Search Results for: banks
KPMG: Blockchain Could Be ‘Antidote’ to High Cost of Regulation
March 8th, 2016
As institutional interest in blockchain technology increases with bullish market predictions, professional services firms have been among a new wave of companies seeking to adapt existing products and services for the market. To date, Deloitte and PwC have been perhaps the most aggressive ...
Cyprus to Exit From Bailout Program
March 8th, 2016
Country follows Ireland, Spain and Portugal, despite not completing a final task Cyprus will successfully exit from its bailout program this month despite not completing one final task required by its creditors, eurozone finance ministers said Monday. The island-state’s exit ...
Spotware releases an out of the box Introducing Broker Program for cTrader
March 7th, 2016
Spotware Systems are pleased to announce the release of their one of a kind cTrader Introducing Broker Program. This feature is now available to all existing broker-clients for no additional charge and is available to all future brokers also ...
Economists warn of risks from negative interest rates
March 7th, 2016
Economists at a key central bank organization are warning of potential risks from the negative interest rates in place in Europe and Japan. Central banks in the eurozone, Denmark, Japan, Sweden and Switzerland have all taken rates below zero and ...
ISIS ‘making millions’ by gaming forex markets
March 4th, 2016
The militant group that calls itself Islamic State (ISIS) is exploiting national banking operations in Iraq and could be making up to $25 million a month in Middle Eastern money markets, according to experts. Speaking to a U.K. parliamentary ...
Japan’s Negative Interest Rates Are Even Crazier Than They Sound
March 3rd, 2016
Yesterday Japan’s government borrowed money on terms that require the lenders to pay rather than receive interest for ten years. And not only was that bond issue snapped up, it was vastly oversubscribed. This raises a lot of questions, ...
Businesses struggled from Asia to Europe in February
March 3rd, 2016
Global business growth slowed last month as services from Asia to Europe reported waning demand and little or no inflationary pressure, suggesting more central bank stimulus may be needed, surveys showed. Euro zone businesses had their worst month in ...
EBA publishes results of the CRDIV-CRR/Basel III monitoring exercise as of 30 June 2015
March 3rd, 2016
The European Banking Authority (EBA) published today its ninth report of the CRDIV-CRR/Basel III monitoring exercise on the European banking system. This exercise, run in parallel with the one conducted by the Basel Committee on Banking Supervision (BCBS) at ...
The Floor promises to connect Israeli fintech with China, Hong Kong and the rest of Asia
March 3rd, 2016
The new hub will open an R&D center, collaborative workspace and host events that will link Israel’s best in financial technology with investors and partners from Beijing to Singapore Israel is known for its financial and technological prowess. It’s ...
Swiss bank Credit Suisse warns the eurozone could collapse in case of a European recession
March 3rd, 2016
Credit Suisse recently warned the eurozone could collapse in the event of a fresh downturn or recession in Europe. Economists at the Swiss bank in a research note titled “Close to the edge” said the recession would unleash a ...
