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FIS to Acquire SunGard, Deepens Enterprise Banking and Capital Markets Solutions

August 13th, 2015 (0)
Key facts The combined company will have over $9.2 billion in annual revenues. Upon closing, FIS will be uniquely positioned to offer a broad range of enterprise banking and capital markets solutions to empower financial institutions and businesses worldwide. ...

Greece debt crisis: Tension rises ahead of vote on third bailout

August 13th, 2015 (0)
Faced with opposition to a new Greek bailout at home and abroad, Greek Prime Minister Alexis Tsipras on Wednesday expressed confidence that the deal would gain approval in what promises to be a tough vote in Greece’s Parliament in ...

Asian stocks up despite lower yuan

August 13th, 2015 (0)
Asian shares were up despite China sending the value of its currency, the yuan lower for the third consecutive day. Thursday’s yuan guidance rate was set 1% down, a smaller margin than the shock cuts earlier in the week. ...

RBS hires PwC to investigate GRG division

August 12th, 2015 (0)
PWC has been hired by Royal Bank of Scotland to investigate whether its restructuring division forced viable businesses to fail. RBS has hired the Big Four firm alongside two law firms to scrutinise tens of thousands of businesses put into ...

The Availability and Price of Petroleum and Petroleum Products Produced in Countries Other Than Iran

August 12th, 2015 (0)
June – July 2015 Update The U.S. Energy Information Administration (EIA) estimates that global oil inventories grew by an average of 2.5 million barrels per day (b/d) in June and July, sharply exceeding the 0.4 million b/d build during ...

Credit Suisse, Barclays in Talks to Settle ‘Dark Pool’ Allegations

August 12th, 2015 (0)
U.S. regulators could levy large fines over alleged wrongdoings Credit Suisse Group AG and Barclays PLC, two of the biggest operators of “dark pools,” have entered settlement negotiations with the New York attorney general and the Securities and Exchange Commission over allegations of ...

Yuan cut clobbers markets, rekindles fear of forex war

August 12th, 2015 (0)
China’s 2 percent devaluation of the yuan hit global equities and U.S. oil prices on Tuesday with investors fearing a new currency war as well as declining Chinese economic momentum. Wall Street ended lower as investors contemplated the implications ...

Greece and lenders agree bailout, shares rally

August 11th, 2015 (0)
Greece and its international lenders reached an 85 billion euro bailout agreement on Tuesday after nailing down the terms of new loans needed to save the country from financial ruin. The deal, which came after 23 hours of talks ...

PBOC sharply cuts yuan against US dollar after weak data

August 11th, 2015 (0)
The People’s Bank of China allowed the yuan to depreciate almost 2 percent against the U.S. dollar to levels last seen three years ago, sending a shock through currency markets. In a statement, the Chinese central bank said that ...

Computop and ACI Worldwide partner to offer eCommerce merchants integrated online payments and fraud solution

August 10th, 2015 (0)
Computop, a leading global payment service provider (PSP) has signed an agreement with global payments specialist ACI Worldwide to provide merchants an integrated online payments and fraud prevention solution powered by ACI’s ReD Shield, a premier card-not-present (CNP) fraud ...
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