Bank of Singapore Barclays completed acquisition

Bank of Singapore Barclays completed the acquisition of businesses in Hong Kong and Singapore

Bank of Singapore, a division Oversea-Chinese Banking Corp. (OCBC) wealth management, on Monday announced that it has completed the acquisition of Barclays businesses in Singapore and Hong Kong. Asset management business of wealthy individuals and investments were sold for 227.5 million US dollars. Purchase businesses favors the competitiveness of the wealth management firms in Asia, where the largest banks of the world are fighting for the sector, which, unlike most types of banking is growing. Thus, traditional asset management and retail banking operations are in a difficult position. OCBC Singapore and its competitors are already playing a leading role in a saturated market of retail banking operations in the country. As a result, these banks are trying to compete in the local and international level in the provision of other services. OCBC Bank of Singapore, established in 2010, and since then the assets under management have grown from 22 to 62 billion US dollars. Barclays businesses with the purchase amount will be increased by another $ 13 billion.

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BONDS Regions of Russian Federation in hurry

BONDS: Regions of the Russian Federation in a hurry to the market, `heated&# 39; surplus

Several regions of the Russian Federation have announced plans to enter the bond market before the summer lull, deciding under the conditions of excess liquidity in the market does not wait for a possible reduction of the cost of the Bank of Russia loans in mid-June.

“The market is now warmed up, – said on the phone the deputy chief of earnings management and the government debt of the Volgograd Region Marina Kopaneva. – The market did not immediately react to the decision of the Central Bank to change the key rate. A couple of weeks is nothing to give. “

Russian bond rates falling on the background of monetary easing policy of the Central Bank of the Russian Federation and the surplus liquidity in the banking sector. The yield on bonds of the Moscow region fell by more than 100 basis points, reaching a low of 8.50 percent since the location in November.

Earlier this week, Yaroslavl region held a placement of 10-year bonds for 7.5 billion rubles, and the authorities of the Volgograd region on Friday to hold an auction of bonds by 10 billion rubles. Samara and Belgorod regions in June, also intend to raise funds on the market.

“Regions that are allowed to fiscal rules seek to take advantage of excess liquidity in the bond market and the continuing demand for paper to replace the bonds more expensive to service bank loans to finance projects in the conditions when the Ministry of Finance stingy on funding because of the budget deficit,” – wrote email CEO of Sputnik AM Alexander Losev.

See also: Central Bank: inflation expectations in May fell to 10.3% from 11% in April.

  • “The moment is now good, but we believe that the key rate will be reduced, and the yield will be lower, because inflation is already in the region of 4 per cent, so the later one could take and cheaper” – said on the phone the portfolio manager of the Criminal Code “Alfa Capital” Eugene Zhornist
    • "It is important that the trend continues and the key rate will come to 6.5-7%"
  • coupon benchmark 7-year amortization bonds of Volgograd region at auction June 2 is 9.2-9.5 per cent per annum, the placement volume – 10 billion rubles
  • Samara region will offer on June 9 auction of 7-year depreciation of 10 billion rubles bonds
    • Benchmark rate of the 1st coupon: 8.4-8.6 per cent per annum
    • Possible reduction in the key rate would not allow the Samara Region to raise funds more cheaply because it is already priced in; if the Central Bank keep rates may start correction: Deputy Finance Minister Elena control Zyabkina email
  • Belgorod region June 20 will begin placement of 7-year depreciation of bonds is 4 billion rubles
  • According to the median forecast of analysts and economists surveyed by Bloomberg, the CBR will reduce the rate on June 16 by 25 basis points to 9 per cent per annum

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EDIT head of VTB 24 was not included in updated

EDIT: The head of VTB 24 was not included in the updated composition of VTB Management Board members

The Supervisory Board of VTB Bank elected a new member of the Board of the credit institution. It does not included the head of VTB 24 Mikhail Zadornov VTB and member of the board and the Holding Company “VTB Capital” Victoria Vanurina, reported today in the press service of VTB.

In total 14 people were elected to the board. The new face of the board was Anatoliy Pechatnikov. He became a member of the Board as Deputy President – Chairman of the Board of VTB Bank.

The press service of the credit organization clarified that the printers will oversee the retail business of VTB Group.

In addition, the bank stressed that the board can not be considered completely formed in connection with the upcoming addition of VTB 24 to VTB.

Mikhail Zadornov became a member of VTB Management Board at the end of December last year. As head Zadornov, VTB24 has held since mid-2005.

Victoria Vanurina became a member of VTB Bank Management Board in 2011. Vanurina previously served as senior vice president of VTB Bank. VTB Group is working since 2008 and is engaged in the development of the investment business.

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Video Maks Kayzer Why central banks believe in

Video: Maks Kayzer. Why central banks believe in the illusion of prosperity and continue to destroy the economy?

“Once I have spoken,
that quantitative easing may
cause deflation, and now this idea
repeat some so-called
“Very serious people.” quantitative
Mitigation is not struggling with deflation and
It serves its cause. I warned! ”
– that these words launches presenter Maks Kayzer.

This “Max Keizer Review” series leading talk
why monetary policy
central banks used to
stimulate the national economy,
eventually leads to deflation, as a general
such measures will affect the lives of future
generations and which eventually led to the fall of
the price of gold. The guest of the program on
This time, the founder of the Swiss company
Matterhorn Asset Management Egon von Greyrts together
Maks Kayzer which analyze
the situation in the financial market.

Video:

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Virtual Management

Virtual Management

Utility Virtual Management – a virtual levels StopLoss, TakeProfit, TrailingStop, BreakEvenStopLoss and BreakEvenTakeProfit for all your orders.

Key features

It is possible to set the desired type and color for all levels.

StopLoss and TakeProfit is set separately for BUY and SELL orders. Levels can be set indicating the level or distance (in money / paragraphs).

CATEGORY BreakEven includes BreakEvenStopLoss BreakEvenTakeProfit and defined as a percentage of the balance of the size and Breakeven_level specified by a level (fixed price).

At the same time, you can use multiple copies of the advisor, in this case, for each copy you must specify a unique number.

Options

  • Magic – ID of orders that will control panel;
  • slippage – maximum slippage at which still warrant executed;
  • Use other orders – on / off control of all orders;
  • Levels or Points – Type-defined levels of StopLoss and TakeProfit.

stoploss parameters

  • stoploss Buy – level value in points or price for the transactions on purchase;
  • stoploss Sell – level value in points or price for the transactions for the sale.

takeprofit parameters

  • takeprofit Buy – level value in points or price for the transactions on purchase;
  • takeprofit Sell – level value in points or price for the transactions for the sale.

BreakEven parameters

  • breakeven level – the price of which will achieve the closing of all transactions;
  • UseBreakEvenStopLoss – enabling / disabling BreakEvenStopLoss;
  • UseBreakEvenTakeProfit – inclusion / BreakEvenTakeProfit off;
  • BreakEvenStopLoss – BreakEvenStopLoss value level as a percentage of the current balance;
  • BreakEvenTakeProfit – BreakEvenTakeProfit level value as a percentage of the current balance.

TrailingStop parameters

  • Trailing Start – number of points, after passing of which will set the initial level TrailingStop;
  • Trailing Step – the number of points after the passage of which will change the level TrailingStop

Virtual Management

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China is opposed to Fed to raise rates in near

China is opposed to the Fed to raise rates in the near future

Time to improve
key interest rates in the United States has not yet come,
given the difficult situation in the world
economy, – said Minister of Finance
Lu Tszivey of China in an interview
edition of China Business News. "United
States have not yet reached the transition point
to raise interest rates, and due to
its international responsibility
they can not raise rates"-
the minister said.

Lu Tszivey sure
The United States should be aware of "a responsibility
on a global scale" for their actions,
because the dollar is the main
reserve currency in the world. But developed
Ministers accused the world
weaknesses – their alleged economic growth
It is too slow and they do not
create a sufficient demand.

By the way, members of the management
The Fed is still going to raise rates
end of this year. "And the timing of the first
hike, and further
adjustment of benchmark rates
Federal funds will depend heavily on
from future developments in the economy"-
He said vice-president of the US
central bank Stenli Fisher. In his opinion,
the US economy is not yet creating enough
jobs to move to
maximum employment and inflation.

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Management Dashbord

Management Dashbord

Utility Management Dashboard to quickly and conveniently displays information makes it easier to make trading decisions.

The utility displays:

  1. Important information about the account:
    • Account Trade Mode – trade regime in the long run: a real, demo and contest account.
    • Account Number – number of the currently connected accounts on which transactions are carried out.
    • Account Name – the trader name, which belongs to the current account.
    • Account Leverage – Leverage current account.
    • Account Stopout – stop-out bills, while reducing the margin to the level of stop-out of the transaction will be closed by margin calls.
  2. The remaining time until the end of the formation of the current candle.
  3. All traded symbols with useful information, including a magic number, type of transaction, sleoki size and income.

Timeframe: works on all timeframes in addition to the weekly and monthly.

Add comments if you have any suggestions for improvement.

Enjoy!

Management Dashbord

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