Tag: Financial center
Abolishing the bonus rules would send the wrong signal
The City ofLondon Bankers in Europe’s most important financial center are hoping that the new Conservative government will relax the rules for the industry. (Photo: Bloomberg) Barely in office, the…
New dispute over upper limits for banker bonuses
London The alleged plan of the new British finance minister, Kwasi Kwarteng, to abolish the bonus cap for bankers in the City of London, has reignited the dispute over “fair”…
Fear of Fed tightening send Asian stock markets plummeting
financial markets in Japan Investors in Asia continue to be influenced by economic activity in the US. (Photo: dpa) Sydney In the wake of another weak Wall Street, the Asian…
New York City: The fintech capital of 2030
The fintech strongholds of New York, San Francisco and London So far this year, more has been invested in New York than in London and San Francisco. (Photo: Thomas Berger,…
New York City: The fintech capital of 2030
The fintech strongholds of New York, San Francisco and London So far this year, more has been invested in New York than in London and San Francisco. (Photo: Thomas Berger,…
Novartis wants to spin off its generics division and take it public
Novartis The Swiss pharmaceutical company is likely to focus on high-margin new drugs in the future. (Photo: Reuters) Zurich The Swiss pharmaceutical company Novartis wants to spin off its business…
Chinese state-owned companies withdraw from the New York Stock Exchange
New York Stock Exchange A visit by US House Speaker Nancy Pelosi to Taiwan last week further exacerbated tensions between the US and China. Five Chinese state-owned companies are now…
Corona frustration is forcing Asia’s financial world to move
Bangkok For decades, there was little choice for the exclusive meetings of Asia’s financial elite but Hong Kong’s posh five-star hotels. Anyone wanting to gather the continent’s leading private equity…
Citigroup admits mistakes made by a trader
Citigroup logo A transaction error probably led to a price slide. (Photo: dpa) Dusseldorf It is now clear who is responsible for the flash crash on the European stock market…
Berenberg sends Frankfurt bankers to London
High-rise buildings in London Since Brexit, many banks have moved from the city to Frankfurt. (Photo: Bloomberg) While numerous banks had recently relocated jobs from London to Frankfurt in response…
Moscow Stock Exchange resumes trading in all Russian stocks
Moscow Stock Exchange The stock exchange was closed for almost a month after the start of the war on February 24th. (Photo: Reuters) Moscow A good month after the start…
Russian stocks gain on start of local trading
Moscow Trading on the Moscow Stock Exchange was suspended for three weeks. Business resumed Thursday, albeit under what the US government has described as a charade. At the restart, many…
Russian stocks gain on start of local trading
A woman walks past the Moscow Stock Exchange The stock exchange in Moscow is partially open again. (Photo: Imago) Moscow After the opening of the stock market in Moscow for…
Moscow Stock Exchange resumes trading in 33 stocks
Moscow Stock Exchange The trading day was initially shortened. (Photo: Bloomberg) Moscow After almost a month’s hiatus due to Russia’s war of aggression against Ukraine and Western sanctions against Russia,…
Wooing for German medium-sized companies and start-ups
Frankfurt, Zurich Financial managers across Europe are racking their brains about how to encourage more companies to go public. Jos Dijsselhof from the Swiss stock exchange Six has therefore introduced…
Bouffier announces farewell as Prime Minister of Hesse
Volker Bouffier Hesse’s head of government makes his office available early. (Photo: dpa) Fulda The Hessian Prime Minister Volker Bouffier (CDU) has announced his early retirement. He wants to make…
Deutsche Börse earns more and wants to pay higher dividends
German Stock Exchange in Eschborn The group presented figures on Wednesday evening. (Photo: dpa) Frankfurt Despite a more difficult market environment, Deutsche Börse achieved a jump in profits in the…
The Luxembourg financial center is benefiting from the boom in alternative investments
Luxembourg Since Brexit, Luxembourg has focused on funds and insurance. (Photo: dpa) Frankfurt Since Great Britain left the European Union (Brexit), the financial center of Luxembourg has primarily tried to…
Index pioneer moves from Deutsche Börse to Solactive
Konrad Sippel “Our goal is to get the company out of the shadows in which it currently finds itself, at least in the eyes of the public.” Frankfurt It is…
Most important trade center of the EU: Paris is ahead of Frankfurt
Paris, Frankfort The French head of state also took his time for the inauguration of JP Morgan’s new trading floor: Last June, Emmanuel Macron welcomed around 100 employees of the…