Search Results for: PBC
ECB and the People’s Bank of China successfully test bilateral currency swap arrangement
November 27th, 2015
The European Central Bank (ECB) and the People’s Bank China (PBC) successfully test their bilateral currency swap arrangement The tests serve to confirm operational readiness and are not a precursor to activation of a swap Swap arrangement contributes to ...
Cross-Border RMB Flows and Capital Market Connectivity Between China and Singapore to Strengthen
November 9th, 2015
Initiatives to strengthen cross-border Renminbi (RMB) flows and a commitment to collaborate on capital market connectivity between China and Singapore were the key outcomes in financial co-operation arising from the recent State Visit to Singapore by the President of ...
Deutsche Bank announces anticipated charges impacting third quarter 2015 results
October 8th, 2015
Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) expects to incur charges that will materially impact third quarter 2015 results: An impairment of all goodwill and certain intangibles in Corporate Banking & Securities (CB&S) and Private & Business Clients (PBC) of approximately ...
China Cuts Interest Rates for Fifth Time in Bid to Stem Rout
August 25th, 2015
China cut interest rates for the fifth time since November and lowered the amount of cash banks must set aside, falling back on its major levers to stem the biggest stock market rout since 1996 and a deepening economic ...
Bitcoin: What you didn’t know but always wanted to ask
July 7th, 2015
A new technology for the banking world: “The internet of money” In 2008, an individual or group writing under the name of Satoshi Nakamoto published a paper that described a peer-to-peer version of electronic cash that “would allow online ...
One Financial Markets Announces New FSP License in South Africa
June 25th, 2015
One Financial Markets is pleased to announce its new license to operate as a foreign financial service provider (FSP) in South Africa. Authorised and regulated by the Financial Conduct Authority (FCA) in the UK, One Financial Markets offers international ...
Deutsche Bank announces next phase of strategy
April 27th, 2015
Reaffirming commitment to being a leading global bank based in Germany Key decisions Deleveraging CB&S to build a more focused investment bank, with planned gross leverage reduction of approximately EUR 200 billion and redeployment of EUR 50-70 billion in ...
Deutsche Bank reports first quarter 2015 net income of EUR 559 million
April 27th, 2015
Group results Income before income taxes (IBIT) of EUR 1.5 billion, a decrease of 12% from 1Q2014 Core Bank IBIT, which excludes the Non-Core Operations Unit (NCOU), of EUR 1.9 billion, down EUR 360 million from the prior year ...
EXNESS’ reported 15% Grow in Monthly Trading Volume
April 22nd, 2015
In March 2015, EXNESS’ trading volume was 194.9 billion USD, which represents a 15% increase over February. The number of new trading accounts registered also rose to 31,088. The trading volume in March of this year is 17.1% greater ...
Bilateral Local Currency Swap Agreement with the People’s Bank of China
April 8th, 2015
The Reserve Bank of Australia has signed a new bilateral local currency swap agreement with the People’s Bank of China (PBC). The agreement, which can be activated by either party, allows for the exchange of local currencies between the ...
