Search Results for: Nordea
From Volkswagen to China: What Might Derail Germany’s Growth
October 5th, 2015
German economy seen expanding 1.9% in 2015 and 2% in 2016 Focus on domestic demand amid vulnerable export outlook Europe’s economic powerhouse is facing a test of might. Germany’s trademark industrial prowess has been called into question by Volkswagen AG’s ...
Draghi Unveils Revamped QE Program as ECB Downgrades Outlook
September 4th, 2015
ECB president says risks to growth remain on the downside Says inflation rate may turn negative in the coming months Mario Draghi unveiled a revamp of quantitative easing and signaled officials might expand stimulus if the rout in financial markets ...
Bank of Russia Gets Putin’s Praise, Opts for Verbal Intervention
August 10th, 2015
Russian President Vladimir Putin commended the central bank for its efforts to keep the ruble stable after policy makers called for calm as the currency headed for a six-month low. “The central bank is doing a lot to strengthen ...
TradingScreen Deploys TradeCross – A Crossing Platform Developed with the Buy Side
July 16th, 2015
TradingScreen, the leading independent provider of electronic trading solutions, and a group of 15 of the largest long-only asset managers in Europe have launched TradeCross, the first buy side-designed crossing platform for fixed income corporate bonds. With the support ...
EU Bank-Separation Bill Sets $112 Billion Trading Mark
June 16th, 2015
Banks with annual trading activities of more than 100 billion euros ($112 billion) would face added scrutiny from supervisors armed with a tool box of capital rules and separation powers in a draft European Union law. Envoys from the ...
Europe’s Plunging Borrowing Costs Mark Two New Milestones
April 8th, 2015
Switzerland is first with 10-year bond at negative yield as Mexico lines up 100-year euro bond Europe’s plunging borrowing costs marked two new milestones on Wednesday, with Switzerland becoming the first country ever to issue 10-year debt that gives ...
Russia Deposit Fight Sees Foreign Banks Seeking New Clients
March 19th, 2015
Oksana Semenikhina, a customer of Citigroup Inc.’s Russian unit for the past decade, got an offer from the lender this year that she couldn’t pass up. “They offered to open a ruble term deposit for me at 9 percent ...
ECB Buying Starts New Era for Bonds, Euro
March 9th, 2015
Currency heads toward parity with dollar; paying to hold debt The arrival of the European Central Bank’s huge bond-buying plan Monday is forcing investors to prepare for the once unthinkable: paying to hold debt issued by the eurozone’s one-time ...
European Stocks Fall Following Greek Selloff
January 28th, 2015
Markets Cautious Ahead of U.S. Federal Reserve Statement European stocks fell Wednesday, hit by a big selloff in Greece and caution ahead of the latest message on the path of monetary policy due from the U.S. Federal Reserve statement later in the day. ...
Banks Battle Speculation Denmark’s Euro Peg at Risk: Currencies
January 19th, 2015
Banks in Scandinavia are joining the Danish government in trying to persuade offshore investors that the Nordic country isn’t about to copy Switzerland and drop its euro peg. SEB AB, the Nordic region’s largest currency trader, said it’s been fielding calls ...
