers relies on the services of the AMF and the Financial Skills Certification Board. The Certification Board is now under the chairmanship of Bernard Coupez. Summary ...
China unseats eurozone as world’s largest banking system
March 6th, 2017
New analysis by the Financial Times shows China’s banking system has overtaken the eurozone to become the world’s biggest by assets. The status reflects the country’s increasing global influence and its reliance on growth driven by debt. According to ...
Peugeot owner to buy Open-Vauxhall creating Europe’s second-largest carmaker
March 6th, 2017
Establishes PSA Group as #2 in Europe. This strong and balanced presence in its home markets will serve as the basis of profitable growth worldwide Joint venture in auto financing with BNP Paribas to support development of Opel/Vauxhall brands ...
Firms vie over rights to Arthur Andersen name
March 6th, 2017
A company calling itself Arthur Andersen announced it has reconstituted the former Big Five firm in 16 countries, but its rights to the brand are being challenged by another firm that took the Andersen name in 2014. French businessman ...
Central banks and gold
March 5th, 2017
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually ...
London Stock Exchange reports total income up 17% to £1,657.1 million for 2016
March 4th, 2017
Unless stated otherwise, all figures in the highlights below refer to continuing operations1 for 12 months to 31 December 2016 and comparisons with the prior 12 month period on the same basis. Continued execution against strategic objectives and investment ...
Bank of Israel keeps the interest rate unchanged
February 28th, 2017
Inflation data: The Consumer Price Index for January declined by 0.2 percent, in line with the average of forecasters’ projections. There were seasonal declines this month in the clothing and footwear component (9.2 percent), in the housing component (0.5 ...
How China Influences Bitcoin Price, Explained
February 17th, 2017
1.Why has Bitcoin price become volatile again? The short answer to that question is China. On Feb. 9, 2017, Bitcoin price has plunged by more than 9%. The fall took place after an extended period of growth: Bitcoin value ...
