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Speech By Clive Adamson, FCA Director Of Supervision - The FCA And The Future Of Retail Banking

Date 27/11/2013

Last year, I spoke about forthcoming regulatory changes in the UK, and about the importance of professionalism in financial services. Today, from a perspective of being almost eight months on since the creation of the FCA, I will talk about how far we have come but also about our vision of the retail banking market, a market that is evolving at a rapid pace.

MNI Indicators: Chicago Business Barometer Down 2.9 points To 63.0 In November

Date 27/11/2013

• Business Barometer Three Month Average Highest for Two Years
• Employment Highest since October 2011

Traiana Announces Cross Jurisdiction UTI Management Solution

Date 27/11/2013

Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces that it has launched a comprehensive Unique Trade Identifier (UTI) management solution using the Harmony network.

Tribunal Upholds UK Financial Conduct Authority Fine On Firm For Misselling Complex Investments

Date 27/11/2013

The Upper Tribunal (Tribunal) has upheld the decision of the Financial Conduct Authority (FCA) to fine Scottish firm Westwood Independent Financial Planners (Westwood) £100,000 for communications and suitability failings in relation to geared traded endowment policies (GTEPs).

Hong Kong's Securities And Futures Commission Sanctions Daqing Dairy And Its Directors

Date 27/11/2013

The Securities and Futures Commission (SFC) has issued sanctions against Daqing Dairy Holdings Limited (Daqing Dairy) and its directors, Mr Wang De Lin and Mr Stephen Chiang Chi Kin for breaching the Code on Takeovers and Mergers (Takeovers Code).

HKFE Announces Revised Margins For Futures Contracts

Date 27/11/2013

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Monday, 2 December 2013, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below.  The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

NASDAQ OMX Nordic Launches Intraday Auctions To Improve Liquidity In SME Shares

Date 27/11/2013

NASDAQ OMX (NASDAQ: NDAQ) today announces the introduction of a scheduled intraday auction on certain market segments in Denmark, Finland and Sweden. The aim of introducing this is to improve liquidity in less traded shares, thereby contributing to SME funding and growth.

Dalian Commodity Exchange Holds Symposium On Futures Market Serving Real Economy

Date 27/11/2013

Lately, Dalian Commodity Exchange (DCE) held a symposium on futures market’s serving of the real economy in Beijing and views have been exchanged at the symposium on implementing the spirit put forward at the 3rd Plenary Session of the 8th Communist Party of China Central Committee (3rd Plenary Session) and on promoting the futures market to better serve the real economy. Jiang Yang, Deputy Chairman of the China Securities Regulatory Commission (CSRC), attended the symposium and also among the attending were over 40 representatives from the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Commerce, the Ministry of Agriculture, the CSRC and relevant industry associations, the financial departments of local governments, futures companies, and spot enterprises.

BNP Paribas CIB Strengthens Corporate Finance Set-Up In Europe, Middle-East, Africa (EMEA) Region - Sophie Javary Is Appointed Deputy Head Of BNP Paribas Corporate Finance, In Charge Of Corporate Finance EMEA, And Joins The BNP Paribas CIB Executive Committee - Eric Jacquemot And Luis Sancho Are Appointed Co-Heads Of The New M&A EMEA Unit - Alain Dib Heads Up The ECM EMEA Unit

Date 27/11/2013

In order to be closer to clients in their strategic initiatives, especially those who wish to take advantage of the growing opportunities for cross-border deals, BNP Paribas announces that it is strengthening its Corporate Finance set-up, the CIB (Corporate & Investment Banking) business line which comprises M&A Advisory and Equity Capital Markets (ECM) activities. Within Corporate Finance, a new dedicated team for the Europe, Middle-East, Africa (EMEA) region is created. Under the name Corporate Finance EMEA, this new division will include another newly-created unit, M&A EMEA, which has been formed to spearhead the Group’s Mergers & Acquisitions activities in the region and work closely with the ECM teams in the origination of Initial Public Offerings (IPOs).

Deutsche Börse: Subscription Launch For Sympatex Holding GmbH Bond

Date 27/11/2013