Search Results for: Banks
Google and Intel top charts of corporate investors in fintech
June 2nd, 2015
Financial services firms may dominate the list of corporate investors in fintech startups, but the biggest investment dollars are coming from two of the world’s largest tech companies, Google and Intel, according to data from CB Insights. The booming ...
PwC appoints Global Financial Crime Leader
June 2nd, 2015
PwC announced today that David Grace has been appointed as Global Financial Crime Leader for PricewaterhouseCoopers International Limited. David, a Senior Partner and member of PwC’s Global Financial Services Leadership and Executive Teams, will lead a global network of ...
Bank of Japan’s Kuroda says FX should reflect fundamentals
June 2nd, 2015
Bank of Japan Governor Haruhiko Kuroda said on Tuesday it was important for currency rates to reflect economic fundamentals, and reiterated that central bank policy is aimed at fostering price stability and not to weaken the yen. Speaking to reporters after ...
European Leaders Deciding On Greece’s Fate Agree That Talks Must Intensify
June 2nd, 2015
European leaders and the head of the International Monetary Fund agreed to step up the intensity of talks over Greece’s fate after an extraordinary meeting in Berlin about ways to avert a default. The top-level huddle lasted past midnight ...
Statement by Glenn Stevens, RBA Governor: Monetary Policy Decision
June 2nd, 2015
At its meeting today, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than ...
Hotspot Introduces Market-Leading Standards for Liquidity Providers
May 29th, 2015
New Standards for Market Makers Designed to Provide Enhanced Transparency to the Global Electronic FX Market Hotspot, a leading institutional foreign exchange (FX) market owned and operated by BATS Global Markets (BATS), today announced new standards for Hotspot liquidity ...
Citi Announces Top Innovations from Citi Mobile Challenge in Jerusalem, London, Nairobi, and Warsaw
May 28th, 2015
Global Financial Technology Challenge showcases new FinTech solutions fueling innovation and inclusive finance Today Citi announced the top innovations from the Citi Mobile Challenge in Europe, the Middle East and Africa (EMEA). This global initiative launched in EMEA in February ...
CMC Markets profits surge 61 per cent
May 28th, 2015
CMC Markets Group reports underlying profits before tax increase by 61 per cent to £51.9 million The Group capital ratio stands at 24 per cent (301 per cent pre CRD IV) with minimal debt and own funds of £141 ...
Growing financial risk appetite within a gradual economic recovery – Financial Stability Review
May 28th, 2015
Euro area systemic stress remained low in past six months amid improving, but still subdued, economic growth Financial markets show continued asset price rises and bouts of volatility, but without generalised overvaluations Challenging operating environment for euro area banks ...
Forex’s ‘Last Look’ Practice Gets Curbed
May 28th, 2015
Two of the world’s biggest currency-trading platforms will restrict a controversial industry practice Two of the world’s biggest currency-trading platforms plan to restrict a controversial industry practice in which banks can pull out of trades at the last moment ...