According to SNL Financial's latest global bank rankings, China now has four of the five largest banks in the world after weakening currencies pushed French and Japanese companies out of the top five.

Euronext, the primary exchange in the Euro zone, today welcomed Commerzbank CCBI RQFII Money Market UCITS ETF to its Paris market. It is the first money market ETF denominated in RMB on its markets and underscores Euronext's position as a key access point for Chinese investors.

Partnership will address customers' need for cross-distribution of equity research across Asian and European markets, and establish a single global program trading platform

Euronext today announced that it will be launching a new Wood Pellet commodities futures contract in the autumn of 2015, subject to regulatory approval. Aimed at producers, wholesalers and retailers, this physically-settled contract targeting the residential heating sector, will allow the industry to hedge its positions.

IFC, a member of the World Bank Group, introduced an innovative financial instrument to expand the availability of Turkish lira financing, becoming the first multilateral institution to issue lira-denominated discount notes.