Search Results for: banks
Greece: Recap is key to next disbursements – Eurogroup meeting
October 2nd, 2015
Greece: Banking reforms that are necessary for the sector’s recapitalization are key to the disbursement of the first couple of bailout subtranches, say sources in Brussels, as the Euro Working Group is set to convene on Friday to draft ...
Wargaming Selects Computop to Cut Costs and Increase Reliability of International Payment Processing
October 2nd, 2015
Computop, a top payment service provider (PSP), has been selected by leading free-to-play developer and publisher Wargaming to process payments within Europe, the Middle East and North Africa. Following a strategic review of its payments partners to streamline, reduce ...
ECB: Results of the Euro Money Market Survey 2015
September 30th, 2015
Overall money market turnover in the second quarter of 2015 fell to the level of the same quarter of 2012, with a year-on-year decline of 12% to €69 trillion (compared with a revised 7% year-on-year rise in the second ...
Samsung Pay launches in the United States
September 29th, 2015
Only a few banks are available, and Verizon is still holding out Samsung Pay, the company’s answer to Apple Pay, has officially launched today in the United States after a month-long beta program. In theory, Samsung Pay should be an ...
Forex Scandal Drives Shift to Algo Trading
September 29th, 2015
Banks are increasingly turning to computer programs to carry out foreign exchange trades After paying billions in fines to settle allegations that traders tried to rig a key currency benchmark, banks are increasingly turning to computer programs to carry ...
Blockchain Identity: Solving the Global Identification Crisis
September 28th, 2015
Bitcoin and the underlying technology of the blockchain has become a pretty important invention of our time. The cryptocurrency application itself has given us a sketch of new meanings that apply to money and mediums of exchange. The blockchain ...
The Most Interesting Story In Gold
September 28th, 2015
Or: Gold Miners’ Doom Is Streaming Companies’ Boom. The gold and silver miners are in crisis, as metal prices hover around break-even for many and capital dries up for most. Dozens of companies are one or two quarters away ...
Document Reveals How Deutsche Bank Fires Traders With a ‘Thank You’
September 28th, 2015
E-mails show discussions on firing traders amid Libor scandal Internal script disclosed in filing to German regulators Deutsche Bank AG traders should be wary of calls that start with a thank you. “Thank you for making yourself available ...
From ZIRP to NIRP
September 25th, 2015
The sudden end of the Fed’s ambition to raise interest rates above the zero bound, coupled with the FOMC’s minutes, which expressed concerns about emerging market economies, has got financial scribblers writing about negative interest rate policies (NIRP). Coincidentally, ...
Oil unlikely to return to $100 a barrel for years
September 25th, 2015
Move would take major change in Saudi policy: Tom Kloza Traders said goodbye to $100 oil prices a little over a year ago, and they might be staying away even longer than some expect. West Texas Intermediate crude-oil prices ...
