Search Results for: Ether
CBOE Holdings Agrees to Acquire Bats Global Markets in a $3.2 billion deal
September 26th, 2016
CBOE Holdings, Inc. (NASDAQ: CBOE) and Bats Global Markets, Inc. (Bats: BATS) today announced that they have entered into a definitive agreement, which has been approved by the Board of Directors of each company by unanimous votes of the ...
Canvas Ventures Raises $300M Fund to Invest in Software & Services Startups
September 26th, 2016
Canvas Ventures, a Silicon Valley-based venture capital firm, today announced that it has closed a new $300M fund called “Canvas Ventures 2.” The firm’s previous fund was capitalized at $175M in August 2013. The four investing partners for the ...
The 7 most influential people in European finance
September 26th, 2016
Bloomberg released its list of the 50 most influential people in the world of finance. It is a comprehensive list of Wall Streeters, politicians, central bankers and business leaders who shape the way the global economy functions and help ...
BNP Paribas works on Blockchain Technology to develop new products and services
September 26th, 2016
BNP Paribas is currently working with a number of clients to co-develop new products and services, after embarking on a collaborative process during the first-ever BNP Paribas ‘Blockchain Bizhackathon’ earlier this year, focusing on Transaction Banking activities. Based on the promising ...
Japan banks target fintech start-ups after law change
September 26th, 2016
Change to 5% ownership cap part of national effort to push financial technology Japan’s biggest banks are looking to pour hundreds of millions of dollars into fintech start-ups after the abolition of a law that prevented them from owning more than ...
Dollar sways versus yen and euro, U.S. presidential debate awaited
September 26th, 2016
The dollar wobbled against the yen and euro on Monday, cautiously held in a narrow range ahead of the impending first debate between U.S. presidential candidates that could determine the currency’s near-term direction. The greenback was off lows versus ...
Asia Stocks Fall as Oil Rebounds Before Output Talks; Lira Sinks
September 26th, 2016
Turkey’s lira extends slide after Moody’s cut rating to junk Crude rebounds ahead of OPEC talks aimed at limiting output Asian stocks dropped by the most in two weeks and futures foreshadowed losses in European and U.S. equities as ...
Estonia makes bank account opening easier; Open without visiting a branch
September 23rd, 2016
Estonian residents and e-residents will be able to open current accounts without visiting bank branches according to a draft regulation of the Minister of Finance. “We will make opening a bank account easier and faster for everyone, including e-residents,” ...
Thomson Reuters Strengthens Buy-Side Trading Capabilities with REDE Acquisition
September 23rd, 2016
Thomson Reuters has signed a definitive agreement to acquire REDI Holdings, a trading technology pioneer whose flagship REDIPlus execution management system (EMS) provides advanced cross-asset class trading capabilities to the buy-side. The acquisition is expected to close by the ...
The root cause of monetary confusion
September 23rd, 2016
Arguments about sound and unsound money often degenerate into a them-and-us dispute, with the supporters of unsound money casting sound money proponents as impractical out-of-date libertarian weirdos. Supporting one side or the other as if they were opposing football ...