Banks

Barclays

Barclays could face another $100 million fine in FX probe

18/11/2015(0)
Barclays Plc (BARC.L) will pay at least another $100 million (65.7 million pounds) in a settlement with the New York financial regulator to resolve allegations that it rigged foreign ... Read More
British banks

Barclays, HSBC, Royal Bank of Scotland ‘at risk of further penalties’

17/11/2015(0)
Investigations into financial crisis conduct show ‘no signs of abating’, warns Moody’s Major banks have now set aside $219bn (£144bn) to pay fines and legal costs since the financial ... Read More
Chinese-notes-RMB

China in net forex purchase in Oct, reverses 3 mths of heavy sales

16/11/2015(0)
China‘s central bank and commercial banks bought a net 12.9 billion yuan ($2.02 billion) worth of foreign exchange in October, data showed on Sunday, stemming heavy sales in the ... Read More
uk-eu-flags-getty

‘Brexit’ Wouldn’t Be Disaster for U.K., Says UBS Chairman

11/11/2015(0)
Axel Weber said Britain would probably get a good deal if it voted to leave The chairman of one of Europe’s biggest banks said Tuesday that if the U.K. ... Read More
rubles

How the Unshackled Ruble Has Changed Russia’s Economy Forever

10/11/2015(0)
The weaker currency has hit consumers hard but helped oil producers Today marks the one-year anniversary of the freeing of the ruble for the first time in its post-Soviet ... Read More
investors

Hedge funds confront impact of financial market regulations and challenges of evolving prime broker relationships

10/11/2015(0)
29% of funds surveyed have experienced prime broker price increases in past year, while 22% anticipate future increases Hedge fund managers seek new asset growth strategies Investments in technology ... Read More
HSBC-logo

HSBC hopes to leapfrog rivals with new China partnership

10/11/2015(0)
HSBC to use JV to tap China’s onshore bond market Foreign rivals on restrictive licences have made little inroad HSBC will have full control of JV and broader licence ... Read More
european-stocks

European stocks end lower as M&A hopes fade

10/11/2015(0)
UniCredit may cut thousands of jobs; VW hit by downgrade European stocks finished lower Monday, hurt in part by disappointment over potential merger developments for InterContinental Hotels Group PLC ... Read More
alpha-bank-greek-bank

Greece May Win 2 Billion-Euro Payout by Monday, EU Official Says

04/11/2015(0)
Greek banks are said likely to need some rescue funds Extra 15 billion euros for Greek lenders seen as unnecessary The Greek government might win a delayed 2 billion-euro ... Read More
barclays-logo-3

Barclays sets aside £290m for foreign exchange compensation

30/10/2015(0)
Provision for customers takes Barclays’ legal bill to £2.3bn in nine months, as critics say latest move does little to restore company’s tarnished reputation Barclays is embroiled in yet another ... Read More
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