Search Results for: Citi
FXecosystem Announces Asia Expansion
October 10th, 2016
FXecosystem, a leading provider of institutional and retail FX outsourced connectivity services, announces expansion into Asia, with the opening of its regional headquarters in Singapore and a point of presence (POP) in the prestigious Equinix (Nasdaq: EQIX) SG1 Singapore ...
Internet trolls could face prosecution
October 10th, 2016
Internet trolls who create derogatory hashtags or post doctored images to humiliate others could face prosecution in England and Wales. Inciting people to harass others online, known as virtual mobbing, could also result in court action, under new Crown ...
KPMG mLabs accelerator bears fruit
October 10th, 2016
KPMG’s fintech accelerator program with the mutual bank sector, mLabs, has resulted in 18 active commercialisation opportunities to date. KPMG says its mLabs accelerator announced in August has led to 18 joint projects between mutual banks and fintech start-ups, including two cross-sector ...
Kiwibank Fintech Accelerator to scale up Kiwi start-ups
October 7th, 2016
New Zealand’s first FinTech Accelerator has been set up to turn great ideas into fledgling businesses, and could help New Zealand grow its share of a burgeoning global $1 trillion (NZD) industry. Kiwibank, Xero, Callaghan Innovation and Creative HQ ...
Asia Stocks Fall as Pound’s Flash Crash Supports Yen, Treasuries
October 7th, 2016
Sterling briefly sinks as much as 6.1%, most since Brexit Dollar gains as Fed rate-hike bets build before payrolls Asian stocks fell with U.S. equity index futures and the yen strengthened after a sudden plunge in the pound spooked ...
NRGbinary is a case of how scammers can hide in gaps between regulators and defraud thousands of investors
October 6th, 2016
In early 2013, a young Israeli businessman registered a web domain in London for a company called NRGbinary.com. The online options trading website offered clients the opportunity to make large amounts of money from simple bets on the movement ...
Sydney Stock Exchange blockchain project reaches first milestone
October 6th, 2016
APX Settlement Pty Limited (APXS), the Sydney Stock Exchange’s joint venture with Bit Trade Labs to develop a blockchain based settlement solution, has successfully prototyped its blockchain smart register for real-time issuance and allocation of equity securities. This marks ...
Lawyers ask for $300 million in fees in VW scandal settlement
October 6th, 2016
Plaintiff lawyers who helped negotiate a potential $10 billion settlement with Volkswagen over the diesel emissions scandal fired back at critics who question their request for more than $300 million in fees for negotiating terms that are largely overlapped ...
BDO reports revenues exceed £400m mark; Profits jump 22%
October 6th, 2016
Revenues exceed £400m mark: Profits jump 22% as investment pays off. BDO UK reports growth in underlying revenues to £405m (up 3.8%) Focus on targeted investment sees profits increase 22% to £80.3m Revenue growth in audit and tax continues ...
Pound Plumbs New 31-Year Lows Against Dollar
October 5th, 2016
The British pound continued to slump in trading Wednesday, touching fresh 31-year lows against the dollar, and a new five-year low against the euro. Sterling fell to as low as €1.1309 as markets opened in Europe, surpassing its 2013 lows and ...
