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News for : December 2012

2012

Dec

03

Heartland Financial USA Inc Has Selected SunGard’s Ambit Solution for Commercial Lending

Heartland Financial USA, Inc. has selected SunGard’s Ambit Commercial Lender to improve their commercial lending life cycle.

2012

Dec

03

Selftrade to Implement Peterevans Xanite for Processing Efficiency

Selftrade will implement Peterevans’ Xanite platform to deliver processing efficiency and enhanced functionality for their back office operations.

2012

Dec

04

Firms May Face Funding Paralysis by New Regulations: Allen & Overy

According to a report by Allen & Overy, entitled ‘The Future of Credit’, the rules that entail banks to hold more capital have decreased the flow of credit to small and medium-sized enterprises.

2012

Dec

04

Banking Crisis Impact as Bad as World War: Bank of England Official

Andrew Haldane, Executive Director in charge of financial stability at Bank of England (BOE),

2012

Dec

03

Wall Street Banks to Help Clients Sidestep U.S. Derivatives Rules

Wall Street banks are helping their off shore clients to sidestep the new U.S. rules pertaining to derivatives.

2012

Dec

03

Smaller Hedge Funds Attracting Significant Number of Investors: Ernst & Young

According to the Ernst & Young’s 2012 Global Survey Hedge Fund and Investor survey, a significant number of investors are increasing their allocations to emerging and start-up funds.

2012

Dec

04

Securities and Exchange Commission Charges China Affiliates for Top Five Accounting Firms

The Securities and Exchange Commission (SEC) has filed complaint against the Chinese affiliates of the world’s top five U.S. accounting firms.

2012

Dec

03

The City of London to be Deposed as Euro’s Main Financial Centre

According to Christian Noyer, Governor of the Bank of France, the city of London should be taken out as the euro’s main financial centre in order to bring economic blocs recovery.

2012

Dec

04

UBS Near a Reconciliation Over Libor Fine

Swiss bank UBS has agreed deal with regulators on both sides of the Atlantic to settle an investigation for its role into the Libor rigging.

2012

Dec

04

21 Percent European Businesses Unaware of Single Euro Payments Area Direct Debit: Report by Steria, and Edgar Dunn & Company

A study jointly conducted by Steria and Edgar, Dunn & Company states that one in five European businesses is unaware of the Single Euro Payments Area (SEPA) direct debits.

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