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Showing 261 - 270 of 553 results for "Foreign Exchange"

Chinese currency reforms to transform bond benchmarks

MARK SMITH  |  WEDNESDAY, 5 MAR 2014
... bilateral currency swap arrangement with the People's Bank of China, and that it intends to invest 5% of its foreign exchange reserves in Chinese sovereign bonds. "China's government bond market is the third-largest in the world and last year the renminbi ...

RBS posts soaring losses, pays $1m bonuses

AAP  |  FRIDAY, 28 FEB 2014
... the Libor interest-rate rigging scandal, has been dragged into an worldwide probe over alleged manipulation of foreign exchange trading along with other banks. On Thursday, RBS said its pre-tax losses surged to STG8.24 billion ($A15.40 billion) in 2013 ...

Catching the big wave

BENJAMIN ONG  |  THURSDAY, 27 FEB 2014
... is in response to China's decision to introduce direct trading between the euro and the yuan in the Shanghai foreign exchange market. This is the latest footprint in one of many steps China has taken along the way towards challenging the domination of ...

ASIC accepts EU from forex broker over prohibited IMA

STAFF WRITER  |  TUESDAY, 25 FEB 2014
ASIC has accepted an enforceable undertaking from online foreign exchange broker Forex Financial Services Pty Ltd (Forex FS). ASIC's investigation found that between March 2010 and October 2011, Forex FS offered an account known as an individually managed ...

NAB reports $1.4 billion net profits

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
... half year result. The bank said that expenses rose by 3% over the period, two thirds of that down to movement in foreign exchange rates. It said other drivers of the rise included "inflation-related salary increases, normalisation of performance based ...

Investec launches banking products for advisers

LAURA MILLAN  |  MONDAY, 18 NOV 2013
... within a self-managed super fund (SMSF). Investec also offers credit cards, a savings account, car loans and foreign exchange services. "Financial advisers are a unique group of clients with a distinct set of banking requirements," Investec Australia ...

Market Wrap AM

LAURA MILLAN  |  TUESDAY, 5 NOV 2013
... largest bank offset news that it has been dragged into a worldwide probe into possible rigging by lenders of the foreign exchange market. Stock in Ryanair fell heavily, and its rivals fell also, after the no-frills Irish airline published its second ...

Jenepe AM launches IPO fund with London partner

MARK SMITH  |  TUESDAY, 3 SEP 2013
... said he looked forward to adding value to the team from its London base. Jenepe also offers Global Markets and Foreign Exchange dealing and Capital Raising for sophisticated and institutional investors, with the aim to deliver profitable outcomes for ...

ASIC orders additional AFSL conditions on Sydney firm

LAURA MILLAN  |  MONDAY, 26 AUG 2013
... independent expert. Roco is a Sydney-based financial services business trading as Roco Forex which provides services in foreign exchange and derivatives. Roco's main business is dealing and making a market in margin foreign exchange contracts to retail ...

US foreign exchange group sets up in Australia

MARK SMITH  |  WEDNESDAY, 21 AUG 2013
Toronto-based foreign exchange and global payments company Cambridge Mercantile Group has opened its Asia Pacific regional office in Sydney, recognising the increasing importance of the local currency. Cambridge said a strong economy has seen the Australian ...