10/21/2015
Credit Agricole to pay $787M for banking violations on behalf of Iran, Sudan
The $787.3 million will be divided into several parts.
10/21/2015
To meet the ongoing requirements for greater granularity, the EMEA Business Practices Subcommittee has produced a revised set of guidelines to highlight EMEA specific trade scenarios.
10/21/2015
It will apply to operate as an “Approved Publication Arrangement” (APA)
10/21/2015
International IFA giant deVere has partnered with global law firm Stephenson Harwood to offer its clients access to legal advice on financial planning issues.
10/21/2015
British taxpayers had to plough billions of pounds to prop up RBS and Lloyds Banking Group after the 2008 financial crisis, and lending to firms and households took years to recover, slowing economic growth.
10/20/2015
Deutsche Bank Error Said to Briefly Send Client $6 Billion
Deutsche Bank’s American depositary receipts traded as low as $29.61 after the Financial Times reported the error earlier Monday, almost wiping out gains for the day.
10/20/2015
FCA responds to criticism of expert panel
The review has already engaged with trade bodies and will continue to do so to ensure that their ideas are heard
10/20/2015
Emir regulations present ‘opportunities’, says Oxley
Mr Oxley said of the changes: “On the one hand you have to work harder to get your positions on, but on the other, opportunities are mispriced as people have stepped away from risk-taking.
10/20/2015
Barclays joins list of banks seeking ringfencing waiver
The rules apply to Britain’s largest banks, those with more than £25bn of deposits and are due to come into force in 2019.
10/19/2015
World’s Oldest Bank Chooses Leading Solution for Multi-Country Reg Reporting
10/19/2015
The trial of six former Barclays bankers accused of rigging international borrowing rates is on a knife edge as barristers for half of the defendants have yet to agree fees for the case weeks before it begins.
10/19/2015
A second source confirmed sale talks on the Austrian retail and SME assets were under way with Bawag, owned by Cerberus and GoldenTree Asset Management
10/19/2015
Switzerland has been seeking to attract a Chinese bank as part of the country's efforts to become a major trading hub in China's renminbi currency.
10/19/2015
Poland's banks are bracing for a fight to hold on to their earnings after next Sunday's election.
10/19/2015
Not only is the weight of regulation a topic for consideration, but also its unintended consequences.
10/19/2015
Brazier praised the industry for a proposal that would see debt measured not relative to market prices, but to cash-flow prospects.
10/18/2015
That case was eventually dropped, and he was acquitted earlier this year at a French trial over pimping charges.
10/18/2015
Her tribunal claim also includes allegations of unequal pay.
10/17/2015
The rules will probably apply to HSBC Holdings Plc, Royal Bank of Scotland Group Plc, Lloyds Banking Group Plc, Barclays Plc, Santander UK Plc and Co-operative Bank.
10/16/2015
But which rules will handicap British banks compared to their international rivals?