Search Results for: European Banks
Visa released real-time payments platform in Europe
November 3rd, 2017
Visa has announced the European launch of Visa Direct – a real-time payments platform that allows companies to leverage Visa’s global reach and scale to transform domestic and cross-border payments for businesses and consumers. Visa is working with payment ...
EBA announces final timeline for the 2018 EU-wide stress test
October 31st, 2017
The Board of Supervisors of the European Banking Authority (EBA) agreed in its meeting held on 24-25 October 2017 on the final timeline of the 2018 EU-wide stress test. The exercise is expected to be launched at the beginning ...
Yen drops on 2 trillion yen stimulus report; The kiwi dollar and euro both slid
September 25th, 2017
The yen declined on speculation Japan’s prime minister will press for a stimulus package alongside his expected call for a snap election — sending the nation’s stocks higher. The kiwi and euro both slid as ballot results foreshadowed potentially ...
Deutsche Börse combines selected Eurex products in low-cost data package for private investors
September 18th, 2017
Effective immediately, Deutsche Börse Market Data + Services is offering the new information product “Eurex Retail Europe” which contains selected Eurex products to private investors free of charge. Following the free trial phase, the data will be offered for ...
See no evil, speak no evil…
September 1st, 2017
The Jackson Hole speeches of Janet Yellen and Mario Draghi last week were notable for the omission of any comment about the burning issues of the day: …where do the Fed and the ECB respectively think America and the ...
ECB fined Irish bank for a total of €2.5m
August 29th, 2017
The ECB has fined Irish bank PTSB €2.5m for breaking liquidity rules, its first such penalty The European Central Bank (ECB) has issued its first penalty against a bank since tough new rules were introduced in the wake of ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
Markets are focusing for a key meeting of global central bankers; Economic data this week
August 21st, 2017
With economic data thin this week, markets are focusing on any significant policy statements coming out of Jackson Hole, Wyoming. Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are among central bankers attending the annual ...
Why economists cannot forecast recessions
July 28th, 2017
The purpose of this article is to draw the widest attention to the chronic inability of the economic establishment to forecast recessions. Next time you hear an economist make a prediction on mainstream media, your default assumption should ...
Deutsche Bank May Take $350 Billion Out of London Post-Brexit
July 26th, 2017
In the aftermath of the Brexit vote from a year earlier, German banking giant Deutsche Bank has been making plans to downsize its London operations. Now, the bank led by CEO John Cryan is reportedly thinking about moving an ...
