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Euro’s Drop Muted as Currency Builds Resistance to Greek Turmoil

July 13th, 2015 (0)
The euro seems to be building up some resistance to Greek turmoil, even as it opened weaker for a third straight Monday amid the latest debt impasse. Today’s drop at the start of Asian trading was smaller than its ...

Orderly Grexit Poses a Puzzle for EU Lawyers Gaming Out Doomsday

July 10th, 2015 (0)
Grexit on Sunday? Not so fast, say the lawyers. Even if the creditors pull the plug, Greece will remain legally part of the euro zone on Monday. It could hang on in a half-out, half-in state indefinitely, creating legal ...

CySec: Withdraw of CIF authorisation

July 10th, 2015 (0)
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has issued an announcement informing that: On its meeting of 6 July 2015, has decided, pursuant, of section 25(1), subparagraphs (b) and (c) of the Investment Services ...

Visa: Bitcoin Has a Future in Payments

July 10th, 2015 (0)
Large existing payments companies are “lowering the drawbridges” and working more openly with new players in the space, according to a Visa executive. Jonathan Vaux, executive director of new digital payments and strategy at Visa Europe, was speaking at WIRED Money, held ...

The Neo-Marxist Threat to National Economies

July 10th, 2015 (0)
The theatricals and melodrama of the current Greek crisis mask a far more serious issue than mere political entertainment. The self-created sequence of threats to Greece i.e. sovereign debt default, bankruptcy, Eurozone exit and relegation to the status of ...

Capital Markets Union should ease cross-border investment and finance for SMEs

July 10th, 2015 (0)
The EU Capital Markets Union (CMU) should provide a new, more efficient way to channel savings into small business ventures and protect cross-border investors in the EU, says a non-binding resolution voted on Thursday. MEPs want CMU building blocks, ...

Justice Department Announces Two Banks Reach Resolutions under Swiss Bank Program

July 10th, 2015 (0)
Banque Pasche SA Will Pay $7.229 Million Penalty and ARVEST Privatbank AG Will Pay $1.044 Million Penalty; Both Continue to Cooperate With Department of Justice The Department of Justice announced today that two banks, Banque Pasche SA and ARVEST ...

Greece debt crisis: Eurozone receives economic reform plan

July 10th, 2015 (0)
The Greek government has submitted economic reform proposals to try to secure a further bailout from its creditors, eurozone officials say. They say they received the plan late on Thursday – just two hours before a midnight deadline. They ...

FxPro announced its execution and slippage statistics for Q2 2015

July 9th, 2015 (0)
FxPro maintains its commitment to transparency and has issued a press release to announce its execution and slippage statistics for Q2 2015. The company states that, the publication of the trading metrics constitutes part of FxPro’s ongoing effort to ...

Blackwell Global Fortifies China Presence With Beijing Office

July 9th, 2015 (0)
Blackwell Global, one of the fastest growing online forex brokerages worldwide, is fortifying its presence in China, officially adding Beijing to its existing Shanghai branch, located in the heart of Beijing’s financial district. Blackwell Global has been on the ...
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