Search Results for: banks
FSMA warns the public against the activities of supposed law firms
March 24th, 2016
The Financial Services and Markets Authority (FSMA) has issued a press release to warn the public against the activities of the supposed law firms Cole & Rushton LLC and Ernst & Taylor LLP, which are offering to help victims ...
HSBC reports on Oil prices scenarios
March 24th, 2016
Despite hopes that lower oil prices will stabilise global growth, experience suggests otherwise. Growth was disappointing in 2015 even though the oil price had plunged in 2014. While developed-world consumer spending grew at the fastest rate since before the ...
Asia markets slip amid Fed concerns, oil fall
March 24th, 2016
Asia markets ended lower Thursday, amid fresh declines in oil prices and concerns the U.S. Federal Reserve may hike interest rates sooner than expected. Japan’s Nikkei 225 ended down 108.65 points, or 0.64 percent, at 16,892.33, while South Korea’s Kospi index fell 9.15 ...
What actually is … Blockchain technology?
March 23rd, 2016
A new technology is causing a stir in the FinTech community: Blockchain has many market experts believing that it is the greatest achievement of the past decade for financial technology and the most important digital innovation since the internet ...
Bangladesh Bank eyes NY Fed lawsuit after cyber theft
March 23rd, 2016
Bangladesh Bank (BB) – the country’s central bank- is considering filing a lawsuit against the Federal Reserve Bank of New York after cyber hackers stole $81m (£57m) from its account. BB has hired a US lawyer, but has not ...
UBS and Credit Suisse launch fintech accelerator
March 23rd, 2016
The two largest Swiss banks UBS and Credit Suisse, are partnering with Swisscom, Swiss Life and Ernst & Young to launch a fintech accelerator with an international target audience. Operating under the umbrella of the Kickstart Accelerator, the programme ...
Ex-Goldman Sachs Banker Bansal Gets Probation Over Fed Leak
March 23rd, 2016
Bansal pleaded guilty to getting documents from friend at Fed Prosecutors had sought a sentence of as long as a year An ex-Goldman Sachs Group Inc. banker who got a former colleague to steal documents from the Federal Reserve ...
J.P. Morgan Executives Say Regulators Should Approve IEX as Exchange
March 23rd, 2016
The country’s largest bank is siding with upstart market IEX Group Inc. in its effort to create a new stock exchange that pledges to be a haven for long-term investors. Executives at J.P. Morgan Chase & Co. say regulators should approve IEX’s ...
LME deploys Shield repository to support Belt and Road initiative
March 23rd, 2016
The London Metal Exchange (LME) today announces a strategic alliance with Henry Bath & Son Ltd, CMST Development Co Ltd and Mercuria Energy Trading to list warehouses for the LME’s new LMEshield repository in regions along China’s ‘The Belt ...
Deutsche Börse Managed Services and Solfia sign new customer for Software-as-a-Service platform
March 23rd, 2016
Deutsche Börse Managed Services and Solfia (Vermeg Group) recently signed a new customer: Contassur, a Belgian insurance company that manages the largest pool of pension funds in Belgium. Contassur will use the Vermeg Wealth/Institutional Management Software-as-a-Service (SaaS) Hub platform, ...
