Search Results for: Global banks
Saxo Payments unveils new community for fast, low cost cross border transfers
October 27th, 2015
Saxo Payments Banking Circle Saxo Payments, the global transactions services provider, today at Money 2020 unveils the new brand – Banking Circle – for its international payments community. A marketplace that disrupts the status quo of traditional international B2B ...
Asian stocks advance on China rate cut, U.S. tech earnings
October 26th, 2015
Asian stocks on Monday were close to wiping out all their losses since China’s shock currency devaluation in August, as global equities rallied after the Chinese central bank cut rates and U.S. tech giants provided upbeat earning guidance. MSCI’s ...
Temenos Q3 2015 results reflect outstanding quarter
October 23rd, 2015
Temenos Group AG (SIX: TEMN), the market leading provider of mission-critical software to financial institutions globally, today reports its third quarter 2015 results. The definition of non-IFRS adjustments is below with a full reconciliation of IFRS to non-IFRS results ...
Broadridge hired three senior executives to its London office
October 22nd, 2015
Kimberly Jewell, Mike Thrower and Peter Morris join Broadridge’s London office Broadridge Financial Solutions, Inc. (NYSE: BR) has hired three senior executives to its London office to expand the firm’s support for global financial institutions in key market-centers internationally. The ...
Foreign Investors Complain About Russia’s Unpredictable Laws
October 21st, 2015
Unpredictable lawmaking is undermining Russia‘s ability to attract foreign investors, the Foreign Investment Advisory Council (FIAC) — a group of the biggest foreign companies working in Russia — told Prime Minister Dmitry Medvedev on Monday. A report by financial services ...
Negative Interest Rates Are Here
October 20th, 2015
Not so long ago, a bank was by definition a business that took deposits from customers, paid them for the use of their money, and lent the cash to other customers at a profit. But that’s not how it ...
MasterCard to Tokenize MasterPass for Online and In-App Shopping
October 20th, 2015
Consumers to Benefit from Increased Security and Convenience When Using Their MasterPass-Enabled Bank-Issued Wallets MasterPass has increasingly been making shopping easier and safer for consumers and merchants in 24 countries around the globe. Today, MasterCard announced it will integrate a fully tokenized ...
Morgan Stanley’s trading rout sets grim tone for fourth quarter
October 20th, 2015
Morgan Stanley on Monday warned that there was little hope for a quick turnaround in its key trading business given the persistence of global growth concerns that helped pummel the bank’s third quarter earnings. Chief Executive James Gorman was ...
Is China Turning To Bitcoin As Yuan Devalues?
October 19th, 2015
China is seemingly buying up a lot of Bitcoin and alternative currencies like gold right now. The devaluation of their currency has been slashed over the course of the past month. The country’s Foreign Exchange Commission has ordered financial institutions to increase its checks ...
India Targets Century-Old Bankruptcy Law to Revive Momentum
October 19th, 2015
Finance Ministry to receive recommendations on law this week To deepen corporate bond market and finance long-term infra Prime Minister Narendra Modi is poised to overhaul Indian bankruptcy laws that date back a century in a bid to get his ...
