Search Results for: BVI

Former Rabobank traders convicted in U.S. over Libor rigging

November 9th, 2015 (0)
A federal jury found two former traders at Rabobank guilty of fraud on Thursday in the first U.S. trial arising from a global investigation into manipulation of Libor, the leading benchmark for pricing financial transactions around the world. ...

Egypt can’t rely on cash-strapped Saudi Arabia

November 5th, 2015 (0)
Egypt is running low on cash. And this time, oil-rich friends like Saudi Arabia may not be able to come to its rescue. Egypt‘s lack of cash is threatening its ability to mount an economic comeback from the turmoil ...

Bitcoin’s price jumps more than 70% in one month

November 4th, 2015 (0)
Bitcoin, the world’s most popular digital currency, has been on a roll — but no one is really sure why. After dipping well below $200 in January, bitcoin traded at more than $410 Tuesday afternoon before cutting some of ...

Mario Draghi Interview: We must propose a way forward to Europeans

November 2nd, 2015 (0)
Interview with Il Sole 24 Ore Interview with Mario Draghi, President of the ECB, conducted by Alessandro Merli and Roberto Napoletano, published on 31 October 2015 President Draghi, in Malta last week, you stressed the downside risks for both ...

London is #1 EU tech city – but Nesta warns on cost of living

October 26th, 2015 (0)
London has topped Nesta’s index of top EU tech cities for both starting and scaling up – that’s despite it coming last out of 35 cities on the measurement of its cost of living. The team at Nesta consulted ...

MiFID II – the road ahead

October 22nd, 2015 (0)
The financial Conduct Authority (FCA), the financial regulator of UK, has published a Speech by David Lawton, Director of Markets Policy and International, FCA, delivered at the FCA MiFID II Conference, London. David Lawton, Director of Markets Policy and ...

London Wants to Become the Center of Chinese Currency Trading

October 20th, 2015 (0)
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had “seriously damaged” relations by meeting with the Dalai Lama, the ...

Silver as money

October 16th, 2015 (0)
Gold is money, admittedly not often circulating as such today. Fiat currencies issued by governments have driven gold out of circulation. But where does this leave silver? Money-substitutes, bank notes and bank deposits, were originally backed by physical silver, ...

Asian shares rise to two-month highs, dollar gains on U.S. data

October 16th, 2015 (0)
Asian shares hit a two-month high on Friday, catching some of Wall Street’s shine after upbeat U.S. price and jobless claims data calmed some concerns about the strength of the U.S. economy. MSCI’s broadest index of Asia-Pacific shares outside ...
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