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Euromoney:Private Banking and Wealth Management Survey 2016

February 25th, 2016 (1)
UBS Wealth Management voted best global private bank; revenue outlook dimmer this year; asset management competition heats up. In Euromoney’s 13th annual private banking survey for 2016, UBS Wealth Management has made its way back to the top of ...

Playtech: Results for the year ended 31 December 2015

February 25th, 2016 (0)
Playtech (LSE: PTEC) today announces its full year results for the year ended 31 December 2015, together with a trading update for the period to 22 February 2016. Financial highlights * Adjusted numbers relate to certain non-cash and one-off ...

Standard Chartered Drops After First Annual Loss Since 1989

February 24th, 2016 (0)
Loan impairments almost double to $4 billion, highest ever CEO Winters says performance to remain `subdued’ in 2016 Bill Winters took more “painful” steps to turn around Standard Chartered Plc as the bank posted its first annual loss since ...

Plus500 reports Preliminary Unaudited Results for 2015

February 17th, 2016 (0)
Preliminary Unaudited Results for the year ended 31 December 2015 Plus500, a leading international online trading platform provider for retail customers to trade CFDs, announces its preliminary unaudited results for the year ended 31 December 2015. Financial Highlights: Strong revenue growth due to ...

7 Asian Banks Investigating Bitcoin and Blockchain Tech

February 17th, 2016 (0)
Until recently, there was a noticeable lack of interest in bitcoin and the blockchain among the financial institutions of Asia. In fact, banks there were more likely to be issuing warnings about digital currencies than getting involved in any related activity. It was the fall of Mt Gox in ...

BetaSmartz Launches First Across-the-Board Automated Investment Platform

February 16th, 2016 (0)
BetaSmartz, the automated investment platform for all sizes of investors, from institutional to retail, launched today. BetaSmartz’s technology, based on six decades of Nobel prize-winning research and industry expertise, utilises a wide universe of investment products to create portfolios ...

Bank of Japan launches negative rates, already dubbed a failure by markets

February 16th, 2016 (0)
  The Bank of Japan‘s negative interest rates came into effect on Tuesday in a radical plan already deemed a failure by financial markets, highlighting Tokyo’s lack of options to spur growth as global markets sputter. The central bank, ...

Here’s what the future of bitcoin looks like — and it’s bright

February 15th, 2016 (0)
Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this ...

Nikkei surges 7%, Topix up 8.3%; China lose ground

February 15th, 2016 (0)
Asian stocks mostly climbed on Monday, with Japan shares surging after last week’s sharp selloff. But China’s shares lost ground as its markets re-opened after the week-long Lunar New Year holiday. The Nikkei 225 retraced losses some of Friday’s losses, jumping ...

FIS and PayPal Set Pace for Cardless Cash in the United States

February 12th, 2016 (0)
Key facts FIS and PayPal collaborate on technology that gives consumers access to their bank accounts with one touch from their smartphones at more than 2,000 ATMs today nationwide. FIS Cardless Cash makes getting cash more secure for consumers ...
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