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Greece: Greek bank stocks soar – Greece makes loan interest payment to IMF

August 7th, 2015 (0)
What you should know for Greece today: Bank stocks led a much-needed Greek bourse rebound on Thursday, making up some of the ground lost in the first three sessions since the market reopened. However, traders viewed the recovery more ...

Bnp Paribas: PAYING WITH A SELFIE

August 6th, 2015 (0)
MasterCard caused a stir a few weeks ago by announcing a September 2015 trial release of its new online payment method: the selfie. An initial group of 500 customers will test the system this autumn, in yet another show of creativity from the banking ...

This Precious Metal Needs a Silver Bullet

August 6th, 2015 (0)
In the past 12 months alone, the benchmark silver-futures contract has declined 27% Once prized as a precious metal that could be put to practical use, silver is now getting the worst of both worlds. Like gold, silver has ...

8 Financial Experts That Are Warning That A Great Financial Crisis Is Imminent

August 5th, 2015 (0)
Will there be a financial collapse in the United States before the end of 2015? An increasing number of respected financial experts are now warning that we are right on the verge of another great economic crisis. Of course ...

Russia’s Banks Turn Away Clients as Borrowers Fall Behind

August 4th, 2015 (0)
JSC Alfa Bank, the Russian private bank founded by billionaire Mikhail Fridman, is scaling back lending for all but the most affluent clients after a growing share of customers fell behind on payments this year. The Moscow-based bank last ...

Oman boosts oil production to record high in June

August 3rd, 2015 (0)
Oman has ramped up its oil production to a record high in June, adding to a global supply glut that has hit oil prices, as the Gulf Arab country compensates for the drop in its oil revenue. June production ...

Bitcoin: The hottest game for Chinese gamblers

August 3rd, 2015 (0)
Bitcoin trading is the hottest game in China. The digital currency has been embraced by Chinese users who like to take a gamble: It’s all “about trading, about volatility, about making a profit — buy low, sell high,” said ...

China makes FX rules ready for foreigners to trade its commodity futures

August 3rd, 2015 (0)
Foreign investors will be allowed to transfer either foreign currency or yuan funds into China to trade in the country’s commodity futures markets, the foreign exchange regulator said on Friday. The imminent opening of its booming commodity futures market ...

SunGard Announces Second Quarter 2015 Results

July 31st, 2015 (0)
Financial Software company, SunGard Data Systems Inc.,has issued a press release to announce Second Quarter ended June 30 Results For the quarter, revenue was $687 million, up 2% year over year (up 6% adjusting for currency). Operating income was $108 million ...
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