Category: Financial Markets
Banking Reform Bill Amendment on Payments and Securities Settlements
On 8th October the Financial Services (Banking Reform) Bill heads to the House of Lords for further consideration by their Lordships. Having listened to numerous opinions the Government has tabled more than 80 amendments which it proposes to add to The Bill. One such amendment relates to payments and securities settlements. This amendment, set out […]
Activist Investor Carl Icahn pushes for Apple buyback
By FT.com Activist investor Carl Icahn stepped up his campaign for Apple to return cash to investors, saying he had made the case to Tim Cook, the chief executive, for a $150bn buyback. Shares in Apple rose 2.2 per cent to $487.12 on Tuesday, as Mr Icahn tweeted and appeared on cable television to press his argument. Based on the $150bn […]
The global market in Trade Finance
Growth Prediction for EMEA Syndicated Loan Market At the Loan Market Association’s (LMA) annual conference in London 800 delegates heard a range of speakers talk on the conference theme of “connecting members in a changing world.” One highlight was the recognition of the number and variety of “lenders” appearing in the commodity trade finance marketplace […]
MasterCard and EFL partnership to help SMBs’ growth in the developing countries
As reported by AmeInfo.com, MasterCard and the Entrepreneurial Finance Lab (EFL) today announced a global partnership to promote small business (SMB) growth in developing countries. The partnership was at the annual banking conference, SIBOS, and provides international issuers in developing markets with new tools to help improve credit underwriting for unbanked small businesses.According to a […]
More difficulties for asset managers and pension funds to access OTC derivatives market
Impact of Dodd-Frank on asset management and pension funds in the US With the new section of Dodd-Frank regulations which came into life on 9th of September, asset managers and pension funds in the US will face more difficulties in accessing the OTC derivatives market as they have to clear the trades through central counterparties. […]
Derivatives move into the shadows According to FT shadow financial institutions are taking advantage of a wave of new derivatives regulation imposed on the banks. This has resulted in a substantial portion of the derivative market moving away from the mainstream banks and towards the shadow financial institutions. Hedge funds and smaller banks are now trading more […]