Bankers prepare for eurozone brea--up risk
January 20, 2017--Big European banks cutting back on some lending ahead of elections
Some of Europe's biggest banks are cutting back on lending within eurozone countries to prepare for the risk of a possible break-up of the eurozone if anti-EU politicians should come to power in the Netherlands, France or Italy.
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Source: FT.com
New ETF Listing on Euronext- 7 Amundi ETFS
January 20, 2017--Euronext is pleased to announce that Amundi will list 7 new ETFs on 24/01/2017 :
ISIN: LU1525418726
ETF Trading name: AMUNDI USCORP BBB
ETF Symbol: UBBB
Venue: Euronext Paris
Underlying index:Barclays US Corporate BBB 1-5 Year
TER(%)0,20
ISIN:LU1525418643
ETF Trading name: AMUNDI EURCORP BBB
ETF Symbol: EBBB
Venue: Euronext Paris
Barclays Euro Corporate BBB 1-5 Year
TER(%)0,20
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Source: Euronext
New ETF Listing on Euronext-UBS ETF CBSE
January 20, 2017--Euronext is pleased to announce that UBS ETF will list 1 new ETF on 24/01/2017:
ISIN: LU1484799769
ETF Trading name: UBS ETF CBSE
ETF Symbol:CBSE
Venue: Euronext Amsterdam
Underlying index: Barclays MSCI Euro Area Liquid Corporates Sustainable Index (Total Return)
TER (%): 0,2
Euronext now offers 754 Trackers listed on the European markets.view more
Source: Euronext
SIX Swiss Exchange-New ETF issuer: First Trust
January 19, 2017--SIX Swiss Exchange starts the year with an extension of its product offering and welcomes First Trust Global Funds plc, Ireland as a new ETF issuer.
First Trust joins the Swiss market as ETF issuer with two new ETFs for which Susquehanna is providing the liquidity. With this, SIX Swiss Exchange offers 1'215 ETFs for trading that have been listed by 23 issuers.
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Source: SIX Swiss Exchange
European macro outlook political risk at the gates: If 2017 is no threat to equities, it is for the Euro and peripheral bonds
January 18, 2017--Given the near term economic outlook is solidifying in the US, stabilising in the emerging markets and moderating in Europe, we believe that European equity markets should prove resilient to the looming European political uncertainty in 2017 that could redefine the European economic and financial landscape for decades.
For now, the banks' efforts to fast-track restructuring and recapitalisation ahead of potential political fallout in 2017 are driving increased European equities strength.
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Source: WisdomTree Europe
EBA and ESMA call to clarify margin requirements between CRR and EMIR
January 18, 2017--The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published today their joint report on the functioning of the Capital Requirements Regulation (EU) No 575/2013 (CRR) with the European Market Infrastructure Regulation (EU) No 648/2012 (EMIR).
The report calls for the requirements for credit, market, and counterparty credit risk in the CRR to be clarified. This clarification should ensure that only risks not already covered by specific financial resources for activities not related to clearing are to be covered by CRR requirements..
ENISA report on blockchain technology and security
January 18, 2017--Blockchain is a distributed ledger which maintains all transactions and assets and is updated by a number of counterparties. Financial institutions are investing in the technology-in what is hoped-to automate processes and remove "human" errors.
This may help towards lowering transactional and operational costs by releasing the finance sector from its legacy systems.
A World Economic Forum[1] report reveals that over one billion euros are invested in blockchain technology startups. Despite the potential cost savings, it remains important to assess what the security implications of Blockchain implementations might be.
view the Distributed Ledger Technology & Cybersecurity-Improving information security in the financial sector report
Source: European Union Agency for Network and Information Security (ENISA)
New ETF Listing on Euronext-VANGUARD USDEMGVBN
January 18, 2017--Euronext is pleased to announce that Amundi will list 1 new ETF on 18/01/2017:
ISIN: IE00BZ163L38
ETF Trading name:VANGUARD USDEMGVBN
ETF Symbol: VEMT
Venue: Euronext Amsterdam
Underlying index: Bloomberg Barclays EM USD Sovereign + Quasi-Sov Index
TER (%): 0,25
Euronext now offers 752 Trackers listed on the European markets.
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Source: Euronext
Official Statistics: Forecasts for the UK economy: January 2017
January 18, 2017--Forecasts for the UK economy is a monthly comparison of independent forecasts.
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Source: HM Treasury
De Freitas moves upstairs at BlackRock
January 17, 2017--Manager of giant €9.7 billion index-tracking fund moves upstairs to become non-exec director.
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Source: fnlondon.com