Visa to Launch First Everywhere Initiative in Europe
February 28th, 2017
Today, Visa announced that the Everywhere Initiative, an innovation program designed to encourage the development of the “next big thing” in payments, will expand into Europe. Entrants in Visa’s first-ever European Everywhere Initiative will have the opportunity to compete ...
5 Reasons to be excited about European Stocks
February 27th, 2017
After years in the doldrums, European stocks seem poised to break out of their trading rut and possibly outperform the U.S. equity market this year. Eurozone politics and sluggish economic growth have not been kind to European stocks in ...
Global (economic) warming
February 26th, 2017
If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further fiscal and monetary expansion will begin to create …. economic ...
CUSTOMER SUPPORT OFFICERS
February 24th, 2017
New Customer Support Officers: ITALIAN, FRENCH, RUSSIAN, POLISH, HUNGARIAN, CZECH, DANISH, ARABIC, SPANISH, PORTUGUESE, GERMAN SPEAKERS: Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest ...
Bundesbank posts distributable profit of €0.4 billion in 2016
February 24th, 2017
The Bundesbank posted a profit of €1.0 billion for the 2016 financial year, compared with €3.2 billion in 2015. Owing to an allocation to the reserves, the remaining distributable profit amounted to €0.4 billion and was transferred in full ...
How Many Euro Crises Will This Make? It’s Getting Hard To Keep Track
February 23rd, 2017
Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then ...
The Pound to Euro Rate hits a Wall at Notorious 200 Day M.A
February 22nd, 2017
It was an impressive start to the mid-week session for Pound Sterling having broken above a key technical level against the Euro for the first time in months. The exchange rate is now knocking its 200-day moving average; if ...
European v US investment banks: Tectonic shifts
February 22nd, 2017
Much of the sector is in dire straits – partly because of previous efforts to compete globally. As investment banks, the Europeans are not even winning on their home turf. JPMorgan’s investment-banking revenue market share for Europe, Middle East ...
Asia stocks consolidate recent gains; China shines
February 21st, 2017
Asian stocks held ground on Tuesday though Chinese equities surged to a fresh 2-1/2 month high as domestic funds piled into financial counters on expectations the world’s second biggest economy may have turned a corner. MSCI’s broadest index of ...
UAE among top 20 countries for entrepreneurs, says Ashish Thakkar
February 17th, 2017
The UAE ranks among the world’s top 20 nations offering the best environment for entrepreneurs, according to a report by Mara Foundation and Opinium Research. The inaugural Ashish J Thakkar Global Entrepreneurship Index measures entrepreneurial environments around the world ...
