Search Results for: Wells Fargo
Stocks Limp to End Weak February
March 1st, 2016
Investors remain cautious, as officials guide China’s currency to weakest level in three weeks February’s rally faded Monday, as the Dow industrials hung on to post a small gain for the month while the S&P 500 slipped into negative ...
The rich already use robo-advisers, and that scares banks
February 8th, 2016
Morgan Stanley, Wells Fargo, BofA planning automated services Banks are watching wealthy clients flirt with robo-advisers, and that’s one reason the lenders are racing to release their own versions of the automated investing technology this year, according to a ...
US economy adds 151,000 jobs in January
February 8th, 2016
The US economy added 151,000 jobs in January, helping to push the country’s unemployment rate down to 4.9%. The number was lower than expected and is a sharp slowdown from December, when 292,000 jobs were added. Job losses in ...
Which bank is UAE most valuable?
February 4th, 2016
Emirates NBD is UAE’s most valuable bank Firm makes global branding list released by consultants Brand Finance Emirates NBD have been named the most valuable bank in the United Arab Emirates on a global bank branding list released by ...
R3 brings eleven major global financial institutions together on a cloud based distributed ledger
January 21st, 2016
Financial technology innovation company, R3 CEV, today announced the successful completion of a ground breaking distributed ledger experiment involving eleven of the world’s largest financial institutions. R3 and consortium member banks Barclays, BMO Financial Group, Credit Suisse, Commonwealth Bank of ...
J.P. Morgan to Increase Deposit Rates for Some Big Clients in January
December 29th, 2015
Bank is among first of big peers to boost deposit rates after Fed decision on interest rates J.P. Morgan Chase & Co. will raise deposit rates for some of its biggest clients in January, according to a person familiar with ...
What is blockchain, and can IBM, Intel, and big banks use it to remake the internet?
December 23rd, 2015
Linux was once thought of as the ugly duckling of OS world, an indulgence appealing only to system administrators, power-users, and shut-ins. Today, the Linux kernel underlies Google’s Android OS, the most widespread mobile platform in the world, and ...
Linux Foundation Unites Industry Leaders to Advance Blockchain Technology
December 18th, 2015
New open ledger project to transform the way business transactions are conducted around the world The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced a new collaborative effort to advance the popular blockchain technology. ...
Morgan Stanley Tweaks Brokers’ Pay Plan for 2016
November 23rd, 2015
Minimal changes made a year after brokers grumbled over deferred compensation Morgan Stanley is taking a gentler approach to its broker compensation plan for next year. The securities firm will make small changes to its brokers’ pay plan in ...
Credit Suisse Brokers Decamp for UBS
November 20th, 2015
Most recent move sees UBS hire Los Angeles team of four advisers who oversaw $1.8 billion UBS Group AG is proving to be an attractive destination for Credit Suisse Group AG’s U.S. brokers. In recent weeks, 16 Credit Suisse brokers managing ...
