Search Results for: Citi
Asian Equity Rally Loses Momentum With Oil Near $45; Pound Gains
July 14th, 2016
Japan’s Topix climbs, yen falls amid talk of helicopter money Sterling rises before forecast cut in U.K. interest rates The rally that drove Asian stocks to levels last seen in April showed signs of flagging as investors awaited details ...
ICAP published its Trading Statement;Positive momentum from investment in new products
July 13th, 2016
Positive momentum from investment in new products EBS BrokerTec wins contract to deliver technology to CFETS Transaction with Tullett Prebon on track to complete later this year ICAP plc (IAP.L), a leading markets operator and provider of post trade ...
Taiwan banks suspend ATM services after thieves steal $3 million with help of malware
July 13th, 2016
Taiwan’s top eight banks have suspended services on 900 Automated Teller Machines(ATMs) across the island, after thieves made off with NT$70 million (S$2.94 million) in a coordinated heist, apparently with the help of malware. Bank of Taiwan, Chang Hwa Bank, First Bank and ...
Theresa May, the UK’s new prime minister, explained
July 12th, 2016
Theresa May, the UK’s home secretary, will be the country’s next prime minister. Her final rival for the Conservative Party leadership, Andrea Leadsom, withdrew from the race on Monday morning, citing overwhelming support for May among Conservative MPs. Prime ...
Brexit: 7 key changes every Traveler must know
July 11th, 2016
A travel primer on what to expect following Britain’s vote to leave the EU. In a landmark decision, Britain has voted to withdraw from the European Union. While it’s unclear how the vote will affect the political climate and ...
BDO has appointed former KPMG director
July 11th, 2016
Top Six firm BDO has appointed former KPMG director Christopher Arnull as its first head of Legal and Practice Protection, as the accountancy firm looks to tackle more legal and regulatory challenges. Arnull, who joins BDO from KPMG where ...
Risk On/Risk Off: What Schizophrenic Markets Are Telling Us
July 11th, 2016
These trends cannot be reversed with yet another rate cut or another “whatever it takes” announcement. In the conventional investment perspective, risk-on assets (i.e. investments with higher risks and higher potential returns) such as stocks are on a see-saw ...
Italy may trigger collapse of European economy
July 11th, 2016
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The shares of Europe’s largest financial institutions – Deutsche Bank and ...
Asian Shares Jump With Won After U.S. Payrolls Boost; Oil Falls
July 11th, 2016
Topix jumps by most since February after Abe election victory Won jumps with ringgit after hiring picks up in U.S. Asia’s stocks and emerging-market currencies rallied, while commodities gained as heightened prospects for stimulus in Japan and better-than-expected U.S. jobs ...
Ex-Barclays traders jailed over Libor rigging
July 8th, 2016
A London court has sentenced four former Barclays traders to prison. They were found guilty of Libor manipulation between 2005 and 2007. Jay Merchant received six-and-a-half years in prison, Jonathan Mathew and Peter Johnson were each jailed for four ...
