01/02/2015
Mario Draghi, the president of the European Central Bank, may be pushing hard for a weaker euro to spur growth in Europe, but his central bank peers seem to be several steps ahead of him.
01/01/2015
The FCA issued a total of over £1.4bn in fines in 2014 against a total of 37 firms. This is a massive 210 per cent increase on the £474.2m issued in fines in 2013.
12/31/2014
The Vatican Bank is the latest to join the ranks of a hundred other countries worldwide that have agreed to the terms of the FATCA
12/31/2014
For banks, 2014 was the year of penalties
12/31/2014
If we had some interest rate margin left, there would have been a unanimous decision to cut rates.
12/31/2014
The consultation was conducted by the Ministry of Financial Services and Commerce.
12/29/2014
The legal wrangling isn’t entirely over
12/29/2014
LAW firm Cripps has seen turnover grow by 25 per cent in the first half of its current financial year.
12/28/2014
The pension details are contained in a response to a Freedom of Information request from the EA
12/28/2014
However the increased capital ratios that are coming into effect under the so-called Basel III regulations are still mostly based on a bank's internal model of calculating the risk of its activities.
12/28/2014
Collardi minimized the importance of competition provided by banks in Singapore
12/26/2014
A crackdown on inside trading in China since the second half of last year has resulted in 39 suspects from over 20 financial institutions being handed over to police
12/25/2014
The Russian government will consider amendments to state procurement laws that would ban state contracts from being awarded to companies registered offshore.
12/24/2014
Investment bankers working on corporate takeovers and share issues can expect good news on bonuses after a buoyant year when they return from the holidays, but bond and currency traders face lower payouts.
12/24/2014
Royal Bank of Scotland has frozen the bonuses of 18 traders as part of a continuing review of the alleged rigging of foreign exchange rates.
12/24/2014
The UK is to widen the scope of laws that make rigging of market benchmarks a criminal offence to include seven more rates covering the currency, gold, oil and silver markets by next April.
12/24/2014
The central bank this week put National Bank Trust, Russia’s 15th biggest by retail deposits, under the control of the Deposit Insurance Agency.
12/24/2014
For Centuries the Inner Workings of the Vatican Bank have been Cloaked in Secrecy
12/23/2014
The Financial Conduct Authority has warned of a scammer pretending to be an authorised wealth manager and targeting investors in the UK.
12/23/2014
Two think-tanks are proposing that fund managers in London who do business outside the European Union should be able to negotiate an exemption from European regulation, illustrating the growing Euroscepticism among the UK’s fund management community