Search Results for: Ether
Foreign Investors Complain About Russia’s Unpredictable Laws
October 21st, 2015
Unpredictable lawmaking is undermining Russia‘s ability to attract foreign investors, the Foreign Investment Advisory Council (FIAC) — a group of the biggest foreign companies working in Russia — told Prime Minister Dmitry Medvedev on Monday. A report by financial services ...
Cetera Financial on the block?
October 21st, 2015
RCS Capital said to be seeking at least $700M for brokerage group it bought last year for about $1.2B RCS Capital Corp., the struggling brokerage group cobbled together by real estate developer Nicholas Schorsch, is exploring a sale of ...
FS firms told to prepare for avalanche of IoT data
October 20th, 2015
Financial services firms should begin planning for the avalanche of new data that will hit them through the rise of the Internet of Things (IoT), which, if used correctly, could bring huge benefits to the industry, according to a ...
Negative Interest Rates Are Here
October 20th, 2015
Not so long ago, a bank was by definition a business that took deposits from customers, paid them for the use of their money, and lent the cash to other customers at a profit. But that’s not how it ...
MasterCard to Tokenize MasterPass for Online and In-App Shopping
October 20th, 2015
Consumers to Benefit from Increased Security and Convenience When Using Their MasterPass-Enabled Bank-Issued Wallets MasterPass has increasingly been making shopping easier and safer for consumers and merchants in 24 countries around the globe. Today, MasterCard announced it will integrate a fully tokenized ...
US, EU open free-trade talks in Miami
October 20th, 2015
Senior negotiators on a huge transatlantic trade treaty opened new talks in Miami Monday aiming to close some differences on key issues between the United States and the European Union. The 11th round of talks on the Transatlantic Trade ...
What does China own in the UK?
October 20th, 2015
China may be the world’s second-largest economy behind the US, but it has more money in the bank than any other country. Indeed three of the world’s 10 biggest sovereign wealth funds are Chinese, together holding more than $1.5tn ...
Is China Turning To Bitcoin As Yuan Devalues?
October 19th, 2015
China is seemingly buying up a lot of Bitcoin and alternative currencies like gold right now. The devaluation of their currency has been slashed over the course of the past month. The country’s Foreign Exchange Commission has ordered financial institutions to increase its checks ...
Ukraine Readies for Russia Court Battle After Debt Vote Passes
October 19th, 2015
Holders of all but one bond vote in favor of restructuring Second vote on bond held by Russia scheduled for Oct. 29 Ukraine said it is ready to go to court over a bond owed to Russia after the ...
Index Futures Drop With Asia Stocks After China GDP; Euro Rises
October 19th, 2015
Economy expands 6.9% in third quarter, beating estimates Gold retreats with copper as metals slide in data’s wake U.S. and European equity-index futures retreated with Asian shares and commodities after China reported the slowest economic growth since 2009. Treasuries ...
