Archives
UBS to Provide FX Prime Brokerage Services to Advanced Markets
July 8th, 2015
Top Prime of Prime Expands and Reinforces Credit Provision Services Advanced Markets Ltd., a prime of prime broker liquidity provider to retail FX brokers and institutions, announced today that it has added UBS AG as a prime broker. The ...
Legal professionals are becoming more innovative in running their businesses but more is needed
July 8th, 2015
Findings from the largest ever study of innovation in the legal sector, commissioned by the Solicitors Regulation Authority (SRA) and the Legal Services Board (LSB), suggest that legal professionals, including solicitors and barristers, are becoming more innovative in the ...
Leading Global Banks, Service Providers and Market Infrastructures Create New Hub for End-to-End Margin Processing
July 8th, 2015
Goal is to facilitate compliance with new margin regulations for non-cleared derivatives effective in 2016 Thirteen major global banks, ICAP plc and market infrastructures The Depository Trust & Clearing Corporation (DTCC) and Euroclear have joined forces with AcadiaSoft, Inc. ...
Ten Imperatives for Internal Audit
July 8th, 2015
CBOK report from The IIA’s Research Foundation offers direction in a rapidly changing world Organizations are relying increasingly on internal audit to provide insight on operational, business, and strategic risks, especially as cybersecurity and other geopolitical challenges loom prominently. ...
Greek banks could run out of cash in next two days
July 8th, 2015
Greek banks could start to run out of cash over the next two days if creditors do not agree to a new aid deal, two sources familiar with the country’s financial system said on Tuesday. With withdrawals from cash ...
Apple files P2P payments patent
July 8th, 2015
Apple has filed a patent which uses NFC and Bluetooth technology to enable person-to-person payments between iPhones or Apple Watches. The system would enable users to choose a card from their iPhone’s Wallet, enter the amount they want to pay and ...
ICAP announces further investment in AcadiaSoft
July 8th, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has made a further investment in AcadiaSoft, Inc, a provider of electronic margining for over the counter (OTC) ...
Xoom Launches Service to Austria, Belgium, Greece, and Portugal
July 8th, 2015
Consumers save time and money sending money with Xoom Vs. bank wires Xoom Corporation (NASDAQ:XOOM), a leading digital money transfer provider, has expanded its service to include Austria, Belgium, Greece and Portugal. Xoom offers fast deposits and can deposit money in as little as 24 hours when customers ...
Citigroup: Here’s Our Five-Step Plan to Solve the Greek Crisis
July 8th, 2015
For six years the Greek crisis has unfolded in a predictable pattern: Greece needs money. Euro area leaders don’t want to give it to them without imposing tough conditions. Brinkmanship ensues, followed by some sort of ineffectual compromise. And repeat. According ...
On signature by BRICS central banks of the Operational Agreement in the framework of the Pool of Conventional Currency Reserves
July 8th, 2015
The central banks of Brazil, Russia, India, China and South Africa have signed Operational Agreement on 7 July 2015 in Moscow. The Agreement outlines the terms of mutual support for member states in the framework of the Agreement on BRICS Pool of Conventional Currency Reserves. The Operational Agreement ...
