Search Results for: JP Morgan
Oil prices stable as OPEC says market is rebalancing
October 10th, 2017
Oil prices were steady on Tuesday as OPEC said there were clear signs the market was rebalancing and as U.S. production remained offline following Hurricane Nate. U.S. West Texas Intermediate (WTI) crude futures were trading at $49.66 per barrel ...
PayPal reports record revenues
July 27th, 2017
PayPal has issued today an announcement to publish Second Quarter 2017 Financial Results. According the results: PayPal drove record revenues, volume, and net new actives: In the second quarter, we added 6.5 million net new active accounts to our payments ...
Samsung SDS joins blockchain consortium for shipping industry
May 31st, 2017
Samsung SDS is accelerating its blockchain drive by strengthening alliances both domestically and abroad. The system integrations service company said Wednesday it has launched a blockchain consortium for shipping and logistics. Public organizations and private enterprises have joined the ...
Deutsche Bank: 4,000 jobs at risk of being moved out of UK after Brexit
April 27th, 2017
Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new regulations Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new ...
HKEX and LME announce new LME Chief Executive and leadership structure
April 24th, 2017
Hong Kong Exchanges and Clearing Limited (HKEX) and the London Metal Exchange (LME), a wholly-owned subsidiary of HKEX, are pleased to announce the appointment of Matthew Chamberlain as Chief Executive of the LME effective immediately subject to the approval ...
The decline and fall of the EU
April 11th, 2017
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an ...
Numerix Acquires TFG Financial Systems
March 9th, 2017
Numerix, the leader in risk technology today announces the acquisition of TFG Financial Systems, the only real-time risk, P&L and position management system in the industry. TFG’s dependency graph capabilities, at the heart of its SaaS risk and portfolio ...
Citibank N.A. settles for being part of forex trading cartel
February 21st, 2017
Today, the Competition Commission has filed with the Competition Tribunal a settlement agreement reached with Citibank N.A. for being part of the forex trading cartel. The Commission found that from at least 2007, Citibank N.A. and its competitors had ...
Hong Kong police struggle to stop brokerage hacking spree
February 16th, 2017
Hong Kong police are struggling to deal with digital pump-and-dump schemes targeting brokerages – a little-known type of computer-generated fraud that surged in the Chinese territory last year. Although the money involved was small – only about $20 million ...
The Fed Lifts Interest Rates On Outlook For Firmer Growth
December 16th, 2016
The Federal Reserve announced an increase in interest rates yesterday, nudging its target rate up by 25 basis points to a 0.50%-to-0.75% range. The central bank’s revised economic projections were slightly more hawkish too. Meantime, the government yesterday reported ...
