Search Results for: Ripple
Hong Kong Exchanges Peers at London Stock Exchange-Deutsche Börse Merger Talks
March 3rd, 2016
HKEx chief Charles Li says deal would put ‘pan-European exchange powerhouse on the horizon’ The operator of Hong Kong’s stock exchange said Wednesday it is keeping a close eye on advanced merger discussions between London Stock Exchange Group PLC and Deutsche ...
RBC tests distributed ledger for remittances and loyalty programme
February 26th, 2016
The Royal Bank of Canada (RBC) is the latest financial services giant to go public with its distributed ledger progress, confirming that it is working with Ripple on cross-border payments and experimenting with a blockchain-based loyalty platform. RBC, which ...
PwC Director: Blockchain Impact Could Create Winners and Losers
February 25th, 2016
Global professional services giant PricewaterhouseCoopers (PwC) became the latest big-name firm to make its blockchain service offerings public this month, unveiling a solution portfolio designed to take business clients from ideation to iteration as they explore the emerging technology. The ...
Japan’s Largest Bank developed its own digital currency
February 4th, 2016
Bank of Tokyo-Mitsubishi UFJ (MUFG) has revealed that it has developed its own digital currency nicknamed “MUFG coin” as part of its research into blockchain and distributed ledger technology. According to The Asahi Shimbun, the digital currency project seeks ...
BaFin has published a report on FinTechs: Young IT companies on the financial market
February 1st, 2016
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) of Germany, has published a report on the topic FinTechs: Young IT companies on the financial market. According to BaFin, an internal BaFin project group started work on the topic ...
Russian Oil: Output Grows as Prospects Shrink
January 25th, 2016
Plummeting prices and U.S.-led sanctions raise questions about Russian oil’s capacity to continue underwriting Putin’s global ambitions In the frosty swamplands of West Siberia, the drilling rigs of oil giant OAO Lukoil are helping raise Russia’s oil output to its highest ...
Iran Nuclear Deal Stokes Anxiety Among Its Rivals
January 18th, 2016
Foes worry about how Tehran will use billions of dollars of unfrozen oil receipts Iran celebrated the removal of economic sanctions on Sunday, even as regional rivals warned that it was still out to destabilize the Middle East and ...
SEC Charges 11 Bank Officers and Directors With Fraud
January 14th, 2016
The Securities and Exchange Commission today announced fraud charges against 11 former executives and board members at Superior Bank and its holding company involved in various schemes to conceal the extent of loan losses as the bank was faltering ...
PwC economists reveal predictions for 2016
January 11th, 2016
G7 to grow at fastest rate since 2010, led by US and UK Geopolitics (rather than economics) will top policymakers’ agendas Commodity prices will remain lower for longer End of the Eurozone crisis African population to rise in 2016 ...
Meet 2016’s Worst Economic Performers Flirting With Disaster
January 11th, 2016
For the world’s worst-performing economies, no good will come from New Year’s resolutions to do better. For many, 2016 will only bring more disappointment, say economists surveyed by Bloomberg. Oil-rich Venezuela will contract by 3.3 percent this year, the ...
