Search Results for: Germany
Shelbourne Markets purchased by ETX Capital
June 27th, 2014
ETX Capital, a London-based financial spread-betting and contracts-for-difference provider, has acquired Shelbourne Markets, Ireland’s largest financial spread-betting firm for an undisclosed sum. Shelbourne, which has 10,000-11,000 clients in Ireland, has been on the market for some months with four ...
Supreme Court enshrines privacy of smartphones
June 26th, 2014
US police must obtain a warrant to search a suspect’s smartphone after the Supreme Court ruled on Wednesday that constitutional privacy protections apply to the often extensive data people keep on the devices in their pockets. In a unanimous ...
European Stocks Decline for Fourth Day Amid Iraq Violence
June 25th, 2014
European stocks fell for a fourth day, the longest stretch in seven weeks, as violence in the Middle East escalated. U.S. index futures were little changed, while Asian shares declined. GDF Suez SA dropped 3 percent after France said ...
Regulator Investigates Controls at Deutsche Bank Commodities Unit
June 20th, 2014
Germany’s top financial regulator recently investigated internal controls at Deutsche Bank AG’s commodities unit, according to a person familiar with the probe. The regulator, BaFin, sent a letter to the bank outlining its findings in April, this person said. ...
IMF calls on ECB to consider quantitative easing
June 19th, 2014
The International Monetary Fund is expected to sound the alarm on Thursday over the risk of deflation within the eurozone and to urge the European Central Bank to consider US-style quantitative easing, including “large-scale” purchases of sovereign bonds, to ...
China Blocks European Shipping Pact, Sending Maersk Down
June 18th, 2014
A.P. Moeller-Maersk A/S (MAERSKB) said it is working on alternative plans to cut costs and address overcapacity in the freighter market after Chinese regulators unexpectedly blocked formation of a global shipping alliance. “We have different tools in our toolbox ...
Deutsche Bank Japan, SEC Whistleblower, Italy: Compliance
June 18th, 2014
Deutsche Bank AG’s Japanese securities unit entertained officials from 45 funds that manage public pensions, according to a report obtained by Bloomberg News, signaling that the potentially illegal practice was more widespread than regulators disclosed. Deutsche Securities Inc. spent ...
German Bank reopens 10-year Federal bonds
June 17th, 2014
The German Bank, Deutsche Bundesbank, has announced the reopening of 10-year Federal bonds with an invitation to bid by auction. For the account of the Federal Government, the German Finance Agency, through Deutsche Bundesbank, will reopen the 1.50 % ...
German investor confidence slips again
June 17th, 2014
A survey shows that German investor confidence has fallen for the sixth consecutive month and has hit its lowest level since December 2012 amid concerns about a soft patch in Europe’s largest economy. The ZEW institute said Tuesday that ...
Europe Bankers Cringe at Rising U.S. Fines Amid BNP Probe
June 12th, 2014
HSBC Holdings Plc (HSBA) Chairman Douglas Flint had some advice for bank executives meeting in London last week: Read up on how the U.S. uses financial warfare against its enemies in a foreign-policy shift that’s entangling lenders. Since HSBC ...
