Search Results for: Banks
Is Italy’s Referendum a move towards Italy’s EU Exit?
December 1st, 2016
The accepted wisdom is that Italy’s referendum on the 4th of December is a major political challenge to the integrity of the Eurozone, but do all analysts agree as some appear to be downplaying its importance? Italy’s referendum on ...
What the OPEC Production Cut Will Really Mean for Oil Prices
December 1st, 2016
Crude oil prices–and the shares of U.S. oil and gas companies–surged over 8% Wednesday as the Organization of Petroleum Exporting Countries (OPEC) agreed to cut its output by some 1.2 million barrels a day to end a global glut. ...
Trump’s election victory may boost Greek economy: Top Banker
November 28th, 2016
Trump’s election victory may boost Greek economy: Top Banker > Piraeus Bank chair George Handjinicolaou speaks in interview > Chairman declines to give timeframe for pending CEO pick Donald Trump’s election victory could spark spreading economic growth that lifts ...
Foreign Exchange and OTC Derivatives Market Turnover in Italy
November 28th, 2016
In April 2016 the Bank of Italy conducted the customary triennial survey of the volume of foreign exchange and OTC derivatives market transactions carried out by the major resident banks. The survey was performed by 52 central banks and ...
The economic consequences of Mr Modi
November 26th, 2016
Two weeks ago, India’s Prime Minister Narendra Modi demonetised an estimated 86% of rupees in circulation, offering conversion into a bank account or into smaller currency notes until 31 December, after which these notes will have no redemption value. ...
PwC comments on EU’s proposed changes to finalise Basel III and start implementing Basel IV
November 25th, 2016
Earlier this week , the European Commission published its first proposals for revised rules to calibrate capital and liquidity requirements – in the form of a Directive and a Regulation (“CRD V”& “CRR II”), as well as amendments to ...
German Finance Ministry Publishes Report on Fintech: Very High Growth in Recent Years
November 24th, 2016
The German Federal Ministry of Finance or Bundesministerium der Finanzen, has published a report on the emerging Fintech sector. The document, authored by Prof. Dr. Gregor Dorfleitner and Jun.-Prof. Dr. Lars Hornuf (with the assistance of Matthias Schmitt & Martina ...
Half Of The Population Of The World Is Dirt Poor – And The Global Elite Want To Keep It That Way
November 24th, 2016
Could you survive on just $2.50 a day? According to Compassion International, approximately half of the population of the entire planet currently lives on $2.50 a day or less. Meanwhile, those hoarding wealth at the very top of the ...
European Commission proposes new bankruptcy rules
November 24th, 2016
European Commission proposes new approach to business insolvency in Europe: promoting early restructuring to support growth and protect jobs The European Commission is for the first time presenting a set of European rules on business insolvency. Well-functioning insolvency and ...
STOXX Changes Composition Of Benchmark Indices
November 23rd, 2016
STOXX Ltd. today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index. Effective as of the open of ...
