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61-75 of 2151 results
GE to offload $5.8bn worth UK mortgage loans portfolio
By BBR Staff Writer
General Electric (GE) has agreed to divest $5.8bn worth of first lien mortgage loans from its UK home lending business to an investment consortium led by Blackstone.
Intermediaries > ECN & Exchanges > News
Tech startup LISNR accelerated by PowerMoves.NOLA and Morgan Stanley
LISNR, the creator of SmartTones, a new communication protocol that sends data over audio, recently announced that it closed $10 million in Series B funding.
Intermediaries > ECN & Exchanges > News
Deutsche Börse and China Foreign Exchange Trade System to form JV in Germany
By BBR Staff Writer
Trading firm Deutsche Börse has agreed to form a joint venture (JV) with China Foreign Exchange Trade System (CFETS) in Germany, in a bid to bolster the financial relationship between both the countries.
Intermediaries > ECN & Exchanges > News
Standard Chartered to close equity derivatives and convertible bonds business
By BBR Staff Writer
British multinational banking firm Standard Chartered is planning to exit its equity derivatives and convertible bonds business, in a bid to restructure its operations.
Intermediaries > ECN & Exchanges > News
New Zealand government awards banking services contracts
By BBR Staff Writer
Six banks have been contracted to supply all-of-government (AOG) banking services in New Zealand for a period of up to eight years.
Intermediaries > ECN & Exchanges > News
PCS Edventures announces new investor relations partnership and management team changes
PCS Edventures!, today reaffirmed its commitment to building shareholder awareness and providing regular communications to its investors by hiring GreenHouse IG, LLC (GreenHouse) as the company's Investor Relations lead.
Intermediaries > ECN & Exchanges > News
Former silk road task force agent pleads guilty to money laundering and obstruction
By BBR Staff Writer
A former U.S. Secret Service special agent pleaded guilty today to money laundering and obstruction of justice in connection with his theft of digital currency during the federal investigation of Silk Road, an online marketplace used to facilitate the purchase and sale of illegal drugs and other contraband.
Intermediaries > ECN & Exchanges > News
Kenya's national assembly declines finance ministry proposal to raise core capital for banks
By BBR Staff Writer
A proposal put forth by Kenya's finance ministry to raise the minimum core capital for banks to KES5bn ($48.17m) in the next three years has been overturned by the national assembly.
Intermediaries > ECN & Exchanges > News
US banking regulator to revive mortgage bond lawsuits
By BBR Staff Writer
The US Federal Deposit Insurance Corporation (FDIC) has received permission of the 5th US Circuit Court of Appeals in New Orleans to sue Deutsche Bank, Goldman Sachs Group and Royal Bank of Scotland Group for selling $840m in mortgage bonds to a failed Texas bank by making false statements ahead of the 2008 financial crisis.
Intermediaries > ECN & Exchanges > News
Six global banks probed for forex rigging in South Korea
By BBR Staff Writer
South Korea’s Fair Trade Commission (FTC) is investigating the alleged involvement of six global banks in foreign-exchange market rigging.
Intermediaries > ECN & Exchanges > News
Five global banks might face penalties of $5bn over forex rigging
By BBR Staff Writer
A settlement between US and British authorities over rigging of currency markets could lead to five of the world’s biggest banks being slapped with penalties totaling $5bn.
Intermediaries > ECN & Exchanges > News
Britain's central bank to evaluate banks' readiness on dealing with illiquid markets
By BBR Staff Writer
British banks will be subjected to rigorous stress tests by the country's central bank to evaluate their readiness on mass sale of bonds by investors in delicate market situations.
Intermediaries > ECN & Exchanges > News
Barclays earmarks additional $1.2bn for potential forex penalties
By BBR Staff Writer
British banking and financial services company Barclays has earmarked an additional £800m ($1.2bn) in a bid to cover potential legal action and penalties related to alleged foreign exchange (forex) market rigging.
Intermediaries > ECN & Exchanges > News
China's central bank to pump in $60bn forex reserves into state-owned policy banks
By BBR Staff Writer
The People's Bank of China is set to back the government's overseas development plans by pumping in $60bn foreign exchange reserves into two policy banks.
Intermediaries > ECN & Exchanges > News
Citigroup reportedly plans to offload retail forex trading service
By BBR Staff Writer
Citigroup is reportedly planning to offload its retail forex trading service and is on the look out for a potential buyer, as per unconfirmed reports.
Intermediaries > ECN & Exchanges > News
61-75 of 2151 results