Search Results for: RBI
India: People can deposit their gold in banks and earn interest on it
October 29th, 2015
Attention, Indians! Your gold will soon earn money for you Earlier in the week, the RBI issued norms for implementation of the gold monetisation scheme, under which customers can deposit their gold in banks and earn interest on it. ...
Cyprus Bar Association face price-fixing challenge following a formal legal complaint
October 27th, 2015
A formal legal complaint against the Cyprus Bar Association at the European Competition Commission is planned by an organisation that is challenging the price-fixing of lawyers’ fees in Cyprus for out-of-court cases. A NEW organisation calling itself ‘Fairness in ...
Why We’re Ungovernable, Part 11: Portugal Stages A Coup
October 26th, 2015
Wow. Portugal just did something extraordinary. In its most recent election, parties of the left — anti-austerity, anti-business, mistrustful of the euro and other extra-national institutions — gained a parliamentary majority, which gives them the right to form a ...
Google Profit, Sales Top Estimates on Robust Web Traffic
October 23rd, 2015
More volume, stable ad prices and cost controls fuel results Company announces new $5.1 billion share buyback program Google parent Alphabet Inc. sold more ads and kept costs under control, fueling better-than-projected sales and profit in the latest quarter. ...
Deutsche Bank, Credit Suisse Set to Scale Back Global Ambitions
October 20th, 2015
Regulation, interest rates, economy curbing profitability U.S. firms are grabbing greater share of investment bank fees Europe’s last global banks are caving in to pressure from regulators and preparing to tell investors just how much their aspirations will shrink. ...
Silver as money
October 16th, 2015
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, ...
London Stock Exchange Introduces New MifID II-Ready Trading Enhancements for Block Trades
October 15th, 2015
Latest innovation to facilitate Large-in-Scale block trading New functionalities create MiFID II compliant dark liquidity for block trades on the SETS orderbook Part of wider LSEG strategy to provide MiFID II-ready solutions London Stock Exchange today announced the introduction of new ...
KPMG hiring people with experience of implementing blockchains such as Ripple
October 13th, 2015
Big Four professional services firm KPMG is hiring people with experience of working with distributed ledger offerings such as Ripple, in order to help clients select and implement the right technology. David Montes, a managing director in the Financial ...
ETFs are the next frontier for liquid alternatives
October 12th, 2015
Mutual funds have been the go-to wrapper for alternative strategies, but that’s changing To investors, State Street Global Advisors might be best known as the firm behind the plainest of plain-vanilla investment products: the SPDR S&P 500 ETF (SPY). The exchange-traded ...
Bitcoin exchange Cubits launches instant no-fees crypto donation service for refugees arriving in Germany
October 7th, 2015
German bitcoin exchange and wallet provider Cubits is offering a charitable donation service in Bitcoin, to help deal with the current refugee crisis in Europe – minus credit card transaction fees. Cubits has done tie-ups with four refugee charities ...
