"Bank of China has sent North Korea's Foreign Trade Bank a notice that it has closed its account and has also halted all fund transfers related to this account, " Bank of China said on Tuesday.
An award-winning documentary entitled "Follow the Money" produced by the Blackwell Corporation and aired nationwide on 12 July 1989 on PBS provided compelling evidence of how, for example, East Germany's Foreign Trade Bank played a key role in the financing of a terrorist attack on U.S. nationals.
During this period, Safra's European private bank, Trade Development Bank, was attracting a well-heeled Middle Eastern clientele.
If they are smart, they will look for a candidate who can run hard and smart as a populist critic of free trade and big-bank bailouts and a supporter of smart investments in job creation.
When central banks make a move it is never gentle and for the time being traders, particularly at the retail level, will probably want to exercise a great deal of caution before perhaps taking the opposite side of the trade from a central bank, either one.
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Many West Bank businesses enjoyed a healthy trade with the strip's 1.4m people.
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In recent days, Germany has signaled its willingness to sign on to a European Union effort to sanction the European-Iranian Trade Bank, or EIH. (A formal designation by the EU is expected on Monday).
They want the Reserve Bank of India, the central bank, to stem a flourishing trade in dirty money.
Broadly, bigger and more recognisable companies, such as Bank of China, tend to trade at a premium in Hong Kong.
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The country's second biggest bank said it was discussing with trade unions a plan to cut 550 administrative jobs in its Paris headquarters.
In 1983 Mr Safra agreed to sell Trade Development Bank to American Express, then a sprawling financial services group.
And at a conference in Montevideo, Uruguay's capital, earlier this month, Bank officials gave a cautious welcome to regional trade pacts such as Mercosur.
If I get assigned, I happily give up my shares and bank a meaningful gain on the overall trade (realized gains on the stock and option leg of the trade).
But if conditions were different and they will be someday a bad trade such as this could have more far-reaching ramifications for a big bank and the global economy.
The central bank also said it would peg its plunging currency at a level of 131 kroner to the euro, or a trade-weighted index of 175, in the inter-bank market.
Gaining an extra 270 days to trade on a non-registered foreign bank platform can help many retail forex traders who are not otherwise ready to begin trading under the new CFTC rules, which include 50:1 margin on majors, 20:1 margin on minors, the hedging rule and no FDIC, SPIC or segregation protection.
"Thatcher's economic policy cured the specific British disease of vulnerability to bouts of high inflation and a Luddite trade-union movement, " said Howard Davies, formerly a deputy governor of the Bank of England and a head of the London School of Economics.
The impact of staging such a huge Bank Holiday event on the hospitality trade is also clear.
Jongkie Sugiarto of the Association of Indonesian Automotive Industries, a trade group, urges the central bank to reconsider.
Also, according to the WSJ, there was "a related trade...allowing the bank to capture the premium between the cost of default protection ending in 2014 and the cost of protection ending in 2017".
These people contend that his background was a much better fit for the firm's traditional business of trading futures on exchanges for clients, rather than its aspirations under Mr. Corzine to become a full-service investment bank that could nimbly trade various financial instruments.
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Within weeks, Iraq's central bank and a group of private banks are expected to begin providing trade credits to help get the economy moving again.
The World Bank said on June 22nd that world-trade volumes, reeling from a drastic collapse in global demand (see chart), will shrink by nearly 10% this year.
What's more, efforts to draw up shared procedures and standards for imports lag far behind tariff cuts even though such non-tariff barriers constitute the biggest drag on trade in the region, according to a recent World Bank study.
Therefore it appeared that the bank was giving money to Enron based on a sham natural-gas trade.
Two years into the round, as trade ministers gathered for a summit in Mexico, the World Bank was pushing another extravagant simulation.
Under its own rules Donohue argued the investment bank's planned move of its outstanding positions constituted an illegal trade--a wash sale.
India's slowing inflation and narrowing trade deficit indicate that the economy is improving, the World Bank said in a report published Tuesday.
The government is allowing offshore markets to trade the yuan at a level much stronger than what the Central Bank sets it at.
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The Bank of China's suspension of business further complicates the ability of the Foreign Trade Bank, North Korea's main foreign exchange bank, to access a key financial market.
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