Search Results for: Citi
PwC accepts payment in Bitcoin for its advisory services
December 1st, 2017
PwC in Hong Kong has for the first time accepted payment in Bitcoin for its advisory services. As the firm works increasingly with companies in the digital asset and crypto-currency space, it believes that accepting such payments will evolve ...
Next steps against fake news
December 1st, 2017
Next steps against fake news: Commission sets up High-Level Expert Group and launches public consultation. The EU Commission launched a public consultation on fake news and online disinformation and set up a High-Level Expert Group representing academics, online platforms, ...
JPMorgan considers getting into bitcoin while bank’s CEO Jamie Dimon calls it ‘a fraud’
November 23rd, 2017
The Wall Street banking giant JPMorgan is weighing up whether it could help its clients tap into a potential bitcoin futures market being prepared by the Chicago Mercantile Exchange (CME), media reported citing sources. The bank is gauging client ...
Early Market Report: Asian Shares Pulled Back On Monday
November 20th, 2017
Asian shares pulled back on Monday, with investor sentiment hurt by a retreat on Wall Street and a slide in Chinese stocks, while the euro skidded after German coalition talks hit an impasse. Spreadbetters predicted the gloom would spread ...
Malta: Paradise Papers leave locals polarized
November 17th, 2017
In the wake of the Paradise Papers leaks, many locals in Malta feel frustrated and are calling on the European Union to come to the rescue. “A term my friend came up with — we are political orphans. We ...
A review of the main moves in Stocks, Currencies, Bonds and Commodities
November 13th, 2017
Equities in Asia put in a mixed start to the week as investors sought fresh catalysts after last week’s run to record highs. The British pound took a hit as pressure mounts on U.K. Prime Minister Theresa May after ...
China and Australia to cooperate on fintech
November 6th, 2017
The China Securities Regulatory Commission (‘CSRC’) and Australian Securities and Investments Commission (‘ASIC’) have entered into an agreement to promote innovation in financial services in their respective markets. The Information Sharing Co-operation Agreement further underlines the significance of the ...
Key financial events coming this week
November 6th, 2017
The yen tumbled to the weakest since March after Bank of Japan Governor Haruhiko Kuroda said it’s crucial for inflation to exceed the 2 percent target. Asian stocks slipped after China’s central bank chief warned again about excessive leverage ...
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
FCA urges public to report and speak out against fraudulent investment schemes
October 27th, 2017
The Financial Conduct Authority (FCA), the conduct and prudential regulator for financial services firms and financial markets in the UK, urges the public to get in touch if they have been contacted by a company offering what they think ...