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News

BNP Paribas Securities Services offers clearing and settlement with Turquoise

Posted: 20 August 2008

BNP Paribas Securities Services announced the successful completion of end-to-end testing with Turquoise, the Multilateral Trading Facility (MTF).

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Dubai ranked fifth financial centre worldwide

Posted: 19 August 2008

Dubai is ranked fifth financial Centre in the World outside America and Europe according to a study undertaken by UK-based global research organisation Chatham House.

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Luxembourg avoiding sub-prime fallout

Posted: 19 August 2008

Jean Meyer, President of the Association des banques et banquiers à Luxembourg (ABBL) stated that Luxembourg is not being adversely affected by the sub-prime financial crisis that is affecting other markets.

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Netherlands Antilles challenges EC's 'tax haven' label

Posted: 19 August 2008

The State Secretary of Finance for the Netherlands Antilles, Alex Rosaria has called on the Tax Directorate of the European Commission to remove the jurisdiction from tax haven ‘blacklists' in some EU member states.

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Goldman Sachs domiciles hedge funds in Toronto

Posted: 19 August 2008

The Goldman Sachs Group has chosen Canada to grow and diversify its hedge fund administration business, using Toronto as its base.

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