Russia’s Sberbank deploys new electronic trading platform LeapRate

May 19, 2016 BY Mike Fox

Russia's Sberbank deploys new electronic trading platform

Russian bank Sberbank today launched a new electronic trading offering within its investment banking division. The platform is called Sberbank Markets and supports multiple asset classes and streamlines trading, trade confirmation and settlement. Sberbank claims this will lead to lower processing costs. Sberbank Markets provides the bank's clients with access to Sberbank's FX liquidity, offers…

May 11, 2016 BY Mike Fox

Nordea Markets launching new Forex trading offering on e-Market Nexus

Nordea Markets part of Nordea Bank AB (STO:NDA-SEK), the biggest bank in the Nordic and Baltic Sea regions today announced a new Forex offering through its trading platform Markets Nexus. The bank stated the new FX offering was created in collaboration with customers and is specifically designed to support daily business and work flows. e-Markets Nexus now includes…

July 14, 2015 BY Mike Fox

Scotiabank to acquire Citigroup's banking units in Panama and Costa Rica

This acquisition will nearly triple Scotiabank's customer base in these two countries from approximately 137,000 to 387,000, providing significant opportunities to leverage leading regional loyalty programs and key strategic alliances.

June 08, 2015 BY Mike Fox

Big fines on the way in South Africa's Competition Commission Forex probe?

With investigations at an advanced stage, South Africa's watchdog believes banks are not coming forthright with information, while the Competition Commission is confident evidence can back up case.

May 30, 2015 BY Mike Fox

Visual of how much top banks have paid in Forex fines

As the Forex rigging settlements around major publicly traded banks have started to clear up, many prognosticators have evaluated the potential impact of the stock prices of these banks. Trefis, an online financial community structured around trends, forecasts and insights put together a table showing the different bank fines from the various government regulators and financial watchdogs.…

April 07, 2015 BY Mike Fox

Ripple Labs expands to Asia-Pacific to serve regional demand for Ripple’s real-time settlement protocol

Financial technology veteran Dilip Rao named Managing Director Ripple Labs APAC based in Sydney, Australia

March 16, 2015 BY Andrew Saks-McLeod

UBS settles class action lawsuit for FX manipulation - pays $135 million

Switzerland's UBS has agreed to pay $135 million to settle a class action lawsuit by institutional investors for FX rate manipulation, revising its profit downwards, but announcing an increase in its CEO's remuneration package in its recently released annual report

January 05, 2015 BY Mike Fox

Tag: bank forex