FTSE Mondo Visione Exchanges Index:

News Centre

News

European Parliament - Fiscal Policy: MEPs Adopt Position Amid Division On Best Route To Take

Date 14/05/2012

The European Commission should have more control over fiscal policy in EU Member States, but not the free rein it asked for, says the Economic and Monetary Affairs Committee in texts, voted on Monday, stating a position on the economic governance "two pack". This increased power must be democratically controlled and serve to spur economic growth, MEPs say.
SEC Charges China-Based Company And Executive For Concealing Loans To Benefit His Family

Date 14/05/2012

The Securities and Exchange Commission today charged a China-based natural gas company and an executive for defrauding investors by secretly loaning company funds to benefit his son and nephew while failing to disclose the true nature of the loans.
Bank Capital Rules: Reform To Boost Risk Resilience And Lending To The Real Economy - European Parliament Economic And Monetary Affairs

Date 14/05/2012

Bank capital requirements must be strengthened to make banks more risk-resilient and the risk weighting of loans to small firms must be reduced to facilitate lending to the real economy, said Economic and Monetary Affairs Committee MEPs in a vote on Monday. Bankers' bonuses must not exceed their fixed pay, they added.
IMF Supports Establishment Of Regional Statistical Office For Arab Countries

Date 14/05/2012

The International Monetary Fund (IMF) expressed its support today for the creation of a regional statistical agency for the Arab world at a high-level conference on macroeconomic and financial statistics convened in Rabat, Morocco.
JPMorgan Chase Announces Management Changes; Ina Drew To Retire - Matt Zames Named New CIO

Date 14/05/2012

JPMorgan Chase (NYSE: JPM) announced today that Ina Drew, Chief Investment Officer, has made the decision to retire from the firm. Ina has served the firm for more than 30 years, most recently as head of our Chief Investment Office.

Hellenic Exchanges Group Q1 2012 Financial Results

Date 14/05/2012

The consolidated net after tax profits of Hellenic Exchanges Group in Q1 2012 amounted to €4.8mvs. €9.2m in Q1 2011, reduced by 48%. The net after tax profit per share in Q1 2012, after taxes and the valuation of bonds in the Group’s portfolio amounted to €0.09 vs. €0.14 in the corresponding period last year, posting a smaller – 35.7% - reduction, due to the gain from the remaining bonds in the Group’s portfolio.
New York Attorney General Schneiderman Announces Arrest Of Bronx Fraudster Who Operated Multi-Million Dollar Ponzi Scheme - Owner Of The Van Zandt Agency Arrested On 35-Count Indictment Charging Securities Fraud, Grand Larceny, Scheme To Defraud And Money Laundering - Schneiderman: Hardworking People Put Their Trust In Van Zandt Only To Have Their Life Savings Stolen

Date 14/05/2012

Attorney General Eric T. Schneiderman today announced the arrest of and unsealing of a 35-count indictment against Robert H. "Bob" Van Zandt for operating a massive multi-million dollar Ponzi scheme spanning years. A Bronx County Grand Jury indicted Van Zandt on two counts of Money Laundering in the First Degree (a Class "B" felony), two counts of Scheme to Defraud in the First Degree (a Class "E" felony), two counts of Securities Fraud under the Martin Act (a Class "E" felony) and 29 counts of Grand Larceny in the Second and Third Degrees (Class "C" and "D" felonies, respectively). The defendant faces up to 25 years in prison if convicted of the highest count. Dozens of New Yorkers fell victim to this scheme.
Corporate Board Member Names New Vice President And Director Of Board Services - John McGonegal To Head Board Education Program

Date 14/05/2012

Corporate Board Member, a wholly owned subsidiary of NYSE Euronext (NYX), has named John McGonegal as Vice President & Director of Board Services. McGonegal will be responsible for heading the Board Education Program and other board service offerings.
FESE European Equity Market Report - April 2012 Figures

Date 14/05/2012

The European Equity Market Report is a piece of analysis that allows for an accurate comparison of trading statistics across European trading venues.
European Parliament Economic Committee To Vote On Limiting Bankers' Bonuses And Strengthening Banks - Economic And Monetary Affairs

Date 14/05/2012

The economic and monetary affairs committee has a busy meeting to look forward to on Monday 14 May when its members will look at how to make finance work for the benefit of the society as a whole. Not only will the committee vote on measures that limit bankers' bonuses and demand that banks lend more prudently, it will also decide on stricter surveillance of eurozone countries' budgets.