Forex Weekly Look Back: TradeMax rebrands to TMGM, Forex Analytix and Forest Park FX launch portal TraderSummit.net LeapRate

September 11, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: TradeMax rebrands to TMGM, Forex Analytix and Forest Park FX launch portal TraderSummit.net

Online FX and CFD trading and cryptocurrencies provider FXCM announced the launch of the SMS Trading Alerts service to help users spot potential trading opportunities. The SMS Trading Alerts cover shares, forex, gold and many other tradable instruments at FXCM. Users can choose the instruments that they want to receive signals for and they will receive…

September 08, 2020 BY Steffy Bogdanova

Credit Suisse appoints Martin Mende as new Head of Strategy & Initiatives

Before Boston Consulting Group, Mende worked at Credit Suisse between 1999 and 2012. He was responsible for business development in the global private client business and the Swiss retail and corporate client segment. Mende holds a PhD from the University of St. Gallen and a degree in computer engineering from the Swiss Federal Institute of…

July 30, 2020 BY Steffy Bogdanova

Credit Suisse reports 47% growth in net income in first half of 2020 and makes structural changes

Credit Suisse also announced structural changes including setting up of a global investment bank unit combining its global markets and investment banking divisions. The bank will also a new savings program of about 400 million Swiss francs per year from 2022. Thomas Gottstein, the chief executive officer said: I am certain that the measures we…

July 03, 2020 BY Steffy Bogdanova

Credit Suisse pays $75K infringement fine

According to ASIC regulation NXXT Trade is not a transaction permitted for an on-market buy-back. The MDP considered that Credit Suisse had failed to act in accordance with its clients’ instructions to conduct an on-market buy-back when it had entered the NXXT trades. The MDP alleges that Credit Suisse was careless as it did not…

December 09, 2019 BY Valentina Kirilova

AccessFintech teams up with Citi, Credit Suisse, Goldman Sachs and J.P. Morgan

AccessFintech has just announced that it has teamed up with with four leading investment banks and it has completed its production launch and is live with a new industry use case, to meaningfully enhance and improve the market’s settlement exception resolution process. Citi, Credit Suisse, Goldman Sachs and J.P. Morgan have jointly launched an industry-wide…

Kyber Network opens to become the VISA for cryptocurrency

February 11, 2019 BY Mariela Naydenova

Banco Best and Credit Suisse process blockchain-powered live Fund transactions

The asset management branch of Credit Suisse, Credit Suisse Asset Management, and Banco Best, a Portuguese financial institution, have partnered on an interesting blockchain project. The two financial institutions have processed blockchain-powered live cross-border transactions of an investment fund. The platform that was used for the transaction was FundsDLT. The latter is a decentralized platform based…

December 11, 2017 BY Valentina Kirilova

AAT upholds ASIC bans of client advisers for trading in MINI warrants

The Administrative Appeals Tribunal (AAT) has affirmed ASIC's decision to ban a former financial advisor, Tony Davidof, and former Credit Suisse employee, Philip McLean from providing financial services for three years. ASIC's decision to ban Mr Davidof and Mr McLean followed an ASIC investigation that found both had engaged in manipulation of the price of…

November 06, 2017 BY Mariela Naydenova

Credit Suisse's CEO: "Bitcoin is the very definition of a bubble"

With Bitcoin coming up at $7,400 this past week, more prominent public figures are expressing negative opinions on the actual viability of the digital currency. After JP Morgan Chase's CEO, Jamie Dimon, and the Chairman and Founder of Bridgewater Associates, Ray Dalio, called bitcoin a "fraud" and a "pyramid scheme", the next CEO who put…

October 27, 2017 BY Valentina Kirilova

Credit Suisse launches Artificial Intelligence Sentiment Index using RavenPack AI algorithms

Credit Suisse announced today the launch of the Credit Suisse RavenPack Artificial Intelligence Sentiment (AIS) Index, a result of its collaboration with RavenPack to create quantitative investment strategies from news analyses leveraging RavenPack’s artificial intelligence algorithms. The AIS Index tracks the notional performance of an algorithmic US large-cap sector-rotation strategy, harnessing the power of big…

May 30, 2017 BY Valentina Kirilova

Monetary Authority of Singapore imposed financial penalties on Credit Suisse and UOB for 1MDB-related transactions

The Monetary Authority of Singapore (MAS) announced that it has completed its two-year review of banks involved in 1MDB-related transactions known to-date. In its latest regulatory actions, MAS has imposed financial penalties on Credit Suisse and United Overseas Bank (UOB), as well as issued Prohibition Orders (POs) against three individuals and served notice of its…

Tag: Credit Suisse