From 1 July, financial institutions will face tax-withholding penalties if efforts are not being made to comply with the Foreign Account Tax Compliance Act (FATCA)...
Users of the new risk system Eurex Clearing Prisma can now benefit from portfolio margining capabilities within an asset class as well as cross margining between listed fixed income products and the OTC interest rate swap business...
BNP Paribas has hired Sofie Strandberg and Steve Payne as business development managers for Denmark, Finland, Norway and Sweden, extending its securities services capabilities to Nordic institutional investors...