Search Results for: First Data
Gold price boosted by hard Brexit fears
January 16th, 2017
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns over a hard Brexit dominate the market commentary. Reports indicate ...
Investors yanked $106 billion from hedge funds last year
January 16th, 2017
Investors yanked more than $100 billion from hedge funds in 2016, according to a new report from eVestment. Investors redeemed $23.7 billion in December, bringing the total of redemptions for the fourth quarter to $43.2 billion. For the full ...
Deloitte Global 2017 TMT Predictions
January 14th, 2017
Over 300 million smartphones to have built in machine learning capabilities in 2017 By 2022 autonomous braking will help to reduce fatalities from motor accidents by 16 percent (6,000) in the US alone IT-as-a-Service expected to become nearly a ...
BNY Mellon has agreed to pay a $6.6 million penalty
January 13th, 2017
The Securities and Exchange Commission today announced that BNY Mellon has agreed to pay a $6.6 million penalty to settle charges stemming from miscalculations of its risk-based capital ratios and risk-weighted assets reported to investors. An SEC investigation found ...
How Did We Get 2016 So Wrong?
January 12th, 2017
Go through the late 2015/early 2016 articles published on this and similar sites and you’ll find a consensus that 2016 was going to be a really bad year. Corporate profits were falling, business inventories had spiked, and deflation was ...
The Pound vs Dollar: What dealers predict
January 12th, 2017
Analysts at Citi – the world’s largest foreign exchange dealer – have confirmed to clients they are bearish on the Pound-Dollar exchange rate. In a communication released on Tuesday January 10, technical strategists have communicated expectations for further falls ...
Five potential FinTech surprises for 2017
January 12th, 2017
In the ever-expanding FinTech ecosystem, it is easy to get caught up in all the hoopla, hysteria and hype. As we enter 2017, PwC’s DeNovo is providing our views on more plausible changes of direction in the FinTech space. ...
OANDA appoints new CEO
January 12th, 2017
OANDA Global Corporation’s Board of Directors has appointed Vatsa Narasimha, formerly CFO of OANDA, as its CEO. Mr. Narasimha succeeds Ed Eger who, alongside the Board, hand-selected Mr. Narasimha for the role. Mr. Eger will remain at OANDA to support ...
FTSE 100 extends a record-breaking run
January 11th, 2017
European stocks rose Wednesday, with London striking another record pinnacle on the sliding pound and rebounding commodity prices. Sterling fell as weak official trade data offset bright industrial output figures — and the currency’s slide gave a fresh impetus ...
Total drone market globally worth US$127 billion
January 11th, 2017
The total global market for drone powered business operations is valued at over $127 bn, according to PwC estimates. The industry with the largest potential market for the commercial applications of drone technology is infrastructure, with an estimated global ...
