Search Results for: World Bank’s
Deutsche Bank Shares Drop on Fears of Capital Raising
September 27th, 2016
Intensifying concerns about Deutsche Bank AG’s financial health caused its shares to drop Monday and pushed the company into the awkward position of publicly denying that it had sought help from the German government. Shares of Deutsche Bank, one of the ...
IBM in blockchain project with China UnionPay
September 23rd, 2016
Another day, another blockchain project unveiled by a bank, technology company, or consultancy. IBM will join the fray this week by announcing a partnership with China UnionPay to let bank customers exchange bonus points in different loyalty schemes. Arguing that such ...
Asian Stocks Near One-Week High Before BOJ, Fed as Kiwi Climbs
September 20th, 2016
New Zealand dollar gains with milk prices; Taiwan dollar rises European equity futures fall as oil hovers near $43 a barrel Asian stocks held near a one-week high and European equity index futures declined ahead of Wednesday policy decisions ...
Bank of England to develop the next generation of Real-Time Gross Settlement (RTGS) for payments
September 19th, 2016
The Bank of England is consulting on the next generation of its Real-Time Gross Settlement (RTGS) service. RTGS is not a household name. But it lies at the heart of safeguarding the Bank’s mission for monetary and financial stability, ...
Fintech Firm Ripple raises $55 Million In funding
September 16th, 2016
Ripple set out to solve a global problem, with far-reaching implications and significant obstacles. Where others struggle to find a use case and a market, Ripple has turned customers into investors, and capital into commercial deployments of our solutions. ...
KPMG to introduce Digital Ledger Services to help financial services companies
September 15th, 2016
KPMG launches digital ledger services to help financial services companies implement blockchain technology KPMG in Canada announced the introduction of its Digital Ledger Services, a comprehensive suite of services designed to help financial services companies realize the potential of ...
Stocks, currencies gauges rebound from worst slump since June; Emerging Markets
September 13th, 2016
Stocks, currencies gauges rebound from worst slump since June Ringgit sinks with oil as local markets reopen after holiday Emerging markets took a breather, with stocks and currencies rebounding from their worst two-day drop since June, as traders pared ...
Here’s How Europe Implodes, Part 1: Italian Junk Bonds And The End Of Austerity
September 12th, 2016
The “whatever it takes” economy is progressing nicely around the world, with governments and central banks doing things that no 20th century economist would have viewed as possible, let alone wise. Now the question becomes, where does this ...
Emerging Markets Rally as Fed Bets Pulled; Japanese Stocks Fall
September 7th, 2016
Weak U.S. economic data slashes odds of a September rate hike Japanese shares retreat as yen strengthens; oil near $45 Emerging-market stocks and currencies rallied with European equity index futures after a slew of weak U.S. economic data quelled ...
Dollar Drops as Traders Seek Clarity From Yellen Amid Rhetoric
August 26th, 2016
Yellen is likely to point toward December action, Westpac says Any adjustment for ‘near-term hike’ to support dollar: BNP A gauge of the dollar declined for a second day, paring a weekly gain, after Federal Reserve Bank of Dallas ...
