Search Results for: Financial Stability Board
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
Deutsche Börse to launch Sustainable Finance Initiative
March 21st, 2017
Deutsche Börse will be launching the Sustainable Finance Initiative in Frankfurt. The aim is to establish new interdisciplinary structures for sustainable entrepreneurship along with some 100 of the financial centre’s key participants in order to explore new business areas. ...
HSBC appoints Group Chairman
March 13th, 2017
HSBC appoints Mark Tucker to succeed Douglas Flint as Group Chairman HSBC Holdings plc announces the appointment of Mark Tucker as a director and Group Chairman Designate from 1 September 2017. Mr. Tucker will take over as non-executive Group ...
Why All Exchange Rates Are Bad
March 2nd, 2017
The economics of exchange rates can be tough sledding. Every now and then, I post on the bulletin board beside my office a quotation from Kenneth Kasa back in 1995: “If you asked a random sample of economists to ...
Will South Africa issue a national digital currency?
February 15th, 2017
The South African Reserve Bank (Sarb) is open to issuing a national digital currency, which would likely be based on Blockchain or Distributed Ledger Technology (DLT). “If we go the route of issuing a digital currency, the objective would ...
The honeymoon is over: Wall Street is finally taking Trump literally
February 2nd, 2017
By itself, the 230-point drop in the Dow Jones Industrial Average DJIA, -0.16% this week wasn’t earth shattering: 1% gains and losses happen all the time. But the clattering sound accompanying it wasn’t hard to diagnose: It was the ...
CFTC Chairman Timothy Massad Announces Resignation as Chairman
January 4th, 2017
Chairman Timothy G. Massad today said he has tendered to President Obama his resignation as Chairman of the U.S. Commodity Futures Trading Commission, effective on January 20, 2017. Mr. Massad issued the following statement: “For the past two and ...
ACCA published 3 key priorities for accountancy profession success in 2017
December 28th, 2016
ACCA (the Association of Certified Chartered Accountants) has published a checklist of 3 key priorities that will underpin the success of the accountancy profession in 2017. John Williams, head of ACCA UK, says that the focus on skills in ...
A Baht-Yuan cross-currency settlement system using blockchain technology
December 19th, 2016
KASIKORNBANK, in cooperation with International Business Settlement Co., Ltd. (IBS), a Chinese FinTech giant, has developed a real-time Sino-Thai settlement system based on the Next Generation Settlement Network (NGSN) which helps save time and costs while providing the utmost ...
Alpari opened up a new global headquarters in Mauritius
October 26th, 2016
The global financial brand Alpari opened a new international headquarters on 25 October, 2016 in the macro-region which encompasses the countries of Southern Africa and the Indian Ocean basin. The company’s main office is situated in the business ...
