Search Results for: Citi
Silver as money
October 16th, 2015
Gold is money, admittedly not often circulating as such today. Fiat currencies issued by governments have driven gold out of circulation. But where does this leave silver? Money-substitutes, bank notes and bank deposits, were originally backed by physical silver, ...
First Data Announces Pricing of its Initial Public Offering
October 16th, 2015
First Data (“First Data”) announced the pricing of its initial public offering of 160,000,000 shares of its Class A common stock at $16.00 per share. Shares of First Data’s Class A common stock are expected to begin trading on ...
London Stock Exchange Group Launches New Derivatives Venture – Curveglobal
October 16th, 2015
New venture launched with a number of major dealer banks and the Chicago Board Options Exchange Short Term and Long Term Interest Rate Futures to be offered in first phase Products to be traded on London Stock Exchange Derivatives ...
The Common Reporting Standard: Automatic Information Exchange Goes Global
October 16th, 2015
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, and, from 2017, will go global with the recently-agreed Common ...
Ian Chuter joins Playtech
October 15th, 2015
Former William Hill, Betfair and Rank senior executive joins in gaming, sports betting and M&A strategic advisory role Ian Chuter, former group operations director at both William Hill and Betfair, has joined Playtech as a strategic advisor with a ...
Swatch presented pay-by-wrist watch
October 15th, 2015
Swatch has joined forces with China UnionPay and Bank of Communications to introduce contactless payment “by-the-wrist” to China SWATCH BELLAMY: THE NEW PAY-BY-THE-WRIST SWATCH WATCH Pioneering Swiss watchmaker Swatch presented SWATCH BELLAMY, the new “pay-by-the-wrist” watch, at the landmark ...
Apple faces $400 million in damages in patent fight
October 15th, 2015
Apple’s potential damages in a patent fight with the University of Wisconsin’s licensing body could reach $400 million as a trial on the amount Apple owes for infringing a processor patent got under way on Wednesday, two people familiar ...
The Numbers Say That A Major Global Recession Has Already Begun
October 14th, 2015
The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”. According to British banking giant HSBC, global trade is down 8.4 percent so far this year, and global GDP ...
BofA Profit Rebounds to $4.51 Billion as Revenue Beats Estimates
October 14th, 2015
Revenue declines 2.4 percent while expenses fall 31 percent Bond-trading revenue slides 11 percent, equities up 12 percent Bank of America Corp., the second-biggest U.S. lender, posted third-quarter profit of $4.51 billion as litigation expenses tumbled and loan growth ...
Goldman Sachs under FBI, U.S. DOJ scrutiny over 1MDB probe
October 14th, 2015
The Federal Bureau of Investigation and the U.S. Department of Justice are examining Goldman Sachs Group Inc’s role in allegations of corruption and money laundering at Malaysian state investor 1Malaysia Development Bhd (1MDB), the Wall Street Journal reported on ...
