Search Results for: EC
Australian Bank Invests $50 Million into Fintech
August 9th, 2016
As it continues the hunt for the most promising Australian fintech startups, Sydney-based venture capital firm Reinventure has closed a fund with the backing of Westpac. So what is in it for the bank? For the bank, the fund ...
FINRA Fines Deutsche Bank Securities Inc. $12.5 Million for Inadequate Supervision of Internal Communications
August 9th, 2016
The Financial Industry Regulatory Authority (FINRA) today announced it has fined Deutsche Bank Securities Inc. $12.5 million for significant supervisory failures related to research and trading-related information it disseminated to its employees, called ‘hoots’ or ‘squawks,’ over internal speakers ...
Asia shares up as yield hunt drives record flows, pound slips
August 9th, 2016
Asian shares stood atop one-year peaks on Tuesday as investors’ desperate search for yield drove a record inflow into emerging market funds, while the pound slipped to one-month lows on speculation of further policy easing in the UK. Analysts ...
Precious metals funds ride gold trade to 120% rally
August 8th, 2016
Gold mining stocks continue to leverage rising gold prices If you have been a gold investor this year, you can be pleased with the 26% gain for the precious metal. But if you had the foresight to leverage that ...
Second referendum ‘perfectly possible’, say top EU law professors on Q&A Reddit thread
August 8th, 2016
University of Liverpool experts use social media to spread their wisdom There is “no obstacle” in law to the United Kingdom holding a second referendum on EU membership, according to a group of EU law experts from the University ...
Greek consumer prices in July for second month in a row
August 8th, 2016
Greece’s annual EU-harmonized inflation rate stayed positive for the second month in a row in July, statistics service data showed on Monday. The reading in July was 0.2 percent, unchanged from June and slightly below market expectations. Economists polled ...
Fintech firms set to target business advisory
August 5th, 2016
Business advisory services will be a major focus of fintech companies over the next few years, says an accounting software company, with considerable investment likely to flow into business advisory robo-offerings. Speaking to Accountants Daily, MYOB general manager of user experience ...
Planet Payment Announces Second Quarter 2016 Results
August 4th, 2016
Planet Payment, Inc. (NASDAQ:PLPM), a provider of international payment and transaction processing and multi-currency processing services, today announced its results for the second quarter ended June 30, 2016. Financial Highlights for the Second Quarter Ended June 30, 2016 Total revenue ...
JPMorgan to use computerized technology in dealer to dealer market
August 4th, 2016
Three-year deal is for the dealer-to-dealer Treasury market Virtu is one of the world’s biggest electronic trading firms JPMorgan Chase & Co. will use a computerized trading firm’s technology to access and trade in the U.S. Treasury market, marking ...
Dollar steady, sterling waits for BoE rate cut decision
August 4th, 2016
The dollar held steady above a recent six-week low on Thursday, while sterling stayed in a tight range with expectations running high that the Bank of England will cut interest rates for the first time since 2009 in a ...
