Search Results for: CLS
Biggest Indian Bank Surges Most in Seven Years on Capital Boost
March 2nd, 2016
RBI allows banks’ property values to be added to core capital Change in capital rules to align with Basel III standards: RBI State Bank of India shares surged the most in almost seven years, leading a rally in the ...
Day Of Reckoning: The Collapse Of The Too Big To Fail Banks In Europe Is Here
February 11th, 2016
There is so much chaos going on that I don’t even know where to start. For a very long time I have been warning my readers that a major banking collapse was coming to Europe, and now it is ...
ICAP plc – Trading Statement
February 9th, 2016
Transaction with Tullett Prebon on track Solid growth in the Post Trade division Continued investment in new product initiatives Market conditions remain challenging ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information ...
Co-op puts legal business ‘at heart of rebuild’ with first buy-up
January 11th, 2016
The Co-operative Group today announced its first legal acquisition as it refocuses attention on face-to-face services after a troubled start in the sector. The retail giant has bought the Sheffield-based Collective Legal Solution Group for an undisclosed amount. Collective ...
Linux Foundation Unites Industry Leaders to Advance Blockchain Technology
December 18th, 2015
New open ledger project to transform the way business transactions are conducted around the world The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced a new collaborative effort to advance the popular blockchain technology. ...
Morgan Stanley Said to Plan Global Fixed-Income Job Cuts
December 1st, 2015
Cuts would be across regions and take place in next two weeks Bank’s fixed-income trading revenue dropped 42% last quarter Morgan Stanley is planning a reduction of as much as a quarter of its fixed-income staff after years of ...
VW scandal: Which other car manufacturers will be under investigations
November 12th, 2015
VW diesel emissions investigation widened to include other brands German regulators to run tests on possible ‘unusual pollutants emissions’ on other models including BMW, Mercedes and Ford German car regulators are expanding their investigation into suspected diesel emissions manipulation ...
Asian stocks rejoice at offshore gains, Japan Post debut
November 4th, 2015
Asian stocks rose sharply on Wednesday, as a confluence of factors including a stellar market debut from Japan Post’s units in Tokyo fueled risk appetite in the region. A fifth straight day of gains for energy counters alongside a ...
Is Bitcoin here to stay? Experts are still torn
September 24th, 2015
The digital currency has been called everything from a fad to the next big thing. Will Bitcoin go away? That’s the question that digital currency experts debated Monday at a conference in San Francisco hosted by tech news site ...
China Stocks Pull Asian Markets Lower
September 14th, 2015
Investors are concerned about both a slowdown in China and this week’s U.S. Federal Reserve meeting China shares finished lower in tumultuous trading Monday, as weak data on Chinese factory output pulled prices down despite apparent efforts by Beijing ...