Search Results for: Digital Asset
Saxo Bank published full year results for 2016; Operating income increased
March 20th, 2017
Saxo Bank Group publishes its 2016 full year results. The operating income for the Group in 2016 was DKK 2.9 billion up from DKK 2.1 billion in 2015. Clients’ collateral deposits grew to new historic highs with an increase ...
IBM Goes Live With First Commercial Blockchains
March 20th, 2017
Tech giant IBM is set to unveil what it’s calling the first “commercial application” of Hyperledger’s open-source Fabric codebase. Previously released in beta and scheduled for official release today, the offering – dubbed “IBM Blockchain” – is formally debuting in front ...
PwC’s Takeover of ‘The World’s Best Tax Law Firm’
March 17th, 2017
In a move that illustrates how the professional services market is changing, about half of General Electric’s tax department — once described as as ‘the world’s best tax law firm’ — is moving to PwC in April. Under the deal, about ...
Cryptocurrencies are getting more popular, but why someone to use them?
March 9th, 2017
Cryptocurrencies like Bitcoin, Litecoin or Ether are getting more popular among people as more companies tend to accept them as a mean of payments. Cryptocurrencies are not bound by geography or any Central Bank. Out there, exist over 3000 ...
First Global Fintech Fund for the Underserved
March 6th, 2017
The Accion Frontier Inclusion Fund, managed by Quona Capital, invests in companies that innovate to expand access to financial services to underserved consumers and businesses in emerging markets Three billion people around the world are underserved by the financial ...
Bitcoin prices touch fresh 3-year high
February 22nd, 2017
The price of a single bitcoin leapt to its highest level in more than three years on Tuesday, as traders bought up coins in anticipation of the Securities and Exchange Commission’s ruling on a proposed bitcoin exchange-traded fund. One ...
HSBC announced 2016 Results; $1.0bn share buy-back
February 21st, 2017
Strategic execution Completed a $2.5bn share buy-back following the sale of the Brazil business Further reduced our risk-weighted assets (‘RWAs’) during 2016 by $143bn as a result of extensive management actions, including the sale of operations in Brazil Generated ...
Bitcoin price falls on news of coming from China
February 9th, 2017
Bitcoin price falls as Chinese authorities meet with exchanges Bitcoin traders are once again fearful of a crackdown in one of the digital currency’s largest markets Bitcoin prices retreated Wednesday following reports that China’s central bank is holding a ...
ICICI Securities and Saxo Bank announce new partnership
February 7th, 2017
ICICI Securities Ltd, a subsidiary of ICICI Bank and India’s leading integrated financial services firm and Saxo Bank, the online multi-asset trading and investment specialist, today announce a strategic partnership to offer Saxo’s trading and investment capabilities via a ...
As Bitcoin ETF Nears, Analysts Warn of Trading Frenzy
February 7th, 2017
If the Securities and Exchange Commission approves a bitcoin exchange-traded fund next month, it might set off a speculative rush into bitcoin. An easily accessed ETF that tracks the value of bitcoin could cause money to flood into the ...
