Search Results for: Banks
European stocks open higher; ARM rallies 45% after Softbank bid
July 18th, 2016
European stocks traded higher led by a rally in ARM shares after Softbank tabled a $32 billion offer for the U.K. semiconductor giant and as investors digest a number of geopolitical events including the failed coup in Turkey. The ...
“Soon” And “Really, Really Crazy.”: Starting Up The Helicopters
July 14th, 2016
As the abject failures of the past few years’ monetary experiments became apparent, it was clear that something else would have to be tried. The only questions were when this would happen and how crazy the next iteration would ...
OpenDoor Becomes First Women-Owned Bond Trading Platform
July 14th, 2016
Following the closing of a $10 million investment round, OpenDoor Trading, LLC (“OpenDoor”) has become the first U.S. bond trading platform both majority-owned and majority-controlled by women. The funds will be used to support technology and business development of an innovative ‘all-to-all’ ...
Gold eases ahead of BoE policy
July 14th, 2016
Gold slipped on Thursday after rising nearly 1 percent in the previous session, as the dollar firmed and Asian stocks stayed near eight-month highs on expectations of an interest rate hike by the Bank of England. Investors bet the ...
Asian Equity Rally Loses Momentum With Oil Near $45; Pound Gains
July 14th, 2016
Japan’s Topix climbs, yen falls amid talk of helicopter money Sterling rises before forecast cut in U.K. interest rates The rally that drove Asian stocks to levels last seen in April showed signs of flagging as investors awaited details ...
Revolut breaks UK crowdfunding record with over £12 million pledged
July 13th, 2016
Money transfer fintech startup Revolut attracted over £10 million in pledges just ten hours into a seven-day crowdfunding round aimed at raising £1 million. By Tuesday evening, Revolut pledges had already hit £12.9 million from 6,627 people, all registered ...
Asian shares near 2016 highs as risk appetite improves
July 13th, 2016
Asian shares came within reach of their 2016 highs on Wednesday as prospects of solid U.S. growth and accommodative economic policy in major markets whet investors’ risk appetite damaged by uncertainty from Brexit. Spread betters expected European shares to ...
Gold Snaps Two-Day Loss
July 13th, 2016
Gold climbed, snapping a two-day loss, as investors took advantage of the decline to boost positions even as global equities extended an advance. Silver in China traded near the highest level in almost three years. Bullion for immediate delivery ...
London Stock Exchange launches online private placement platform
July 12th, 2016
ELITE Club Deal will offer over 400 ELITE companies the opportunity to connect to institutional investors, private equity, VCs and other professional investors ELITE Club Deal enhances the range of business support services offered to ELITE companies from financial ...
Allied London announced plans for the “Vault”; a new enterprise space for FinTech Startups
July 12th, 2016
Allied London champions finance and technology as it unveils ‘The Vault’ XYZ, the landmark workspace building currently being developed by Allied London at Spinningfields, has announced plans for ‘The Vault’, a 20,000 sq ft floor-plate co-work hub. The Vault ...
