Search Results for: Total
Saudi Arabia looks to bring in billions of foreign dollars
May 5th, 2016
Saudi Arabia announced a string of reforms to its stock market that could attract billions of dollars of fresh foreign money and smooth sales of state assets as the kingdom grapples with damage to its finances caused by low ...
The fintech sector in Asia Pacific is booming
May 5th, 2016
The fintech sector in Asia Pacific is booming, according to Accenture’s ‘Fintech and the evolving landscape’ report. The study found that fintech investment in the region more than quadrupled to US$4.3 billion in 2015, which accounts for 19 percent ...
European Stocks Decline Fourth Day as Earnings Fail to Encourage
May 5th, 2016
BHP Billiton leads commodity producers lower on Brazil lawsuit Societe Generale advances as earnings beat estimates European stocks posted their longest losing streak in more than a month as the latest batch of earnings failed to lift investor sentiment. ...
Taking the petro out of the dollar
May 4th, 2016
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While the House of Saud remains strongly resistant to change, a mixture of reality and ...
SaxoTraderGO Growth Exceeds Expectations One Year After Launch
May 4th, 2016
Saxo Bank, the multi-asset trading and investment specialist announces that more than 55% of total revenue from private clients is generated from trades on SaxoTraderGO. Today, exactly a year after the launch of SaxoTraderGO, the platform is Saxo Bank’s most popular platform across all ...
ASX Group publishes Activity Report for April 2016
May 4th, 2016
The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 3.2% in April 2016. This performance was stronger than all major markets including Hong Kong up 1.4%, the UK up 1.1%, Germany up 0.7% and the ...
FINRA fined MetLife Securities, Inc. $25 Million
May 4th, 2016
Largest FINRA Fine Relating to Variable Annuities The Financial Industry Regulatory Authority (FINRA) announced today that it has fined MetLife Securities, Inc. (MSI) $20 million and ordered it to pay $5 million to customers for making negligent material misrepresentations ...
FIS Reports First Quarter 2016 Results
May 4th, 2016
Revenue of $2.2 billion, 4.2 percent organic revenue growth EPS from continuing operations of $0.17, or $0.79 on an adjusted basis, a 22% increase SunGard integration ahead of plan Free cash flow of $338 million FIS™ (NYSE:FIS), a global leader in financial services technology, ...
Facebook revenue smashes expectations
April 28th, 2016
Facebook revenue smashes expectations as mobile ad sales surge Facebook Inc’s (FB.O) quarterly revenue rose more than 50 percent, handily beating Wall Street expectations as its wildly popular mobile app and a push into live video lured new advertisers ...
Asian Stocks Fall as BOJ Leaves Monetary Policy Unchanged
April 28th, 2016
Shares slide in Tokyo market, led by brokerages and banks Economists confounded as BOJ refrains from adding to stimulus Asian stocks fell, led by a slump in Tokyo shares, after the Bank of Japan refrained from adding to its ...
