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ASIC permanently bans financial adviser

February 15th, 2016 (0)
ASIC has permanently banned Mr Darren Wise, of Rhodes, NSW, from providing financial services. The ban follows an ASIC investigation and criminal action against Mr Wise which resulted in him pleading guilty, in the Maroochydore Magistrates Court, to three ...

Here’s what the future of bitcoin looks like — and it’s bright

February 15th, 2016 (0)
Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this ...

The Schism Over Bitcoin Is How Bitcoin Is Supposed to Work

February 12th, 2016 (0)
THE BITCOIN COMMUNITY can’t even agree on whether it’s breaking up. Last month, Mike Hearn—an ex-Googler and one of the biggest names working on the software underpinning bitcoin—made more than a few headlines when he called the digital currency “a failed ...

Wall Street Trading Desks Upgradng Technology – And The Sales Traders That Use It

February 10th, 2016 (0)
A new breed of Wall Street sales trader is using increasingly sophisticated technology to preserve fixed income trading revenues and profits in a market defined by capital requirements and other regulations that squeeze margins, depressed trading volumes and historically ...

The five fears stalking the global banking industry

February 10th, 2016 (0)
China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year Banking shares have come under pressure this week as investors express fears that the sector will be badly hit by a global ...

How Six Brokers Walked Free After Unraveling of U.K. Libor Case

February 9th, 2016 (0)
Witnesses fail to convince, jury acquits local defendants Loss in complex case seen a major setback for regulators The first signs of trouble for prosecutors came about three weeks into the trial. Their witness was a government investigator called ...

Australia, Japan sell-off amid global rout; Nikkei drops 5.4%

February 9th, 2016 (0)
Australian and Japanese markets closed sharply lower on Tuesday, after another sell-off in U.S. and European stocks overnight as many Asian markets remained shut for the Lunar New Year. China and Taiwan are closed for the week, while markets ...

Bitcoin: A 21st Century Currency Explained By a Wall Street Veteran

February 8th, 2016 (0)
Jason Leibowitz is a former Wall Street professional who pivoted careers in 2014 to focus full-time on digital currency. In this paper, Leibowitz answers questions about how bitcoin was created, how it works and why it matters.   It has been ...

CMA publishes issues statement in Ladbrokes/Coral merger

February 5th, 2016 (0)
The UK’s primary competition and consumer authority, the Competition and Markets Authority (CMA), has issued a press release to make publish the issues statement as part of its investigation into the anticipated merger between Ladbrokes and certain businesses of ...

Asia markets trade mixed as Nikkei extends losses

February 5th, 2016 (0)
Asian markets came under pressure on Friday, despite a positive finish on Wall Street overnight, as a newly weaker dollar brought fresh concerns. “The U.S. dollar basket has lost 3.2 percent since the close on Friday and 2.3 percent ...
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