Search Results for: Global banks
Mobile Money Revolution In Africa
August 2nd, 2017
These Global Payments Players Are Attempting To Move In On Mobile Money Revolution In Africa Africa is home to several mobile payment platforms and services like M-Pesa, yuCash, Orange Money, eTranzact and EcoCash, among several others, which have been ...
Why economists cannot forecast recessions
July 28th, 2017
The purpose of this article is to draw the widest attention to the chronic inability of the economic establishment to forecast recessions. Next time you hear an economist make a prediction on mainstream media, your default assumption should ...
China says will persist with crackdown on forex irregularities
July 28th, 2017
China will maintain a crack down on forex irregularities to ensure stability in the currency market and the broader economy, the country’s forex regulator said on Friday, in a sign Beijing will continue to keep a tight leash on ...
Thomson Reuters Strengthens Buy-Side Trading Workflow Offering
July 26th, 2017
Thomson Reuters combines Eikon’s unique content and functionality, Elektron market data and Autex liquidity and connectivity with REDI’s award winning EMS capabilities to deliver a powerful workflow solution to the buy-side. Thomson Reuters has completed a key milestone in ...
Dollar returned to its lowest in almost a year; Aussie Falls
July 21st, 2017
Stocks in Asia pared a back-to-back weekly advance while the dollar returned to its lowest in almost a year as investors assess an investigation into the U.S. president that may stall his economic agenda. The Australian dollar plunged the ...
Morgan Stanley reported second quarter earnings well above expectations
July 20th, 2017
Morgan Stanley shares jump after earnings, revenue easily beat the Street Morgan Stanley reported second quarter earnings Wednesday that soundly topped expectations, helped by an increase in stock trading revenues and profits from its wealth management business. Earnings per ...
Reserve Bank of New Zealand says lower external debt is encouraging but some risks remain
July 18th, 2017
A large improvement in New Zealand’s net foreign liabilities as a share of GDP since 2009 makes the economy less vulnerable to shocks, Deputy Governor Geoff Bascand said in a speech today. “New Zealand’s net foreign liabilities – what ...
SWIFT extends KYC Registry membership to all supervised financial institutions
July 18th, 2017
SWIFT, a global member owned cooperative and the world’s leading provider of secure financial messaging services, has issued an announcement to inform that it has opened membership in its KYC Registry to all supervised financial institutions. Since the launch ...
The logic of a modern gold standard
July 14th, 2017
The logic of a modern gold standard In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the Shanghai Cooperation Organisation to break from the US dollar completely, ...
Swiss bank becomes first to offer bitcoin to its richest clients
July 14th, 2017
A Swiss bank is now offering to buy bitcoins for its clients. As of Wednesday, investors can ask their asset manager at Falcon Private Bank, a boutique investment firm headquartered in Zurich, to purchase and store bitcoin on their ...
