Search Results for: Euro area
Traders’ Phones Are Becoming a Zone of Total Surveillance
September 14th, 2015
At large banks, regulatory requirements and new technology change how conversations are conducted Wall Street has a message for its traders: Watch what you say. At large banks in the U.S. and Europe, traders’ everyday activities are being recorded ...
DIFC reports impressive growth in first half of 2015
September 9th, 2015
Total number of registered companies up 8.3% to 1,327 140 new licensed companies and a combined workforce of 18,521 178,376 sq. ft. of net commercial office space leased in 2015 Ground-breaking of 11th office building in The Gate District ...
EBA updates on remuneration practices and high earners data for 2013 across the EU
September 8th, 2015
The European Banking Authority (EBA) published today a report combining the benchmarking of remuneration practices across the European Union and aggregated data on the remuneration of EU institutions’ staff who received, in total, EUR one million or more in 2013. The ...
Scandal-hit Toshiba tries to draw line in sand with £207m loss
September 8th, 2015
The accounting scandal, which broke in July, has wiped more than a third off the company’s value The electronics and industrial giant Toshiba faces a huge uphill struggle to repair its tattered corporate reputation as it reported a much-delayed ...
Mergers: Commission clears acquisition of BG Group by Royal Dutch Shell
September 3rd, 2015
The transaction was cleared as it will not grant Shell market power in oil and gas exploration, LNG liquefaction or LNG wholesale supply. Shell will also not be able to prevent competitors from using its gas infrastructure in the ...
Global Value Chains and Rethinking Production and Trade
September 2nd, 2015
Back in the 1920s and 1930s, manufacturing often meant enormous factories that tried to bring as many activities as possible under one roof–what economists call “vertical integration.” However, the trend in recent decades has been toward “global value chains,” ...
KPMG Forms Exclusive Alliance with Fintech Platform Matchi
August 31st, 2015
KPMG has issued a press release to inform that it has become the exclusive advisory alliance partner with Matchi.biz, the innovative fintech matchmaking platform that connects banks and insurance companies with financial services technology start-ups and innovations sourced from ...
Luxembourg’s banks choose Worldline’s ACS solution to secure ecommerce with 3D-Secure
August 26th, 2015
Worldline, , European market leader in payment and transactional services, has been selected by the Luxembourg banking community to provide its Access Control Server solution for 3D-Secure, in cooperation with LuxTrust, a Luxembourg-based certification authority. The 3D-Secure dynamic ...
Dow plunges after rollercoaster trading on ‘Black Monday’ for global markets
August 25th, 2015
Dow’s 586-point drop puts it on track for its worst month since February 2009 as White House seeks to reassure investors that US economy can withstand volatility Hundreds of billions of dollars were wiped off global stocks on Monday ...
Bundesbank: growth in the German economy could continue
August 24th, 2015
Following robust growth in the first two quarters of 2015, the Bundesbank‘s economists expect the German economy to continue its positive development.“The conditions are currently in place for fairly solid economic growth in the second half of 2015, fuelled ...
