News Centre

Federal Reserve Board Announces It Is Requiring Bank Of America Corporation To Resubmit Its Capital Plan And To Suspend Planned Increases In Capital Distributions

Date 28/04/2014

The Federal Reserve Board on Monday announced it is requiring Bank of America Corporation to resubmit its capital plan and to suspend planned increases in capital distributions. The decision relates to the disclosure by Bank of America that the banking organization incorrectly reported data used in the calculation of regulatory capital ratios and submitted as inputs for the most recent stress tests conducted by the Federal Reserve.  

HKEx: Scrip Dividend Scheme In Relation To The Final Dividend For The Year Ended 31 December 2013 - Calculation Of Market Value

Date 28/04/2014

At HKEx’s annual general meeting held on 16 April 2014, Shareholders approved payment of the Final Dividend, as recommended by the Board, to Shareholders whose names appeared on HKEx’s register of members on the Record Date. The Final Dividend will be payable in cash with a scrip alternative under which eligible Shareholders may elect to receive the Final Dividend wholly or partly in the form of New Shares instead of in cash.

Moscow Exchange: Changes To FX And Precious Metals Markets' Risk Management System

Date 28/04/2014

The FX and precious metals markets' risk management system will be modified from 28 April. Two concentration limit levels and several levels of the market risk limit rate  will be introduced, with a simultaneous decrease of the minimum value. Individual risk parameters adjustment will become available per a  settlement code.

HKEx Announces Temporary Holiday Risk Management Arrangements

Date 28/04/2014

Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.

Integration In European Financial Markets Improved, But Still Worse Than Before Crisis, New European Commission, ECB Reports Show

Date 28/04/2014

• Financial fragmentation remains high, despite improvements reflecting end of redenomination risk

• ECB presents new SYNFINT financial integration index

• Michel Barnier: Banking union is crucial to enable financial sector to support growth without generating too much risk

UK's Financial Conduct Authority: Invesco Perpetual Fined £18.6 Million For Failings In Fund Management

Date 28/04/2014

The Financial Conduct Authority (FCA) has fined Invesco Asset Management Limited and Invesco Fund Managers Limited (Invesco Perpetual) £18,643,000 for exposing investors to greater levels of risk than they had been led to expect. 

Thailand Futures Exchange Gears Up To Improve Products, Boost Liquidity For Its Upcoming 9th Anniversary

Date 28/04/2014

Thailand Futures Exchange PCL (TFEX), under the Stock Exchange of Thailand group, has continuously been developing its products, generating more liquidity to meet market demand as TFEX is progressing into its ninth year of operation. The exchange will also focus more on cooperation with foreign derivatives markets for joint-business expansion.

BUWOG Makes Its Debut On The Vienna SE Today

Date 28/04/2014

New stock on Vienna Stock Exchange's prime market: BUWOG AG, a company specialized in Austrian and German residential real estate, started listing on the Official Market today. A part of Immofinanz AG was spun off to BUWOG AG effective as of today's trading session. The allocation ratio for existing IMMOFINANZ shareholders is 1:20, that is, 1 BUWOG share for 20 IMMOFINANZ shares. The opening price of the share in Vienna was EUR 13.20. Erste Group Bank AG will act as a specialist and provide liquidity in continuous trading. Further market makers are Baader Bank AG and Raiffeisen Centrobank AG. The BUWOG share also started listing in Frankfurt and Warsaw besides Vienna. 

Thailand Futures Exchange Welcomes Apple Wealth Securities As Derivatives Brokerage From May 6

Date 28/04/2014

Thailand Futures Exchange PCL (TFEX), under the Stock Exchange of Thailand group, welcomes Apple Wealth Securities pcl (ticker symbol “APPLE”) to operate as derivatives brokerage from May 6, 2014 onwards, after it has passed the rigorous system test.

Thomson Reuters Named Best Technology Provider For Islamic Banking In The Asset Triple A Islamic Finance Awards 2014

Date 28/04/2014

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced it has been named the Best Technology Provider for Islamic Banking in The Asset magazine’s Triple A Islamic Finance Awards 2014. The winners were selected by The Asset’s editorial team in consultation with the magazine’s readers, including Asian and global issuers, institutions and investors active in the region.