Search Results for: JPMorgan Chase
Banking Giants Set to Invest in R3-Rival & Blockchain Startup Axoni
December 20th, 2016
US banking giants Goldman Sachs and JPMorgan Chase are leading a number of other financial institutions to invest in blockchain startup Axoni, a report has revealed. According to Reuters, the banks are looking to invest between $15 to $20 million in ...
Enforcement Director Andrew J. Ceresney to Leave SEC
December 9th, 2016
The Securities and Exchange Commission today announced that Enforcement Director Andrew J. Ceresney will leave the agency by the end of the year. During his nearly four years as head of the agency’s largest division, Mr. Ceresney implemented approaches ...
The world’s oldest bank survival may trigger deep crisis in whole Europe
December 8th, 2016
Monte dei Paschi bailout this weekend could trigger crisis in Italian banking Bankers are running out of private-sector solutions for Monte dei Paschi di Siena and have told the Italian lender to prepare for a state bailout this weekend ...
Crude imports by China will probably slow by more than 60 percent in 2017
December 8th, 2016
China demand growth seen slowing as space for stockpiles fills Asia’s biggest buyer also seen reining in private refiners One of the biggest engines soaking up the world’s oil is starting to sputter. Growth in crude imports by China, the second ...
Three major Banks fined €485 million for Euribor fix cartel
December 7th, 2016
The European Commission has fined Crédit Agricole, HSBC and JPMorgan Chase, a total of € 485 million for participating in a cartel in euro interest rate derivatives. The banks colluded on euro interest rate derivative pricing elements, and exchanged ...
Asian Stocks Rise With Won, Mexican Peso on U.S. Election Day
November 8th, 2016
S&P 500 futures slip after gauge snaps nine-day losing streak Industrial metals reverse gains as gold edges higher Asian equities rose with South Korea’s won and the Mexican peso as Americans prepare to vote in their presidential election with ...
Deutsche Bank Roundup: Where We Are Now
November 7th, 2016
Shares of Deutsche Bank hit record lows last week, as the German lender struggled to come to terms with US regulators over its involvement in the subprime mortgage crisis. Despite receiving a large boost in the final session of ...
Gold Climbs as Vote Jitters Hit U.S. Stock Futures, Mexican Peso
November 3rd, 2016
Polls point to a close race ahead of presidential election Bullion, yen boosted by haven demand as dollar extends slide Investors are becoming more jittery amid a tightening race for the U.S. presidency, sending gold higher for a sixth ...
SFC reprimands and fines two JP Morgan entities HK$5.6 million for regulatory breaches
October 20th, 2016
The Securities and Futures Commission (SFC) has reprimanded J.P. Morgan Securities (Asia Pacific) Limited (JPMSAP) and JPMorgan Chase Bank, National Association (JPMCB), and fined them $3 million and $2.6 million respectively for regulatory breaches including disclosure failures in research ...
Asian Stocks, Bonds Decline as Dollar Extends Post-Yellen Gains
October 17th, 2016
Asia ex-Japan stocks decline with U.S. equity index futures Casino shares sink after China detains Crown Resorts workers Asian bonds fell and the dollar strengthened versus most peers after comments by Federal Reserve Chair Janet Yellen clouded the outlook ...
