Search Results for: Pound
Google’s Schmidt says UK is leader in e-commerce, says
December 30th, 2015
The UK is the world leader in e-commerce, former Google boss Eric Schmidt has told the BBC. Now executive chairman of Google parent company Alphabet, Mr Schmidt said there was no reason why a hundred billion pound tech start ...
Commodity losses
December 18th, 2015
Markets have been extraordinarily complacent about the bad debts building up in the financial system. In the wake of the Fed’s decision to raise interest rates this week, the effect on debt was barely mentioned in the subsequent analysis ...
Gold battered by dollar strength after Federal Reserve’s interest-rate hike
December 17th, 2015
Commerzbank analysts say precious metal could see recovery in 2016 Losses for gold futures were building on Thursday, as the metal succumbed to some dollar strength in the wake of the first interest-rate increase by the U.S. Federal Reserve ...
Cloud Access Security Brokers Market by Solution & Service – Grow From USD 3.34 Billion in 2015 to USD 7.51 Billion by 2020
December 17th, 2015
Research and Markets has announced the addition of the “Cloud Access Security Brokers Market by Solution & Service – Global Forecast to 2020” report to their offering. This industry forecast the cloud access security brokers market size to grow from USD 3.34 Billion in ...
Barclays to Sell Former Lehman Bond Benchmarks to Bloomberg
December 17th, 2015
Bank makes $721 million gain selling analytics, index business Sale comes as new CEO Jes Staley speeds up non-core disposals Barclays Plc agreed to sell the indexing business built around former Lehman Brothers benchmarks to Bloomberg LP for about ...
ASIC implements clearing regime in Australia for OTC derivatives
December 14th, 2015
ASIC has today released rules implementing Australia’s mandatory central clearing regime for over-the-counter (OTC) derivatives of financial institutions – the ASIC Derivative Transaction Rules (Clearing) 2015 (derivative transaction rules (clearing)) and explanatory statement. The mandatory central clearing regime will ...
MP calls for FRC accounting body to investigate KPMG over HBOS
December 14th, 2015
Britain’s accounting standards watchdog has made a “serious mistake” in refusing to open a formal investigation into accountancy firm KPMG over the way it checked the books of HBOS bank before it collapsed, a senior UK lawmaker said on ...
China Forex Reserves Fall to Lowest Level in More Than Two Years
December 8th, 2015
Numbers suggest Beijing is struggling to control capital outflows as a U.S. rate increase looms China’s foreign-exchange hoard fell in November to its lowest level in more than two years, reigniting concerns about Beijing’s ability to stem the outflow ...
China Begins G-20 Leadership With Ideas to Reduce Dollar’s Role
December 7th, 2015
South Korea, France to lead working group exploring SDR use China exploring ways to make system more resilient to shocks As China takes the reins of the Group of 20 for the coming year, the first indications are emerging ...
Brokers Working for Hayes Would Say One Thing, Do Another
December 4th, 2015
Danny Wilkinson testifies for first time on Libor charges Hayes was `the best trader I’ve ever seen,’ Wilkinson Says A former ICAP Plc broker who once described Tom Hayes’s requests to manipulate Libor as “so illegal, it’s ridiculous,” told ...
