Search Results for: Nordea
Sweden’s competition watchdog opposes a proposed tax on financial services companies
February 6th, 2017
Sweden’s competition watchdog has come out against a proposed tax on financial services companies, saying it would hit their ability to compete internationally and skew the domestic market. The opinion, published on the watchdog’s website, was sent to the ...
This is the darkest hour in global currency market that haunts currency traders
October 27th, 2016
In the global currency market, the darkest hour comes just as dawn is breaking in Asia and traders in Sydney are sipping their first flat white. Between the New York close and the start of trading in Tokyo, foreign-exchange ...
Europe expected to pause after strong gains
June 21st, 2016
European stocks traded slightly lower on Tuesday, taking a breather after sharp gains seen in the previous session following polls that allayed fears of a Brexit. The pan-European STOXX 600 was down 0.13 percent with major bourses and sectors pointing in ...
Currency Traders Beware as Danske Bank Eliminates Human Element
May 31st, 2016
Danske Bank A/S is pitching a new product to help clients net their currency transactions and reduce the need for human traders. The second-biggest Nordic bank won a contract last week with Sweden’s government to provide the service and ...
Saxo Bank appoints Chief Economist and CIO Steen Jakobsen as co-head of Global Sales Trading
May 17th, 2016
Saxo Bank has announced that Chief Economist Steen Jakobsen will join Theo Papathanasiou as co-head of Global Sales Trading. In conjunction with his new duties, Steen Jakobsen will remain Saxo Bank’s Chief Economist and CIO. The new setup is ...
Commodity currencies at ten-month highs as oil boosts risk sentiment
April 19th, 2016
Commodity currencies like the Australian and New Zealand dollars soared to 10-month highs against the U.S. dollar, drawing support from oil prices which stabilized from a slide and underpinned broad risk sentiment in global markets. The Australian dollar AUD=D4 rose to ...
Euromoney:Private Banking and Wealth Management Survey 2016
February 25th, 2016
UBS Wealth Management voted best global private bank; revenue outlook dimmer this year; asset management competition heats up. In Euromoney’s 13th annual private banking survey for 2016, UBS Wealth Management has made its way back to the top of ...
Draghi Efforts Thwarted by Oil as Economists See More Easing
January 19th, 2016
Some 61% of respondents in Bloomberg survey see more stimulus Raising monthly QE amount, deposit-rate cut seen among options Mario Draghi may have to up the ante, and he has oil to blame. More than 60 percent of economists ...
Ruble Drops to 2015 Low on Year-End Budget Flows as Oil Tumbles
December 29th, 2015
Russian currency slides past 72 per dollar as oil drops Finance Ministry seen boosting budget spending before new year The ruble fell to its weakest level this year as oil resumed declines and investors speculated a traditional pick up ...
Temenos Q3 2015 results reflect outstanding quarter
October 23rd, 2015
Temenos Group AG (SIX: TEMN), the market leading provider of mission-critical software to financial institutions globally, today reports its third quarter 2015 results. The definition of non-IFRS adjustments is below with a full reconciliation of IFRS to non-IFRS results ...
