Search Results for: IG Group
Goldman Sachs Drops Out of R3 Blockchain Group
November 22nd, 2016
Goldman Sachs Group Inc. has dropped out of the R3 CEV LLC blockchain group. The investment bank was one of nine original members of R3, founded in 2014 to explore the use of the distributed database technology in Wall Street infrastructure. ...
Asia stocks at one-week highs on U.S. cues; oil jumps
November 22nd, 2016
Asian stocks rose to one-week highs, helped by solid overnight gains on Wall Street, though investors were wary of chasing prices higher until President-elect Donald Trump picks his economic team. Oil extended gains. Crude oil climbed in Asian trading ...
FC Barcelona Signs Up Rakuten in $235 Million Jersey Deal
November 17th, 2016
Four-year agreement with Japanese firm among sport’s biggest Internet company’s logo will replace Qatar Airways next season Japanese e-commerce giant Rakuten Inc. is paying 220 million euros ($235.4 million) to emblazon its logo on the FC Barcelona soccer team’s ...
Brexit Triggers Office Oversupply Fears in London
November 16th, 2016
Barclays Plc is planning to reduce 25% of its London office space, a trend that could intensify as companies fret the Brexit blowback. According to sources familiar with the matter, Barclays is planning to sublease its existing offices in ...
CME Group CEO Announces Retirement
November 11th, 2016
CME Group CEO Phupinder Gill Announces Retirement; Board Expands Role of Terry Duffy to Chairman and CEO; Appoints Bryan Durkin as President CME Group announced that its Chief Executive Officer Phupinder Gill has informed the Company’s Board of Directors that ...
The Government of Jersey tightens Beneficial Ownership
November 8th, 2016
The Government of Jersey has released a policy document detailing an enhanced policy on Beneficial Ownership and a Register of Directors. Further to a public consultation earlier in 2016, the policy document details the further development of a domestic policy ...
Barclays’s 25% London Office Space Cut Signals Glut Threat
November 2nd, 2016
Space being cut in London is equivalent of about 5,000 desks Tenants are getting upper hand in rental talks, Jefferies says Barclays Plc’s decision to cut 25 percent of its London office space highlights the growing risk that tenants will ...
Oil prices retreat on expectations for a big jump in U.S. supply
November 2nd, 2016
Crude-oil futures retreated in early Asian trade Wednesday on expectations that U.S. crude inventories were bolstered significantly last week, exacerbating the global glut that has kept prices in the doldrums for over two years. On the New York Mercantile ...
Multinational law firm turns to Artificial intelligence to meet clients’ needs
November 1st, 2016
When international clients contact King & Wood Mallesons to ask whether a deal requires Foreign Investment Review Board approval, its lawyers turn first to a computer to generate a response, rather than relying simply on human brainpower. Artificial intelligence ...
Japanese Financial Institution Set to Launch a Digital Currency Exchange
October 31st, 2016
Japanese financial services group SBI is set to launch a platform that enables the trading and exchange of virtual currencies, citing increasing interest in virtual currencies like bitcoin which is proving popular among everyday investors. An announcement reveals the new company to be ...
