Search Results for: Citi
Oil Price Collapse Triggers Currency Crisis In Emerging Markets
August 24th, 2015
Emerging market currencies are getting slammed by the collapse in commodity prices, a downturn that has accelerated in recent weeks. The health of many middle-income and emerging market economies has been predicated on relatively strong commodity prices. A whole ...
Banks fine tally since crisis hits $US260bn
August 24th, 2015
The wave of fines and lawsuits that has swept through the financial industry since the 2007-08 crisis has cost big banks $US260 billion, new research from Morgan Stanley shows. The analysis, which covers the five largest banks in the ...
China chooses her weapons
August 22nd, 2015
China’s recent mini-devaluations had less to do with her mounting economic challenges, and more to do with a statement from the IMF on 4 August, that it was proposing to defer the decision to include the yuan in the ...
ASIC publishes third report on corporate finance regulation
August 21st, 2015
ASIC has today published its third report on the regulation of corporate finance issues in Australia. The report, which covers the period January to June 2015, provides companies and their advisers with insights into ASIC’s regulatory approach in the ...
PayPal Acquires Modest
August 21st, 2015
PayPal announced the acquisition of Modest. Modest was founded in 2012 and allows merchants to offer an end-to-end experience that makes selling on any platform easier and simpler. Social media networks are evolving from places where people share and discover ...
Fatca law: Taking the IRS to Court
August 21st, 2015
The 2010 Fatca law has made many Americans unbankable overseas. Nancy Pelosi famously said Congress had to pass ObamaCare so Americans could learn what was in it, but that rule applies to other regulatory monsters too. Take Fatca, the ...
Oil Poised for Longest Weekly Losing Streak Since 1986 Amid Glut
August 21st, 2015
Oil headed for the longest run of weekly declines in almost three decades on signs the supply glut that drove prices to a six-year low will be prolonged. Futures fell as much as 1.6 percent in New York, set ...
Deloitte, Libra, Accenture: The work of auditors in the age of Bitcoin 2.0 technology
August 20th, 2015
Back in the late 1990s the cryptographer Nick Szabo predicted the paper-era techniques of auditing and accounting would be dramatically augmented by, and eventually integrated into, smart contracts. The last year or two has seen lots of opinion about ...
Derivatives markets see oil prices to stay low for years to come
August 20th, 2015
Oil prices will stay low for years to come, derivatives markets say, keeping a lid on inflation and helping boost global growth. Oil has more than halved in value over the last year, thanks to huge oversupply, and many ...
Selfie Payments? Verifying Payments with Facial Recognition and Fingerprint Scans
August 19th, 2015
First Tech Federal Credit Union and MasterCard announce First U.S. Biomatric Payments Pilot First Tech Federal Credit Union announced a pilot program with MasterCard that will enable First Tech employees to authenticate and verify transactions using facial recognition and ...
