Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Dow Jones STOXX 600 Factoids - October 10, 2008

    Date 13/10/2008

    As of October 10, 2008 Dow Jones STOXX 600, down 56.30 points this week, or 21.5%, to 205.13 The index is down for the fourth straight week and five of the last six. It is down 26.8% over the last four weeks. This is the largest weekly point and percentage decline in its history. Today, the Dow Jones STOXX 600 is down 16.65 points, or 7.5%. The index is down for the fifth straight trading day and six of the last seven. It is down 21.5% over the la

  • UK Funds Under Management Up 8% In 2007 To £4.1 Trillion But Expected To Fall In 2008

    Date 13/10/2008

    UK assets under management grew 8% to a record £4.1 trillion at the end of 2007 according to IFSL’s Fund Management 2008 report. Early indicators for 2008 show that the industry has experienced net outflows as some high street banks have used their asset management arms to improve the liquidity of their banking operations. Reduced investor confidence has also resulted in negative retail fund flows with UK domiciled

  • UAE Takes Preventive Measures To Face Global Financial Crisis

    Date 13/10/2008

    President H.H. Sheikh Khalifa bin Zayed Al Nahyan confirmed that the UAE economy is strong and sound and that its banking system is solid and efficient following a briefing on the latest developments on the global financial crisis by Vice President and Prime Minister of UAE and Ruler of Dubai H.H.

  • Dubai Financial Market: A Statement Regarding Lowering The Limit Of Active Stocks

    Date 13/10/2008

    In view of the exceptional Global Financial circumstances and sharp fluctuations currently witnessed in international markets, Dubai Financial Market hereby announces amendment of the price fluctuation band for active traded shares within one session to a maximum of 10% down. This applies to active shares only, and as a temporary measure.

  • Statement From The Governor Of The DIFC And Vice Chairman Of The UAE Central Bank

    Date 13/10/2008

    HH Sheikh Khalifa's Statement on UAE Economy Reflects the "Leadership's Commitment to Protect the Economy", Says HE Dr. Omar Bin Sulaiman

  • Approval Of Proposal By Wells Fargo & Company To Acquire Wachovia Corporation

    Date 12/10/2008

    The Federal Reserve Board on Sunday announced its approval of the application and notice under sections 3 and 4 of the Bank Holding Company Act by Wells Fargo & Company, San Francisco, California, to acquire Wachovia Corporation and its subsidiary banks, Wachovia Bank, National Association, both of Charlotte, North Carolina, and Wachovia Bank Delaware, National Association, Wilmington, Delaware, and the nonbanking subsidiaries of Wachovia Corporation.

  • Statement By US Treasury Secretary Henry M. Paulson, Jr. At The Development Committee Meeting

    Date 12/10/2008

    We meet at a time when the global economic environment is undergoing the most serious stresses in recent memory. Financial market developments are having an acute impact on advanced economies, and we can expect the crisis to have major ramifications for emerging markets and the poorest countries as well. These events will test the ability of the World Bank and the IMF to respond effectively, and it is imperative that they stand ready to deploy their resources to mitigate the impact of this cr

  • Communiqué Of The International Monetary And Financial Committee Of The Board Of Governors Of The International Monetary Fund

    Date 11/10/2008

    1. The International Monetary and Financial Committee held its eighteenth meeting in Washington, D.C. on October 11, 2008 under the Chairmanship of Dr. Youssef Boutros-Ghali, the Minister of Finance of Egypt. The Committee welcomes Dr. Boutros-Ghali, the new IMFC Chairman. The Committee expresses its deep gratitude to Mr. Tommaso Padoa-Schioppa for his invaluable role as the Committee's Chairman in securing the membership's support for critical IMF reforms, and extend

  • Statement By US Treasury Secretary Henry M. Paulson, Jr. At The International Monetary And Financial Committee Meeting

    Date 11/10/2008

    As we meet today, risks to the global economic environment are the most serious and challenging in recent memory. The financial turmoil over the last year, coupled with significant ongoing financial deleveraging, commodity price shocks, and necessary adjustments in housing and other markets are causing a sharp slowdown in economic growth. The largest advanced economies are feeling this most acutely. Emerging market countries have made impressive strides in strengthening fundamentals, enabling

  • US Treasury's Recapitalization Plan The Right Move, Says SIFMA

    Date 10/10/2008

    The Securities Industry and Financial Markets Association's (SIFMA) president and CEO, Tim Ryan, today released the following statement after the Treasury officially announced it would undertake recapitalization: "Treasury has again wisely expanded the tools available to address the current turmoil, which will reassure markets globally. Increasing the capital accessible to banks is necessary given the freeze in lending and the broader crisis in confidence. But in devising a program