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Coutts’ sale shows the politics of banking – Bottom Line

August 12th, 2014 (0)
The biggest surprise about RBS considering selling the international units of its private bank Coutts is that it has not already flogged them. Since the crash and subsequent bailout, RBS has been cutting back to focus on UK retail ...

Comments and Petitions: How the BitLicense Will Affect the Future of Bitcoin

August 11th, 2014 (0)
When Ben Lawsky and the NYDFS met with key players in the Bitcoin community earlier this year, there were many questions of what the committee would propose and how it would affect Bitcoin entrepreneurs, businesses and the future of ...

The Tricks of China’s Trade

August 11th, 2014 (0)
Last year, China ostensibly reached another milestone in its meteoric rise, surpassing the United States to become the world’s largest trading country, with its total trade turnover valued at CN¥25.83 trillion ($4.16 trillion). But this achievement is largely illusory ...

SRA approves first council ABS licence

August 8th, 2014 (0)
The Solicitors Regulation Authority has granted a first alternative business structure licence to a local authority. Buckinghamshire Law Plus Limited will be licensed to undertake litigation and probate services, among other reserved activities. The entity, which has been planned ...

GSK-linked investigators stand trial in China – closely watched case

August 8th, 2014 (0)
A British investigator and his American wife will stand trial in Shanghai on Friday in a case that is seen as key to a bribery investigation against GlaxoSmithKline Plc. Peter Humphrey and his colleague and wife Yu Yingzeng, who ...

Chinese banks get serious – risk of bad debts swell

August 8th, 2014 (0)
Chinese banks are scrambling to get on top of bad debts they have downplayed for years, cutting off riskier borrowers and further tightening lending terms. China’s banks keep reporting bad loan levels well below what most analysts consider realistic, ...

Technical Analysis USD/CHF stalls at 0.91

August 8th, 2014 (0)
Technical Analysis USD/CHF for August 08, 2014 Pair’s Outlook USD/CHF remains unable to cross 0.91, as it keeps getting pushed back after every attempt to get closer to the 2014 high. And while the daily indicators are still optimistic, ...

Accountant accused for client’s NIC oversight

August 8th, 2014 (0)
Self-employed Sean Murphy has been accused of not paying any Class 2 National Insurance contributions from 1995 until 2012 because he had not told the then Department of Social Security of his self-employment. The trial will rule as Murphy ...

Intercontinental Exchange acquires trading technology patents

August 7th, 2014 (0)
Intercontinental Exchange (NYSE:ICE), the leading global network of exchanges and clearing houses, announced today that it has acquired intellectual property rights that relate to computerized trading strategies. The acquired intellectual property rights include U.S. Patent Numbers 7,177,833; 7,251,629; 8,498,923; ...

Are banks looking at a shrunken future?

August 7th, 2014 (0)
Amid the hundreds of billions of bad-credit write-downs and the multibillion- dollar settlements with government watchdogs since the 2008 financial collapse, it’s easy to lose sight of what good shape banks are in. The leftover business from the crash ...
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