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Showing 171 - 180 of 553 results for "Foreign Exchange"

CSC renews $40bn custody mandate

ALEX BURKE  |  WEDNESDAY, 22 MAR 2017
... their relationships with us we have expanded our capital markets service offering to include securities lending, foreign exchange capabilities and brokerage. CSC values Northern Trust's flexible and scalable global investor services and we are delighted ...

ASIC spots forex breaches at ANZ and Westpac

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
... has accepted enforceable undertakings from Westpac and ANZ following an investigation into the banks' wholesale foreign exchange businesses. The regulator found that between 2008 and 2013, Westpac and ANZ's systems and controls failed to address or prevent ...

Westpac deputy chief executive retires

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2017
... years, and was the group executive of Westpac institutional bank from 2002. He joined Westpac in 1996 as head of foreign exchange and began his career at the Reserve Bank of Australia before moving to Citicorp and AIDC Limited. Chief executive Brian ...

BNY Mellon strengthens insto team

EMMA RAPAPORT  |  MONDAY, 20 FEB 2017
... financial services career at Citibank which spanned 12 years and saw him work in a variety of roles including head of foreign exchange, and head of investments, wealth management. Filippelis added that Gambi has joined the company at a time when they ...

Dwindling reserves

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2017
China's foreign exchange reserves continued to decline, falling by US$12.3 billion in January to US$2.988 trillion - the first time since February 2011 that reserves had fallen below the important psychological threshold of US$3 trillion. Though this ...

Australia must curtail its debt binge in 2017

ALEX BURKE  |  FRIDAY, 27 JAN 2017
... down the road, according to a new Columbia Threadneedle report. Columbia Threadneedle's head of government and foreign exchange, Matthew Cobon, singled out Australia and New Zealand as countries with low government debt ratios that are nonetheless endangered ...

Saxo revamps margin trading facility

ALEX BURKE  |  WEDNESDAY, 11 JAN 2017
... arrangement, clients can now use existing physical stocks, bonds and ETFs for trades including contracts for difference, foreign exchange, futures and options, rather adding extra cash for collateral. Any of these assets available through Saxo's SaxoTraderGO ...

Trump keeping M&A on a leash

ALEX BURKE  |  FRIDAY, 6 JAN 2017
... "scrutinise overseas transactions over US$2 billion in an effort to reduce capital outflows that are draining foreign exchange reserves and depreciating the renminbi."

Two of the big four in ASIC spotlight

ALEX BURKE  |  THURSDAY, 22 DEC 2016
... Australia following an investigation by the corporate regulator. The undertakings relate to the banks' wholesale spot foreign exchange businesses. ASIC determined both NAB and CBA did not implement adequate controls to prevent inappropriate conduct in ...

The year that was and the year that will be

BENJAMIN ONG  |  MONDAY, 19 DEC 2016
... equity market was its problem at the start of 2016 and lately, it's the currency and the bond market. China's foreign exchange reserves dwindled from US$4 trillion in June last year to US$3 trillion as at November this year as it tries to defend the ...