Central Bank of Greece forecast a strengthening of growth for 2017
December 16th, 2016
Today, in accordance with its Statute, the Bank of Greece submitted its Interim Report on Monetary Policy 2016 to the Speaker of the Greek Parliament and the Cabinet. Progress with the implementation of the programme and with economic recovery ...
BDO reports Global revenues rise to US$7.6 billion
December 15th, 2016
FY16 global revenues up by 8% High number of strategic mergers – over 30 network-wide Commitment to digital transformation delivering leading-edge services to clients Growth spearheaded by BDO firms in US (+12%) and China (+13%) Long-term investment in ...
KPMG overcomes gloomy backdrop with 8% revenues jump
December 14th, 2016
Accountancy major KPMG International has booked a solid hike in full-year revenues despite what it described as a “challenging” business environment across Europe, the Middle East and Africa. Latest results revealed that global turnover topped $25.4 billion (£20bn) in ...
UniCredit to raise billions and cut 14,000 jobs
December 13th, 2016
UniCredit, Italy’s biggest bank, is planning to raise €13bn (£10.9bn) and cut 14,000 jobs over the next two years in a bid to return to financial health. The bank plans to use the record rights issue to help remove ...
Gold price forecast for 2017 is lowered
December 12th, 2016
Credit Suisse Group AG (CS) analysts recently lowered their 2017 gold forecast, pointing to slowing sales of exchange-traded funds (ETFs) and speculation surrounding how the election could impact interest rates. These analysts cut their full-year forecast to $1,338 per ...
Bitcoin hits highest levels in almost three years
December 12th, 2016
Web-based digital currency bitcoin hit its highest levels in almost three years on Friday, extending gains since India sparked a cash shortage by removing high-denomination bank notes from circulation a month ago. Bitcoin was trading as high as $774 ...
138 million Europeans are financially cut off from society – without a bank account or payment methods
December 12th, 2016
Mastercard on December 12 announced findings from new research into those who are financially excluded across Europe, finding a third (33%) are employed full time and 35% are aged 18-34. 138 million Europeans are financially cut off from society ...
FCA proposed new rules on loan-based and investment-based crowdfunding
December 10th, 2016
Based on a review of the feedback received, issues seen during the supervision of crowdfunding platforms currently trading and consideration of applications from firms seeking full authorisation, the FCA believes it is appropriate to modify a number of rules ...
CUSTOMER SUPPORT OFFICERS
December 9th, 2016
New Customer Support Officers: ITALIAN, FRENCH, POLISH, HUNGARIAN, CZECH, DANISH, ARABIC, SPANISH, PORTUGUESE, GERMAN SPEAKERS: Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and ...
IBM Debuts Blockchain Ecosystem
December 9th, 2016
IBM Debuts Blockchain Ecosystem To Help Accelerate Growth of Networks on Hyperledger Fabric Blockchain has the potential to transform the way industries conduct business transactions. This will require a complete ecosystem of industry players working together, allowing businesses to ...
