Advertise With Us
Sign up for our Newsletter
Join Our Directory
Open an Account

Banks

barclays-logo-3

U.S. SEC a stumbling block in banks’ forex guilty pleas – sources

15/05/2015(0)
Banks want assurances from U.S. regulators that they will not be barred from certain businesses before agreeing to plead guilty to criminal charges over the manipulation of foreign exchange ... Read More
citigroup-inc

Citigroup Closes Exclusive Credit Program Following Swiss Franc Losses

14/05/2015(0)
‘Alternative Credit Program’ clients were fast-tracked through less intensive version of bank’s normal credit checks Citigroup Inc. has closed down a little-known program that allowed a small group of coveted clients ... Read More
nomura

Nomura Is Latest Bank to Stop Clearing Swaps as New Rules Bite

14/05/2015(0)
Nomura Holdings Inc. will no longer act as a middleman to allow clients to guarantee their swap trades with a clearinghouse, the latest bank to exit the business as ... Read More
RBA

Forex Probes Caused by Isolated Traders’ Misbehavior, Task Force Chief Says

14/05/2015(0)
A few individuals are responsible for a scandal that is costing banks billions A few traders are responsible for the foreign-exchange scandal that is costing banks billions in fines, ... Read More
Bank of England Governor Mark Carney

Bank of England says UK economy to grow by 2.5% in 2015

13/05/2015(0)
The Bank of England has cut its 2015 growth forecast from 2.9% to 2.5%, and for next year from 2.9% to 2.6%, as governor Mark Carney unveiled his quarterly ... Read More
UBS-building

U.S. Set to Rip Up UBS Libor Accord, Seek Conviction

13/05/2015(0)
The U.S. Justice Department is set to rip up its agreement not to prosecute UBS Group AG for rigging benchmark interest rates, according to a person familiar with the ... Read More
European_Central_Bank

Greek Banks relieved to hear their collateral is intact, as ELA grows

13/05/2015(0)
The European Central Bank raised the emergency liquidity assistance (ELA) ceiling for Greek banks by 1.1 billion euros on Tuesday, in the wake of Monday’s Eurogroup meeting that recorded ... Read More
Business Focus

Top news of the day

12/05/2015(0)
1. Greece made a repayment of 750 million euro to IMF. Progress is made but work needs to be done. The move came after a what seemed a rare good news ... Read More
JPMorgan

Bank parents or main units seen pleading guilty over FX: sources

12/05/2015(0)
The parent companies or main banking units of as many as five major banks, rather than their smaller subsidiaries, are expected to plead guilty to U.S. criminal charges over ... Read More
bank-of-israel

BoI warns Israeli banks to keep sanctions on Russia

11/05/2015(0)
Israeli banks are being required to verify that sanctions are being observed. The Bank of Israel has ordered Israeli banks to establish a policy and rules for working with ... Read More
Broker Cyprus TopFX