Search Results for: Global banks
‘Brexit’ fears haunt London’s roaring trade in euros
July 22nd, 2015
If there is a symbol of British ambivalence to Europe then it may be the euro itself. The capital of euro trading prospers outside the euro zone, but London’s dominance of the $5.3 trillion-a-day foreign exchange market could wane if ...
Singapore fintech startup ApexPeak acquires Netherlands-based Asyx
July 22nd, 2015
Asyx gets long-term financial backing to support expansion ApexPeak gains state-of-the-art financial services platform Singapore-headquartered fintech (financial services technology) startup ApexPeak said it has acquired Netherlands-based supply chain finance and collaboration solutions provider Asyx. Acquisition terms were not disclosed. ApexPeak, founded ...
JPMorgan $12.5 Billion Short in Fed Systemic-Risk Charges
July 21st, 2015
JPMorgan Chase & Co. still has a shortfall of as much as $12.5 billion in meeting capital rules approved by the Federal Reserve on Monday. The Fed assigned capital charges totaling more than $200 billion for eight of the ...
Deloitte joins cryptocurrency industry group
July 21st, 2015
To work with ADCCA on accounting standards for bitcoin. Big four accounting firm Deloitte has joined the peak industry group representing digital currency traders in Australia, highlighting a growing mainstream focus on cryptocurrencies. Australian Digital Currency Commerce Association is ...
Investors Flee Commodities
July 21st, 2015
The prices of raw materials from oil and gold to copper, cotton and sugar tumbled, underscoring an increasing aversion to commodity investments as the Federal Reserve prepares to raise interest rates for the first time in nearly a decade. ...
Leading Hedge Funds in Asia Adopt Broadridge’s Trading, Portfolio Management and Operating Solution
July 20th, 2015
BosValen Asset Management and Pleiad Investment Advisors deploy Broadridge’s investment management platform Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that BosValen Asset Management and Pleiad Investment Advisors have adopted Broadridge’s all-inclusive trading, portfolio management and operating platform. Over the ...
The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis
July 17th, 2015
There has been so much attention on Greece in recent weeks, but the truth is that Greece represents only a very tiny fraction of an unprecedented global debt bomb which threatens to explode at any moment. As you are ...
China’s unravelling: Will it devalue the yuan next?
July 17th, 2015
China is grasping at policy measures to shore up its economy CHINA could be gearing up to join the global currency wars by devaluing the renminbi. So far this year more than 30 central banks from all over the ...
TradingScreen Deploys TradeCross – A Crossing Platform Developed with the Buy Side
July 16th, 2015
TradingScreen, the leading independent provider of electronic trading solutions, and a group of 15 of the largest long-only asset managers in Europe have launched TradeCross, the first buy side-designed crossing platform for fixed income corporate bonds. With the support ...
Africa Mobile Money Market Worth $14.27 Billion by 2020
July 15th, 2015
According to a new market research report, “Africa Mobile Money Market by Transaction mode (NFC/Smart Cards, Direct Mobile Billing, Mobile Web/WAP Payments, SMS, STK/USSD, and others), by Nature of Payment, by Location, by Type of Purchase, and by Country ...
