Dubai Islamic Bank announced the pricing of a $1 billion Tier One capital-eligible issuance with a perpetual (non-call six) maturity, CPI Financial reported. The issuance carries a profit rate of 6.75 per cent and mirrors the solid demand and confidence investors have in the institution...
Commerzbank expects gold to bottom out around $1,125 in Q2 of 2015. “We expect the gold price to remain under pressure initially in the first half of next year on the back of growing speculation about increasingly imminent interest rate hikes in the US...
A-Hole Move & Extremely Poor Decision Making Skills Exhibited by the Incompetent People Who Run the Swiss National Bank! The Following Charts Display Major Currencies that Trade Against the CHF. Google+ Link Twitter Link Part 1 Twitter Link Part 2...
The biggest bank in the US, JP Morgan Chase, signalled it had to face a fresh wave of fines after incurring more than $1bn in legal charges in the last quarter of 2014...
A landmark legal opinion this week will remind the European Central Bank of the limits it faces as it advances towards money printing, while a tumbling oil price saps inflation in debt-strained Europe...
Market movers ahead The risk of deflation will again be in focus in the coming week, as inflation figures are scheduled for release in the US, Sweden and Denmark. US inflation in December 2014 looks set to hit a five-year low at 0.8% y/y...
Russia's banks are under tremendous stress amid a plunging currency and ongoing Western sanctions over Russian involvement in the Ukraine crisis, and they will likely need more government bailouts to survive, according to analysts...
George Osborne announced on Monday that the Government would extend legislation covering Libor to seven other major benchmarks, including the WM/Reuters 4pm London Fix - the dominant global benchmark in the $5.3 trillion-a-day currency market - and the ISDAFix for swap rates...
Paris prosecutors have started examining several senior BNP Paribas SA officials with a preliminary insider-trading probe related to the lender’s record settlement in the U.S...
The nation’s fourth-biggest lender by market value - Bank of China Ltd. - sold 32 billion yuan ($5.2 billion) of preferred securities to yield 6 percent, as Bloomberg reports...
On Wednesday, HSBC Holdings, Royal Bank of Scotland, UBS, Citigroup and J.P. Morgan Chase agreed to pay a total of about $3.3 billion to U.S., British and Swiss regulators to resolve allegations that they tried to manipulate the vast foreign-exchange market...
HSBC confirmed it had set aside $378 million for estimated fines relating to suspected manipulation of foreign exchange markets, amid ongoing talks with U.K. regulators...
Barclays is set to hire more than 100 gradates for full-time analyst jobs across Asia next year – but as application deadlines loom, competition for these places is fierce, says Yukiko Hiizumi, Asia Pacific lead of campus recruitment at the British bank...
(Reuters) - J.P. Morgan Chase & Co learned about hackers who stole the bank's contact information for 76 million households and 7 million small businesses through a corporate event that it sponsors, the New York Times and Wall Street Journal reported, citing people familiar with the matter...
Around 100 of the UK’s finest minds in the financial technology sector gathered Tuesday for the Financial News and WSJD inaugural Fintech Conference in London, writes Amir Mizroch...
If you’re one of the supposed near 30% of Barclays’ investment bankers hitting the job market now, it’s a tough time...
Jimmy Lee, vice chairman of JPMorgan and renowned investment banker, has been doling out career advice to young bankers who want to succeed...
If you want to score a high-paying job selling or trading securities in the U.S., you’ll need more than just a good resume. You’ll also need to pass a six-hour, 270-question exam commonly known as the Series 7, or the General Securities Representative Exam (GSRE...
Investment banks live and die by revenue league tables, clamouring for prime spots like Premier League football teams craving a Champions League spot...
