Search Results for: Credit Suisse International
MAS, R3 and Financial Institutions experimenting with Blockchain Technology
November 16th, 2016
The Monetary Authority of Singapore (MAS) today announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology. This project could potentially avail ...
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 ...
Commerzbank, Deutsche Bank Shares Rise on Report of Potential Merger
August 31st, 2016
Shares in Commerzbank (CRZBY) and Deutsche Bank (DB) rose on Wednesday after Manager Magazin reported news of a potential merger of Germany’s two leading lenders. The weekly news publication said Deutsche Bank is “moving towards until now unthinkable options with ...
Geneva’s Corporate-Tax Fight Becomes ‘Mother of All Battles’
August 29th, 2016
When the European Union pressured Switzerland to scrap tax breaks for foreign companies, Geneva had the most to lose. Now, the canton that’s home to almost 1,000 multinationals is set to use tax to burnish its appeal. Geneva will ...
German Deutsche Bank faced threat of bankruptcy
July 11th, 2016
Three years ago, there were reports about bankruptcy of Deutsche Bank, which is managing SOFAZ assets. This is caused by too much unsecured derivatives in the balance of the bank. Now, International Bank of Azerbaijan has started to speak ...
Global banks sink in AsiaPac first-half ECM rankings; fees down 33 percent
June 30th, 2016
Global banks tumbled in league table rankings for equity capital market (ECM) deals in Asia Pacific in the first half of 2016, as share offerings outside China that they typically rely on dried up, preliminary Thomson Reuters data showed. ...
Joseph Ahearn named COO by TradingScreen Executive Committee
June 7th, 2016
Joe Ahearn, co-founder of TradingScreen, has been named Chief Operating Officer by the TradingScreen Executive Committee. In this role, Joe will focus on optimizing the interaction between sales and technology while unifying the product strategy and product delivery to ...
Accenture and Leading Financial Institutions Call for Applicants for the Asia-Pacific FinTech Innovation Lab 2016
April 18th, 2016
The Asia-Pacific accelerator program, now in its third year, mentors financial technology entrepreneurs to help accelerate product and business development Applications open today for Asia-Pacific’s third annual FinTech Innovation Lab, Accenture’s (NYSE: ACN) 12-week program that helps early- and ...
Leading investor calls Russia ‘the bargain of the century’
April 18th, 2016
Despite a double whammy from international sanctions and the oil price crash, the Russian stock market now offers “the bargain of the century,” Templeton Emerging Markets’ executive chairman Mark Mobius told CNBC. “Russia is very cheap,” said Mobius. “The problem is ...
UBS, HSBC Offshore Dealings Thrust Into Panama Papers Spotlight
April 5th, 2016
Report describes UBS’s dealings with law firm Mossack Fonseca Both banks say they comply with laws for vetting customers UBS Group AG and HSBC Holdings Plc — two of the banks hardest hit amid a U.S. crackdown on customers’ illicit ...
