Search Results for: JP Morgan Chase
Deutsche Bank traders reaped $35 million on Turkey turmoil
August 16th, 2018
Deutsche Bank AG fixed-income traders generated a $35 million profit in two weeks as economic turmoil in Turkey triggered a slump in assets across emerging markets, according to people with knowledge of the matter. The traders, who work on ...
Bitcoin slipped below $7,000; Bitcoin leading rivals also retreated
August 7th, 2018
Bitcoin slipped below $7,000 to its lowest level in three weeks, as seemingly positive sentiment surrounding the largest virtual currency soured over the weekend. The digital token fell as much as 6 percent to trade with a $6,000-handle for ...
Emerging currency traders are being kept on their toes
July 30th, 2018
Emerging-market foreign-exchange traders are being kept on their toes even as their counterparts dealing in developed currencies might be struggling to stay awake amid the lull of the northern summer. Implied volatility on emerging-market currencies has surged and ...
Asian stocks halt four weeks of losses, Pound drops; Here are the main market moves
July 13th, 2018
Asian stocks headed for their first weekly advance in five as trade tensions appeared to ease after China refrained from detailing retaliation plans against threatened U.S. tariff increases. The pound slipped on the latest woes from the Brexit quagmire. ...
Stocks in Asia declined, the Euro and the Aussie were down; Here are the main market moves
July 11th, 2018
Stocks in Asia declined with U.S. equity futures, industrial metals and China’s yuan after the Trump administration released the biggest list yet of Chinese goods it may hit with tariff increases, a move that China said will force it ...
Goldman Sachs plans to trade bitcoin futures contracts
May 4th, 2018
Goldman Sachs, one of the most well-known investment banking and financial services providers in the world, announced plans to trade bitcoin futures contracts – a Wall Street first. Goldman’s competitors like JP Morgan have so far shunned the risks ...
Top Islamic bank uncovered internal fraud worth millions
April 30th, 2018
Abu Dhabi’s Al Hilal Bank has uncovered internal fraud as employees helped to steal over $170 million, most now retrieved. Al Hilal Bank PJSC, a top Islamic bank headquartered in Abu Dhabi, has uncovered internal fraud worth more than ...
British pound was little changed, Singapore dollar pared gains, Asian stocks up
April 13th, 2018
Asian stocks built on this week’s advance after signs that trade tensions are easing boosted risk appetite. The dollar steadied and Treasury yields pared gains. Equities from Sydney to Tokyo advanced though were off the day’s highs, while a ...
Euro and British pound rose, Stocks fluctuated in Asia; These are the main moves in markets
April 11th, 2018
Stocks fluctuated in Asia and Treasuries edged higher amid a lack of fresh impetus as an easing of trade tensions paved the way for investors to turn to key U.S. inflation data due Wednesday. The dollar steadied as traders ...
Euro rose 0.1 percent, the sell-off stretched into Asia on Monday; What’s coming up this week
March 26th, 2018
The sell-off that sent global markets into a tailspin last week stretched into Asia on Monday as investors continue to assess the impact that American protectionist policies will have on global growth. U.S. equity futures offered some hope of ...