Search Results for: europe
Currency Woes
August 17th, 2018
This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of ...
A new legal challenge to Brexit is filed
August 17th, 2018
The UK in EU Challenge group, an anti-Brexit organization consisting largely of British expatriates living in Spain, France and Italy, filed a new legal challenge to Brexit Tuesday alleging that the referendum vote was not a fair vote and the ...
Deutsche Bank traders reaped $35 million on Turkey turmoil
August 16th, 2018
Deutsche Bank AG fixed-income traders generated a $35 million profit in two weeks as economic turmoil in Turkey triggered a slump in assets across emerging markets, according to people with knowledge of the matter. The traders, who work on ...
Fintech funding in Asia surged to US$16.8 billion; Global fintech investment hit US$57.9B
August 14th, 2018
Fintech funding in Asia surged to US$16.8 billion across 162 deals in the first half of 2018 powered by a massive US$14 billion Series C VC funding round by Ant Financial, up from US$2 billion the second half of ...
EU prepares crackdown on ‘citizenship for sale’
August 14th, 2018
Brussels is preparing to crack down on EU governments, including Malta and Cyprus, that award citizenship to rich people from outside the bloc, as concerns mount about so-called dirty money from Russia. Vera Jourova, the EU’s commissioner for justice, ...
German financial regulator warns against unlicensed CFDs, Binary and Forex online trading platforms
August 13th, 2018
BaFin, the financial supervisor for the banking, securities and insurance sectors in Germany, and one of the largest financial supervisory authorities in Europe, has issued an announcement to warn investors and public. According the warning, BaFin warns against entering ...
Worried about non-EU investor, Germany may see a new law on foreign takeovers
August 13th, 2018
The German government is mulling over a proposal to change the country’s Foreign Trade and Payments Ordinance. The proposal has been sent to various ministries, and according to the Welt newspaper, a law granting the government more control could ...
Global Housing Bubble Is Popping. Here Comes The “Reverse Wealth Effect”
August 10th, 2018
Just a few months ago, real estate was on fire. Prices were blowing past records set during the previous decade’s housing bubble as desperate buyers bought whatever was available at above the asking price while homeowners, confident that prices ...
CySEC informs Market Participants for the timely request of authorisation following Brexit
August 10th, 2018
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to draw the attention of all Market Participants to the Public Statement issued by the European Securities and Markets Authority (ESMA), with reference n. ESMA 42-110-998, in relation ...
KPMG Report on Fintech: Global investment in Fintech is going gangbusters
August 9th, 2018
KPMG has published their Pulse of Fintech report highlighting global Fintech activity for the first half of 2018. According to KPMG, global investment in Fintech is going gangbusters as “Fintech market activity worldwide gained momentum during the first half ...
