News Centre

US Federal Housing Finance Agency Announces Settlement With HSBC

Date 12/09/2014

The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, today announced a settlement for $550 million with HSBC North America Holdings Inc., related companies and specifically named individuals (HSBC).  The settlement resolves claims in the lawsuit FHFA v. HSBC North America Holdings Inc., et al. (S.D.N.Y.), alleging violations of federal, Virginia and District of Columbia securities laws in connection with private-label mortgage-backed securities purchased by Fannie Mae and Freddie Mac during 2005-2007.  Pursuant to the agreement, HSBC will pay $374 million to Freddie Mac and $176 million to Fannie Mae.

Grupo Hotelero Santa Fe, S.A.B. De C.V. Completes A Successful - Primary Public Share Offer On The Mexican Stock Exchange

Date 12/09/2014

Today, Grupo Hotelero Santa Fe, S.A.B. de C.V., with ticker “HOTEL”, completed a successful Primary Public Share Offer on the Mexican Stock Exchange, which represents 27.2% of its capital stock.

Remarks Of US Treasury Acting Assistant Secretary For Financial Institutions Amias Gerety Before The National Association Of Federal Credit Unions - Acting Assistant Secretary Gerety NAFCU Remarks

Date 12/09/2014

Introduction

It seems that each week brings a new report of a cybersecurity incident impacting a U.S. business. And this problem is not limited to large companies. Many of you have likely managed the response to a cyber-attack yourselves. Even if your credit union has not been directly impacted, credit and debit card information is targeted everyday, and your staff should be prepared to answer members' questions and help them sort through what risks they face. 

CFTC Commitments Of Traders Reports Update

Date 12/09/2014

The current reports for the week of September 9, 2014 are now available.

ISDA Extends Date For Adhering To The - ISDA 2014 Credit Derivatives Definitions Protocol

Date 12/09/2014

The International Swaps and Derivatives Association, Inc. (ISDA) today announced that it is extending the adherence period for the ISDA 2014 Credit Derivatives Definitions Protocol until Wednesday, September 17, 2014 at 12 noon New York time.

Nigerian Stock Exchange Weekly Report - Week Ending 12 September, 2014

Date 12/09/2014

A turnover of 3.047 billion shares worth N106.701 billion in 23,679 deals were traded this week by investors on the floor of The Exchange in contrast to a total of 3.280 billion shares valued at N52.808 billion that exchanged hands last week in 25,592 deals.

TOM MTF Statistics Week 37, 2014

Date 12/09/2014

Click here to download the weekly statistics update of TOM MTF for week 37, 2014. 

TMX Datalinx Launches Same Day Short Sale Trading Information

Date 12/09/2014

TMX Datalinx, the information services division of TMX Group, today announced the launch of the daily Short Sale Summary report.

TheCityUK Responds To UK Issuing First Offshore Renminbi Bond Outside China

Date 12/09/2014

Commenting on the UK government renminbi bond issuance, Chris Cummings, Chief Executive of TheCityUK commented;

Announcement Of Expanded Treasury Sanctions Within The Russian Financial Services, Energy, And Defense Or Related Materiel Sectors - Actions Target Largest Russian Bank, Deepens Existing Sanctions On Russian Financial Institutions, Expands Sanctions In Russia’s Energy Sector, And Targets Additional Energy- And Defense-Related Russian Entities

Date 12/09/2014

Due to continued Russian efforts to destabilize eastern Ukraine, Treasury Secretary Jacob J. Lew today determined that persons operating within Russia’s defense and related materiel sector may now be subject to targeted sanctions under Executive Order 13662.  In addition, the U.S. Department of the Treasury today extended targeted financial sanctions to Russia’s largest bank, deepened existing sanctions on Russian financial institutions, expanded sanctions in Russia’s energy sector, and increased the number of sanctioned Russian entities in the energy and defense sectors.    Treasury Secretary Jacob J. Lew has made a determination that persons operating within Russia’s defense and related materiel sector may now be subject to targeted sanctions under Executive Order 13662.  Following Secretary Lew’s determination, Treasury has imposed sanctions that prohibit transactions by U.S. persons or within the United States involving new debt of greater than 30 days maturity issued by Rostec, a major Russian conglomerate that operates in the defense and related materiel sector.