Search Results for: banks
Former Citi trader tells court information-sharing was common practice: Update
September 9th, 2015
A former Citigroup foreign exchange trader claiming unfair dismissal after a currency rigging scandal told a London court on Tuesday that the activities for which he was fired were common practice at the U.S. bank at that time. Perry ...
Google and Samsung sign up for MasterCard express tokenisation programme
September 9th, 2015
Google and Samsung are among the first mobile wallet providers to join up to MasterCard‘s newly launched Digital Enablement Express programme, which aims to speed up the process of onboarding banks and rolling out tokenised payment services. Express allows ...
AMF: list update of unauthorised websites offering binary options trading
September 9th, 2015
The AMF is publishing a new updated list of websites offering binary options trading, for which no authorised investment services provider could be clearly identified. The Autorité des Marchés Financiers (AMF) is once again warning retail investors against aggressive ...
Why the Market Could Soar From Here
September 8th, 2015
Does the Fed really have a choice, given that the game is now for all the marbles? We all know the global economy is slowing, so why would stocks soar from here? The basic answer was articulated by Chris ...
Bloomberg And Traiana Develop Solution For FX Options Post-trade Processing
September 8th, 2015
Bloomberg STP Solutions, a global cross-asset, post-trade processing provider, and Traiana, the leading provider of pre-trade risk and post-trade processing solutions, today announced a joint effort to develop a straight-through processing infrastructure to further streamline the workflow of foreign ...
INTL FCStone Ltd Appointed by Bank of America Merrill Lynch to Broaden FX Payments Capabilities
September 8th, 2015
INTL FCStone Inc. (Nasdaq:INTL), today announced that its London-based subsidiary, INTL FCStone Ltd.’s (IFL) Global Payments division, will provide Bank of America Merrill Lynch with international payments coverage and third-party delivery services in more than 70 exotic currencies via ...
Former Citi FX trader set to challenge dismissal in London court
September 8th, 2015
A former Citigroup foreign exchange trader is to challenge his dismissal at a London court on Tuesday, potentially the first of many such cases in the wake of the currency market rigging scandal. Perry Stimpson, who was an FX ...
Barclays has two blockchain ‘labs’ in London and is planning 45 experiments with the technology
September 7th, 2015
Like pretty much every other major bank at the moment, Barclays is very interested in the potential of the blockchain, the technology that underpins bitcoin. The Sunday Times reported this week that Barclays is planning to let charities accept bitcoin later ...
China FX reserves fall record $93.9 bln in Aug as central bank supports yuan
September 7th, 2015
Global investors are bracing for data this week that could show a big drop in China‘s foreign exchange reserves as the central bank steps up its intervention to stabilise the yuan currency after its shock devaluation last month. China ...
Bye Bye Brazil
September 7th, 2015
For about a decade there, Brazil was the Latin American country that got it right. Under a socialist but apparently reasonable government they kept their budgets under control, managed the population shift from farm to city, and developed some ...
