banking

Hungary-tax

Hungary To Lower Bank Tax

11/05/2015(0)
The Hungarian Government is to submit a legislative amendment to Parliament for its approval that would lower the bank tax. The amendment was drafted based on discussions between Hungary ... Read More
European Banking Authority logo

EBA consults on draft technical standards on the mapping of ECAIs credit assessments for securitisation positions

08/05/2015(0)
The European Banking Authority (EBA) launched today a consultation on draft Implementing Technical Standards (ITS) on the mapping of External Credit Assessment Institutions’ (ECAIs) credit assessments for securitisation positions. ... Read More
societe generale logo

Société Générale: 1st Quarter Results for 2015

06/05/2015(0)
Net banking income: EUR 6.4bn, +12.3% vs. Q1 14 and +4.4%* vs. Q1 14 excluding non-economic items** and corrected for the implementation of IFRIC 21.  Good commercial momentum and ... Read More
HSBC

HSBC Holdings plc 1Q 2015 Earnings Release

05/05/2015(0)
Reported PBT up 4% in the first quarter of 2015 (‘1Q15’) at $7,059m compared with $6,785m in the same period in 2014 (‘1Q14’). Adjusted PBT up $349m or 5% ... Read More
HSBC-logo

HSBC whistleblower claims work ‘not done yet

04/05/2015(0)
Herve Falciani, a former HSBC employee who leaked information on the bank’s clients and tax situation, has told Spanish newspaper El Mundo he had knowledge of other cases and ... Read More
china

China Rate Swap Has Biggest Monthly Drop Since ’08 as PBOC Eases

30/04/2015(0)
China’s interest-rate swaps were headed for the biggest monthly drop since 2008 as the central bank steps up monetary easing in support of the economy. The People’s Bank of ... Read More
Central bank of Beirut-banque-de-liban

Bankers: Lebanon won’t drop banking secrecy

27/03/2015(0)
Lebanon will not abandon its banking secrecy law but will continue to cooperate with the United States and other nations in the exchange of tax information and the fight against money laundering, ... Read More
swiss banks

Secrets ending for Swiss bank accounts

20/03/2015(0)
European tax evaders might soon have to hide their cash in mattresses instead of secret Swiss bank accounts. Switzerland has agreed to start sharing financial information with the European ... Read More
Central-bank-of-Norway

Norway Signals Reduction After Unexpectedly Holding Rate

19/03/2015(0)
Norway’s central bank unexpectedly left interest rates unchanged and signaled another cut to protect the economy against a plunge in oil prices. The krone surged. The overnight deposit rate ... Read More
HSBC-logo

HSBC closing Britons’ Jersey accounts amid ID checks

17/03/2015(0)
HSBC is closing all accounts on Jersey belonging to customers living in the UK. It is part of a move by UK banks carrying out checks on the identity ... Read More
Broker Cyprus TopFX