Search Results for: banks
What about paying with your sunglasses?
February 6th, 2017
Because we carry our phones with us all the time that it makes sense to include mobile payment functionality on them. However what about those times it’s not convenient to bring our phones? Like at the beach or a ...
Royal Bank of Scotland to Pay $85 Million Penalty
February 6th, 2017
CFTC Orders The Royal Bank of Scotland to Pay $85 Million Penalty for Attempted Manipulation of U.S. Dollar ISDAFIX Benchmark Swap Rates In Total, the CFTC Has Imposed $570 Million in Penalties for Attempted Manipulation of ISDAFIX Benchmark The ...
Price controls and propaganda
February 5th, 2017
Most economists agree on one thing; price controls do not work. Many go on to say they create shortages of goods, which inevitably drives black market prices even higher than they would otherwise be. Price controls were last tried ...
Yen fell as the central bank moved to reassert control over rising yields
February 3rd, 2017
Shanghai shares slip as trading resumes after holiday Focus turns to U.S. jobs as investors seek clues on economy Japanese government bonds swung and the yen fell as the central bank moved to reassert control over rising yields, while ...
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 ...
Non-committal Fed drives down dollar, dampens stocks
February 2nd, 2017
The dollar slipped to a 12-week low on Thursday and stock and bonds markets both showed caution after the U.S. Federal Reserve stuck to its mildly upbeat view of the world but gave no hint on when it will ...
China Fintech Deals Double In 2016 While US, Europe Decline
February 2nd, 2017
Chinese investors continued aggressively investing in financial technology (fintech) last year, despite a slowdown in other major markets around the world. Fintech investments in China doubled during the first nine months of 2016 year-on-year, driven by major funding rounds ...
What a leaked EU report says for Brexit
February 2nd, 2017
The European commission’s Brexit negotiators must strike a “workable” deal with Theresa May’s government to protect the City of London or the economies of the remaining member states will be damaged, a leaked EU report warns. The document – ...
NASDAQ reports fourth quarter 2016 with record revenues
February 1st, 2017
NASDAQ reports fourth Quarter 2016 with record revenues1; announces segment realighment and rebranding of fixed income Net revenues were a record $599 million in the fourth quarter of 2016, up 12% year-over-year. Subscription and recurring revenues2 in the fourth ...
Multinational law firm launches alternative legal services platform
February 1st, 2017
Fieldfisher launches multi-product ALS platform with initial focus on the derivatives and securities financing markets. The European law firm Fieldfisher launches Condor Alternative Legal Solutions (Condor) – a multi-product alternative legal services platform and the brain-child of derivatives partner ...
