Search Results for: Banks
4 Harbingers Of Stock Market Doom That Foreshadowed The 2008 Crash Are Flashing Red Again
November 12th, 2015
So many of the exact same patterns that we witnessed just before the stock market crash of 2008 are playing out once again right before our eyes. Most of the time, a stock market crash doesn’t just come out ...
FirstRand joins CLS as new settlement member
November 12th, 2015
CLS Group (CLS) and FirstRand issued an announcement to inform that FirstRand joined CLS as a settlement member. Founded in 1998, FirstRand is one of the most important financial institutions in South Africa and the wider sub-Saharan region. It ...
Greece: Now the crisis threatens to erupt again – Creditors withhold some €12 billion in funds promised
November 12th, 2015
Greece’s Quiet Crisis Support for supply-side reforms remains as elusive as ever Maybe Athens can’t help itself. No sooner had Alexis Tsipras’s government agreed to a last-minute deal to save the Greek economy from collapse than it began backsliding ...
Citibank’s new UAE customers will now need to keep more than 10 times as much money in bank accounts
November 12th, 2015
Citibank’s new UAE customers told to have Dh35,000 minimum account balance Citibank said new customers in the UAE will now need to keep more than 10 times as much money in bank accounts than previously required as it focuses ...
What Morgan Stanley will do to boost profit
November 12th, 2015
Exclusive: Morgan Stanley turns to stodgy bank accounts to boost profit Morgan Stanley, (MS.N) better known for underwriting bonds than for retail banking, plans to offer savings accounts and certificates of deposits next year to wring more profit from ...
Well of History: A brief history of the means of payment
November 11th, 2015
How to buy, sell and pay your debts? Almost as old as humanity itself, the means of payment has seen an acceleration in its history with the development of computers and new information technologies. An evolution that BNP Paribas has ...
‘Brexit’ Wouldn’t Be Disaster for U.K., Says UBS Chairman
November 11th, 2015
Axel Weber said Britain would probably get a good deal if it voted to leave The chairman of one of Europe’s biggest banks said Tuesday that if the U.K. decided to leave the European Union it probably wouldn’t deal ...
JPMorgan’s 2014 Hack Tied to Largest Cyber Breach Ever
November 11th, 2015
Online gambling, bitcoin scam, money laundering among charges Hackers took data on 100 million customers, U.S. alleges The U.S. described a vast, multi-year criminal enterprise centering on hacks of at least nine big financial and publishing firms and the ...
HSBC says the blockchain could be used for ‘helicopter money’
November 10th, 2015
Plenty of investment banks have been expressing an interest in the blockchain. It’s the underlying technology that allows cryptocurrencies like bitcoin to exist. The blockchain a sort of ledger that tracks transactions without an intermediary like a bank, and it’s ...
Eurogroup urges Athens to deliver reforms in a week – Remarks by J. Dijsselbloem
November 10th, 2015
Greece failed to secure the release of 2 billion euros in bailout funding at a Eurogroup summit on Monday, as expected, with creditors prodding Greek officials to push forward with outstanding reforms and reach a compromise on thorny issues ...
