Search Results for: Citi
Peugeot owner to buy Open-Vauxhall creating Europe’s second-largest carmaker
March 6th, 2017
Establishes PSA Group as #2 in Europe. This strong and balanced presence in its home markets will serve as the basis of profitable growth worldwide Joint venture in auto financing with BNP Paribas to support development of Opel/Vauxhall brands ...
Brexit: The rights of Europeans living in the UK
March 6th, 2017
Ever since the Brexit referendum EU citizens in the UK and UK nationals living in other EU countries face uncertainty about their ability to stay where they are. The British government has so far refused to guarantee the rights ...
First Global Fintech Fund for the Underserved
March 6th, 2017
The Accion Frontier Inclusion Fund, managed by Quona Capital, invests in companies that innovate to expand access to financial services to underserved consumers and businesses in emerging markets Three billion people around the world are underserved by the financial ...
Central banks and gold
March 5th, 2017
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually ...
Venezuela running out of cash
March 4th, 2017
The Central Bank of Venezuela says the country is down to just $10.5 billion in foreign reserves. At the same time, Caracas has to meet debt obligations of $7.2 billion this year. The country had nearly $30 billion in ...
Paysafe appoints Tim Thurman as Chief Digital Officer
March 3rd, 2017
Former Australian Stock Exchange CIO and tech leader to drive next level of Group’s digital transformation Paysafe Group plc (PAYS.L), a leading global payments provider, has appointed digital technology innovator Tim Thurman as its Chief Digital Officer, reporting to ...
Barclaycard to embed contactless payment in watches and jewellery
March 3rd, 2017
Barclaycard names new bPay partnerships to embed Contactless Payment in Watches and Jewellery Partnering DCK, with its range of ‘Tutch’ jewellery, and HK-based Tappy Technologies, a payment pioneer who embeds technology into traditional timepieces, instantly transforming them into wearable ...
How fake smartphones affect the sales of smartphones; Billions lost
March 2nd, 2017
A new report from the European Union Intellectual Property Office (EUIPO), in collaboration with the International Telecommunication Union (ITU), estimates that 184 million fewer smartphones were sold by the legitimate industry in 2015, due to the presence of counterfeit ...
BTIG Strengthens Fixed Income Credit Group
March 1st, 2017
BTIG, LLC announced today that John Agnew, Drew Hall and Evan Jones, CFA have joined the firm within BTIG’s Fixed Income Credit Group. Mr. Agnew, Mr. Hall and Mr. Jones will be based in New York, reporting into Drew ...
Israel Tax Authority probing 30,000 more Israelis’ US accounts
February 28th, 2017
Information from the IRS will be cross-checked with reports by Israelis about their overseas assets. The Israel Tax Authority today announced that in recent days, it had obtained additional information about 30,000 accounts at US financial concerns belonging to ...