Search Results for: EU commission
Asian stocks and Japanese Yen fell; The main moves in financial markets
October 19th, 2018
Asian stocks posted further losses Friday after another slide in the U.S. overnight. China’s equities reversed losses after verbal intervention by the nation’s top financial regulators, who assured they’ll keep financial risks under control. The MSCI Asia Pacific Index ...
British pound is facing continued pressure on Friday morning
October 12th, 2018
The British pound is facing continued pressure on Friday morning after Liam Fox, Michael Gove and Dominic Raab spoke out against the UK PM at a senior ministers Brexit meeting in Downing Street last night. The Pound to Euro ...
U.S. and Australian financial regulators sign FinTech Cooperation Arrangement
October 8th, 2018
The U.S. Commodity Futures Trading Commission (CFTC) and the Australian Securities and Investments Commission (ASIC) signed an arrangement to cooperate and support innovation through each other’s financial technology (FinTech) initiatives – CFTC’s LabCFTC and ASIC’s Innovation Hub. “The signing ...
Is money-laundering scandal at Danske Bank the largest in history?
September 27th, 2018
The Russian-speaking caller refused to give a name but the threat was explicit: “Do you really feel you can walk home safely at night?” It was 2013 and officers at the Estonian branch of Danske Bank were beginning to ...
Hedge funds are betting big against sterling
September 25th, 2018
Hedge funds are betting big against sterling, the most since May last year. And following last week’s Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest on record. Funds and speculators ...
iSignthis announced acquisition of Probanx Information Systems
September 19th, 2018
Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX : ISX | FRA : TA8), the leading payment and identity technology company (the “Company”), is pleased to announce that it has completed acquisition of 100% of ...
FINMA finds deficiencies in anti-money laundering processes at Credit Suisse
September 19th, 2018
The Swiss Financial Market Supervisory Authority FINMA has concluded two enforcement procedures against Credit Suisse AG. In the first procedure, FINMA identified deficiencies in the bank’s adherence to anti-money laundering due diligence obligations in relation to suspected corruption involving ...
Cryptocurrency ether plunges again, decoupling from bitcoin
September 13th, 2018
Ether, one of the best-performing cryptocurrencies during the boom last year, is taking another nose dive on Wednesday. The world’s second largest cryptocurrency fell 8 percent to a low of $170.34, bringing its drop since the high in January ...
Bitcoin crash: This man lost his savings when cryptocurrencies plunged
September 12th, 2018
An estimated $400 billion has been wiped off the value of major cryptocurrencies since January. Sean Russell’s life savings were among them. Russell rarely played the stock market and had little investing experience when he put around $120,000 into ...
Bitcoin dropped sharply falling $500 in just over an hour; Other cryptos fell even more sharply
September 6th, 2018
Cryptocurrency prices plunged across the board suddenly and sharply Wednesday morning, seemingly with no clear reason. Having been steady at about $7,350 a coin during most of trading during both Asian and European morning hours, bitcoin lost more than ...