Search Results for: Tradition
Report on Financial Structures details structural changes in the euro area financial sector
October 30th, 2015
New ECB report covers banks as well as other financial intermediaries Banks, insurance companies and pension funds in largest euro area economies exposed primarily domestically Consolidation and rationalisation in the banking sector continued in 2014, and the median Tier ...
India: People can deposit their gold in banks and earn interest on it
October 29th, 2015
Attention, Indians! Your gold will soon earn money for you Earlier in the week, the RBI issued norms for implementation of the gold monetisation scheme, under which customers can deposit their gold in banks and earn interest on it. ...
Most law firms misunderstood future role of technology, say Altman Weil
October 27th, 2015
Law firms are going through a ‘dawning recognition’ of the role of high tech in the legal sector – but it may be too late for some practices, according to an Altman Weil report. The ‘Law Firms in Transition’ ...
Saxo Payments unveils new community for fast, low cost cross border transfers
October 27th, 2015
Saxo Payments Banking Circle Saxo Payments, the global transactions services provider, today at Money 2020 unveils the new brand – Banking Circle – for its international payments community. A marketplace that disrupts the status quo of traditional international B2B ...
A robo-adviser may be in the works for Morgan Stanley
October 23rd, 2015
Wealth Management President Gregory Fleming says a digital platform could attract younger clients to the firm Morgan Stanley may be eyeing its own robo advice platform. During the Money Management Institute fall conference on Wednesday, Morgan Stanley Wealth Management ...
Deloitte: Bitcoin at the crossroads
October 22nd, 2015
There is a race to regulate Bitcoin. Is it too soon? Bitcoin has captured the imagination of consumers and businesses around the world as a major breakthrough in how value is exchanged. The Bitcoin “blockchain” is a fundamental breakthrough ...
OPEC Is About to Crush the U.S. Oil Boom
October 21st, 2015
U.S. oil output almost back down to level of last OPEC meeting Saudi-led strategy is paying off, says Societe Generale After a year suffering the economic consequences of the oil price slump, OPEC is finally on the cusp of ...
P2P lending platform expands into mainland Europe with the acquisition of Zencap
October 21st, 2015
Funding Circle launches across Europe with deal for Rocket Internet-backed Zencap Leading global marketplace for business loans expands into Germany, Spain and the Netherlands Funding Circle, the world’s leading online marketplace for business loans, today announced it has joined ...
Foreign Investors Complain About Russia’s Unpredictable Laws
October 21st, 2015
Unpredictable lawmaking is undermining Russia‘s ability to attract foreign investors, the Foreign Investment Advisory Council (FIAC) — a group of the biggest foreign companies working in Russia — told Prime Minister Dmitry Medvedev on Monday. A report by financial services ...
ETF industry expects nearly 18% growth per year over next three to five years
October 20th, 2015
90% of ETF providers expect positive net new business in next 18 months 27% expect cumulative annual growth rate of more than 25% over next three to five years US continues to lead ETF market, though Europe and Asia ...