Search Results for: Global banks
R.B.S. Hires Former Barclays Lawyer as General Counsel
March 29th, 2016
The Royal Bank of Scotland said on Thursday that it had hired a top lawyer who used to work at its British banking rival Barclays to serve as its new general counsel. The lawyer, Michael Shaw, served as deputy ...
‘Perfect Storm’ of events dampens optimism among financial services firms – CBI/PwC
March 29th, 2016
Optimism among firms in the financial services sector has fallen at the fastest rate since 2011, according to the latest CBI/PwC Financial Services Survey. The quarterly survey of 104 financial services firms found that respondents in banking and investment ...
IBM blockchain leader Jerry Cuomo using ‘shadowchains’ to launch moonshots
March 28th, 2016
IBM has been building momentum behind blockchain by championing the Linux Foundation’s Hyperleder Project and creating its own Open Blockchain (OBC) among other things. IBM’s vice president of blockchain Jerry Cuomo, who recently gave testimony before US Congress about ...
Round tables held by ACCA and Grant Thornton: Audit needs to respond more quickly to change
March 28th, 2016
Round tables point to concerns over Audit in developed countries A series of round tables held by ACCA (the Association of Chartered Certified Accountants) and Grant Thornton in seven countries across the world has revealed a series of highly diverse opinions ...
FSMA warns the public against the activities of supposed law firms
March 24th, 2016
The Financial Services and Markets Authority (FSMA) has issued a press release to warn the public against the activities of the supposed law firms Cole & Rushton LLC and Ernst & Taylor LLP, which are offering to help victims ...
HSBC reports on Oil prices scenarios
March 24th, 2016
Despite hopes that lower oil prices will stabilise global growth, experience suggests otherwise. Growth was disappointing in 2015 even though the oil price had plunged in 2014. While developed-world consumer spending grew at the fastest rate since before the ...
Asia markets slip amid Fed concerns, oil fall
March 24th, 2016
Asia markets ended lower Thursday, amid fresh declines in oil prices and concerns the U.S. Federal Reserve may hike interest rates sooner than expected. Japan’s Nikkei 225 ended down 108.65 points, or 0.64 percent, at 16,892.33, while South Korea’s Kospi index fell 9.15 ...
What actually is … Blockchain technology?
March 23rd, 2016
A new technology is causing a stir in the FinTech community: Blockchain has many market experts believing that it is the greatest achievement of the past decade for financial technology and the most important digital innovation since the internet ...
J.P. Morgan Executives Say Regulators Should Approve IEX as Exchange
March 23rd, 2016
The country’s largest bank is siding with upstart market IEX Group Inc. in its effort to create a new stock exchange that pledges to be a haven for long-term investors. Executives at J.P. Morgan Chase & Co. say regulators should approve IEX’s ...
LME deploys Shield repository to support Belt and Road initiative
March 23rd, 2016
The London Metal Exchange (LME) today announces a strategic alliance with Henry Bath & Son Ltd, CMST Development Co Ltd and Mercuria Energy Trading to list warehouses for the LME’s new LMEshield repository in regions along China’s ‘The Belt ...
