Tullett Prebon’s attempted takeover of rival Icap’s voice broking business will face an “in-depth” investigation by the competition watchdog, after it raised concerns over their overlapping oil operations.
Hillary Clinton secured the delegates required to claim the Democratic presidential nomination Monday, according to the Associated Press, putting further pressure on Bernie Sanders to exit the race.
Volume data released by EBS and Thomson Reuters confirms that, for the multi-dealer platforms at least, May was a difficult month, with all platforms bar one to report data recording their worst performance of the year.
Against a backdrop of growing speculation that the pro-Brexit camp is experiencing a surge of support, a new poll has found that Remain.
- Brexit Threatens to Destroy 18 Months of Swiss Toil in a Stroke – Bloomberg
- Running a Brexit Poll? Call Your Lawyer First, Says Watchdog – Bloomberg
- EU Referendum: Would Brexit Make Putin Happy? – BBC
Sterling leapt higher overnight for no obvious reason, wiping out yesterday’s EU poll-driven swoon and leading some to suspect a mistake on the part of a trader somewhere. (These ‘fat finger’ errors do happen.)
Nigeria’s government has recovered only a fraction of the more than $10bn it has identified as stolen, according to lawyers and campaigners who have analysed the figures.
A clothing-optional restaurant opens in London on Saturday promising an evening free from trappings of the material world.
The US Commodity Futures Trading Commission (CFTC) and the European Securities and Markets Authority (Esma) have signed a Memorandum of Understanding (MoU) to co-operate when regulating Central Clearing Counterparties (CCPs).
Introductory remarks by Benoît Cœuré, Member of the Executive Board of the ECB, at a policy panel discussion on the progress with new macroprudential instruments at the ESRB international conference on macroprudential margins and haircuts,
Another of Australia’s four big banks has been accused by a key watchdog of manipulating the country’s benchmark interbank borrowing rate, the latest twist in a series of global interest rate-rigging scandals.
- ASIC Files BBSW Claim against NAB – The Australian
- ASIC Commences Civil Penalty Proceedings Against National Australia Bank
Oil giant Shell is targeting yet more cost savings as it looks to pay down debt and protect its dividend in an era of lower oil prices.
IBM on Tuesday said it signed a $300 million, ten-year technology services agreement with Dubai’s Emirates Airline.
In his first month as Brazil’s acting president, Michel Temer has wrestled with a record budget deficit, rising debt, corruption scandals and the Zika virus. He may want to pencil in some time for a multibillion-dollar rescue of the nation’s second-biggest bank.
Profits at Chow Tai Fook slumped 46 per cent as the biggest jeweller in the world by market capitalisation continued to be pummelled by a slowdown in Hong Kong and Macau.
World stocks hit their highest in five weeks on Tuesday as a dovish tone from Janet Yellen cooled near-term U.S. rate hike bets and a seven-month peak in crude prices cheered oil firms.
Systematic currency managers outperformed their discretionary counterparts in April according to the Parker FX Index.
The drop in China’s foreign exchange came in slightly higher than analysts’ expectations in May.
The former head of the London Metal Exchange is considering setting up a metals exchange to rival the Hong Kong Exchanges and Clearing-owned bourse.
For three months there have been warnings to all in Europe’s corporate bond market that sluice gates will soon open to flood it with money from the central bank.