Search Results for: Vest Financial
U.S. dollar rallied against most of its main rivals
September 21st, 2017
The U.S. dollar rallied against most of its main rivals Wednesday following the Federal Reserve’s policy statement. The central bank kept its interest rate on hold, but detailed that it would unwind its bloated post-financial-crisis balance sheet starting October. ...
Here’s why the crackdown on bitcoin in China is ‘not a real problem’ for the digital currency
September 20th, 2017
The cryptocurrency market appears to be unconcerned about a Chinese crackdown on bitcoin, the largest digital coin by market cap. On Thursday reports that Chinese regulators would require exchanges to shut down bitcoin trading triggered a sell-off of nearly ...
FCA finalises revised Payment Services Directive (PSD2) requirements
September 19th, 2017
The Financial Conduct Authority (FCA) has today published its approach to implementing the revised Payment Services Directive (PSD2). PSD2 is an EU Directive which sets requirements for firms that provide payment services, and will affect banks and building societies, ...
ASIC’s 2017-20 data strategy launched
September 19th, 2017
The Australian Securities and Investments Commission has today launched its data strategy for 2017-20. The strategy, which outlines how ASIC will capture, share and use data, will transition ASIC into a more data-driven and intelligence-led organisation. ASIC’s data strategy ...
PwC UK reported record revenue of £3.60bn for the year ended 30 June 2017
September 18th, 2017
PwC UK, the professional services firm, has reported record revenue of £3.60bn for the year ended 30 June 2017, up 5% from £3.44bn last year, as the firm continues to invest in people, technology and its regional presence in ...
Bank of England announced Bank Rate held at 0.25%
September 15th, 2017
The Bank of England has issued a press release to announce monetary policy summary. According the announcement: The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that ...
Deloitte announces record global revenue of US$38.8 billion
September 15th, 2017
Deloitte Global today reported aggregate member firm revenue of US$38.8 billion for the fiscal year ended 31 May 2017 (FY2017), representing a 7.1 percent revenue increase in local currency terms or a US$2 billion revenue increase and 8.3 percent ...
Top China Bitcoin exchange to stop trading
September 15th, 2017
One of China’s biggest Bitcoin exchanges has said it will stop trading, after a government warning over virtual currencies. BTCC said it would stop buying and selling on 30 September in response to tightening regulation. It comes after authorities ...
Main moves of currencies: British Pound little changed, Euro steady
September 15th, 2017
Financial markets are once again showing a short-lived reaction to a North Korean missile launch as investors become accustomed to a cycle of provocations followed by diplomatic censure and sanctions that fall short of shutting down the dictatorship. South ...
FINRA fines broker dealer $750,000
September 13th, 2017
FINRA Hearing Panel Fines C.L. King & Associates $750,000 for Negligent Misrepresentations and Omissions in Connection with Death Put Investments and AML-Related Violations The Financial Industry Regulatory Authority (FINRA) announced that a FINRA extended hearing panel censured Albany, NY-based ...
