Search Results for: Credit Suisse
Revolut breaks UK crowdfunding record with over £12 million pledged
July 13th, 2016
Money transfer fintech startup Revolut attracted over £10 million in pledges just ten hours into a seven-day crowdfunding round aimed at raising £1 million. By Tuesday evening, Revolut pledges had already hit £12.9 million from 6,627 people, all registered ...
German Deutsche Bank faced threat of bankruptcy
July 11th, 2016
Three years ago, there were reports about bankruptcy of Deutsche Bank, which is managing SOFAZ assets. This is caused by too much unsecured derivatives in the balance of the bank. Now, International Bank of Azerbaijan has started to speak ...
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 ...
U.S. Stocks Advance Amid Drug-Maker Rally as Caution Subsides
July 7th, 2016
Fed minutes show heightened uncertainty on job data, U.K. vote Banks, commodity shares rise after erasing early losses U.S. stocks advanced, led by gains among drug companies, as cautious sentiment eased amid speculation the American economy can weather the ...
Fund Manager: Gold prices will hit record high in next 18 months
July 4th, 2016
Gold prices may hit all-time highs in the next 18 months amid low to negative global bond yields, said a fund manager on Monday, joining a chorus of bullish calls on the safe haven commodity. Despite being a non-interest bearing ...
Global banks sink in AsiaPac first-half ECM rankings; fees down 33 percent
June 30th, 2016
Global banks tumbled in league table rankings for equity capital market (ECM) deals in Asia Pacific in the first half of 2016, as share offerings outside China that they typically rely on dried up, preliminary Thomson Reuters data showed. ...
Bitcoin exchange Quoine raises $20m venture investment
June 21st, 2016
Quoine, a Singapore-based Bitcoin exchange, has closed a $20 million funding round, leveraging off the large opportunity for Bitcoin in the Japanese market, led by venture capitalists (VCs) and other ‘strategic investors’. It’s last funding round was a $2 million ...
Brexit is getting the blame
June 17th, 2016
Brexit is not the most important problem facing markets, it is mounting problems in the European banks. But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before ...
Traiana goes live with Barclays and UBS
June 14th, 2016
Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has gone live with Barclays and UBS on its Harmony CCP Connect for Equities platform. These new banks will further enhance the netting benefits ...
Joseph Ahearn named COO by TradingScreen Executive Committee
June 7th, 2016
Joe Ahearn, co-founder of TradingScreen, has been named Chief Operating Officer by the TradingScreen Executive Committee. In this role, Joe will focus on optimizing the interaction between sales and technology while unifying the product strategy and product delivery to ...