Search Results for: Global banks
Even gold is not as secure as un-hackable Bitcoin currency – Bitcoin Foundation CEO
May 17th, 2016
The Bitcoin system is said to be reaching its capacity limits – spelling a possible disaster for thousands of those who decided to invest in the world’s top cryptocurrency. One of the leading programists from the company quits it, ...
Asian Shares Retreat Amid Earnings as Yen Gains; Oil, Won Drop
May 13th, 2016
Aussie pressured as CBA forecasts two more rate cuts this year Crude slips from six-month high as copper slides in Shanghai Asian stocks fell, set for a third weekly loss, as lackluster corporate earnings gave little cause for cheer ...
Asia trades lower, as oil prices drop; Westpac shares down 3.7%
May 12th, 2016
Asian stocks fell modestly Thursday, taking cues from declines in U.S. stocks after a string of top-flight retail companies released disappointing earnings. The U.S. markets falls came despite gains in oil prices on better-than-expected inventories data. Shares of Disney had ...
Bloomberg Confirms its FX Benchmarks Comply with IOSCO Principles
May 12th, 2016
Bloomberg announced today the successful completion of an independent assessment confirming the alignment of the BFIX family of benchmarks with the International Organization of Securities Commissions’ principles for financial benchmarks. The assessment was conducted by Ernst & Young LLP ...
IPC Systems announced that it has launched FX Hub
May 11th, 2016
IPC Systems, Inc., a leading global provider of specialized communications and managed network-as-a-service solutions for the financial trading community, today announced that it has launched FX Hub, a low latency, co-located performance solution engineered to address the industry’s most complex ...
Bitcoin operators await regulation in Japan
May 11th, 2016
Bitcoin operators await regulation in Japan amid push for legitimacy and widespread use Bitcoin operators are keenly watching the Diet as it deliberates bills to regulate the currency, believing the legislation is key to regaining the public trust’s in ...
Europe Stocks Rise for 2nd Day as Credit Suisse Leads Bank Gains
May 10th, 2016
Carmakers climb as China auto sales increased in April Pandora jumps on better-than-forecast profit, raised outlook European shares rebounded further as investors speculated a selloff that spurred their worst week since February was overdone, and Credit Suisse Group AG ...
Seamless granted authorization to issue electronic money in Europe
May 10th, 2016
Nasdaq Stockholm-listed Seamless (OMX: SEAM) has been granted authorization by Sweden’s financial supervisory authority, Finansinspektionen, to issue electronic money. This means that SEQR users can send and receive money, worldwide, in real time. Under the terms of the authorization, ...
US-based law firm opened an office in London
May 10th, 2016
Holland & Knight today announced that it has opened an office in London to expand its aviation and maritime finance practices. The office will include six lawyers, all of whom previously practiced at Clark Ricketts, a well-established London law ...
China Stops Trying To Fool The World; World Is Sorry
May 10th, 2016
Something interesting has happened. China earlier this year responded to falling stock prices by borrowing a trillion dollars and spending it on commodities, boosting the prices of iron ore, oil, copper, etc., and giving the global economy a patina ...