Search Results for: Banks
Asia stocks follow US in sharp sell-off
February 3rd, 2016
Asian stocks traded sharply lower on Wednesday, after Wall Street sold off as much as 2 percent overnight amid a plunge in oil prices. Japan’s Nikkei 225 dropped 3.36 percent, while the Topix fell 3.46 percent. Across the Korean ...
cTrader Web Update February 2016
February 3rd, 2016
Spotware Systems announce the completion of cTrader Web updates for all supporting brokers. These exciting features are now available to all traders inside cTrader Web next time they visit the application. “We are very excited to announce our first ...
Cypriot bank deposits rise in December 2015
February 1st, 2016
Total deposits in Cypriot banks recorded in December 2015 a net increase of €203,0 mln, compared with a net decrease of €67,9 mln in November 2015. According to data by the Central Bank of Cyprus, the annual growth rate ...
HSBC to freeze salaries, hiring in 2016 in battle to cut costs
February 1st, 2016
Europe’s largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016, two sources familiar with the matter told Reuters. An email was sent to staff on Friday detailing the latest cost-saving measures, according ...
Welcome To The Currency War, Part 21: Japan Goes Negative; US To Return Fire In 2016
February 1st, 2016
Well that didn’t take long. Two weeks of falling share prices and the European and Japanese central banks caved. First the ECB promised new stimulus — which the markets liked — and then the BoJ upped the ante with ...
BaFin has published a report on FinTechs: Young IT companies on the financial market
February 1st, 2016
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) of Germany, has published a report on the topic FinTechs: Young IT companies on the financial market. According to BaFin, an internal BaFin project group started work on the topic ...
Bank of America is going big on blockchain
February 1st, 2016
Bank of America is trying to steal a march on the latest developments in the technology behind digital currency bitcoin by loading up on blockchain-related patents. Blockchain works like a huge, decentralized ledger for the digital currency bitcoin which ...
The Need for an Entrepreneurial Ecosystem
February 1st, 2016
I participated recently in an entrepreneurial educational field trip to Athens that is organized by CIIM’s Entrepreneurship and Innovation Center (ENTICE). This is part of a series of educational field trips that CIIM’s organizes every year (includes a second ...
Deloitte UK launches a new regulatory and investor reporting managed service
February 1st, 2016
Deloitte UK launches Prisma, a new regulatory and investor reporting managed service The service supports global regulatory requirements, including new PRIIPs regulation. Deloitte, the business advisory firm, today launches Prisma, which helps investment managers, banks and insurance firms to ...
Asia trades mixed after data shows January fall in China factory activity
February 1st, 2016
Asia markets traded mixed Monday afternoon, with major indexes in Australia, Japan and South Korea extending gains after the Bank of Japan’s (BOJ) surprise move into negative interest rates on Friday sent stocks higher from Tokyo to New York. ...
