Capital Markets Archives - Page 57 of 58

‘Central Counterparties – what are they, why do they matter and how does the Bank supervise them?’

International Finance DeskJune 17, 2013

by International Finance DeskJune 17, 2013

Financial market infrastructures play a crucial role in helping the economy and financial markets to function. June 17,2013 :Financial market infrastructures lie at the heart of the financial system. They settle transactions and, by stepping in between buyers and sellers, ensure that financial obligations are met. Central counterparties (CCPs) – also known as clearing houses –...

Business Leaders

Can Jose “Maverick” Mourinho End Premier League Drought for Chelsea

International Finance DeskJune 17, 2013

by International Finance DeskJune 17, 2013

Jose Mourinho proclaimed that he is “The Happy One” on his return to Chelsea, adding that he is calmer and a better manager than he has ever been. 17th June 2013 “Absence makes the heart grow fonder”, goes a popular adage. Jose Mourinho, the temperamental coach must have felt exactly the same when he was...

Fintech

The New Virtual Currency – Bitcoin

International Finance DeskJune 15, 2013

by International Finance DeskJune 15, 2013

Bitcoin startups are beginning to raise sizeable investment capital despite warnings about potential regulation and incidents of hackers abusing the Internet virtual currency for profit. 15th June 2013 Everytime you spend bitcoins to buy a drink at Evr, a bar in Manhattan that accepts the digital currency, you make its co-owner, Charlie Shrem richer. This...

Banking

Japan’s economy builds momentum, gives Prime Minister Shinzo Abe’s policies a boost

International Finance DeskJune 12, 2013

by International Finance DeskJune 12, 2013

Japan’s Central Bank ended a two day policy meeting on Tuesday and pledged to persist with its aggressive monetary easing policies aimed at ending deflation. June 12,2013 : The Bank of Japan, has raised its assessment of the Japanese economy for the sixth straight month, due to a surge in exports and continued resilience in private...

Economy

Euro business growth eases in May, ECB takes steps

International Finance DeskJune 11, 2013

by International Finance DeskJune 11, 2013

Lacklustre growth characterised by a slowdown plagues the EU while its central bank tries to jack up inflation rate that teeters on the verge of deflation, report Team IFM Brussels, June 11: Euro-zone business growth slowed in May, but services output expanded at the strongest pace in almost three years, prompting the European Central Bank...

Economy

Brazil’s industrial output down in April

International Finance DeskJune 11, 2013

by International Finance DeskJune 11, 2013

Manufacturing proves to be a drag on broader economic growth as Brazil tries to come to terms with a drop in production for the second straight month, reports Team IFM Rio de Janeiro, June 11: Brazil’s industrial production in April fell for the second month in a row, as output of capital goods and consumer...

Banking

HSBC is “Numero Uno” among European Banks

International Finance DeskJune 11, 2013

by International Finance DeskJune 11, 2013

HSBC has gone past France and Germany’s largest lenders to take the top spot on a league table of Europe’s biggest banks as its assets grew to more than 2 trillion Euros ( £ 1.7 trillion). June 11, 2013 : International Finance Magazine, reports on the rise of the bank, its rapid growth and its role...

Banking

RBA leaves rate unchanged at 2.5%

International Finance DeskJune 10, 2013

by International Finance DeskJune 10, 2013

RBA chief Glenn Stevens has rightly configured the monetary policy to foster sustainable growth in demand and contain inflation, reports TEAM IFM Sydney, June 10: The Australian central bank has kept its key rate unchanged at 2.5 percent for the 10th straight month as a mining investment slowdown has impacted growth resulting in the need for...

Banking

RBI takes steps to spur bank lending

International Finance DeskJune 10, 2013

by International Finance DeskJune 10, 2013

Indian central bank’s pragmatic moves will help the new government stick to prudent fiscal management and usher in broader reforms, reports Team IFM New Delhi, June 10: India’s central bank chief Raghuram Rajan Tuesday eased credit rules and indicated he would ease monetary policy further if inflation slowed faster than anticipated, leaving interest rates unchanged...

Economy

Mexican factory output swells seven months running

International Finance DeskJune 7, 2013

by International Finance DeskJune 7, 2013

Increased manufacturing activity attributed to new work inflows from domestic and foreign clients, reports Team IFM Mexico City, June 7: Mexico’s factories continued to tick last month with growth of output and new orders remaining on an even keel, encouraging manufacturers to scale up both production and employment, says a recent independent survey. Selling prices...