Search Results for: World Bank
China Foreign Exchange Trade System (CFETS) joins R3 distributed ledger consortium
November 3rd, 2016
Financial innovation firm R3 has announced the addition of China Foreign Exchange Trade System (CFETS), China’s official interbank market trading platform, to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Shanghai, CFETS ...
Here’s How the US Presidential Election Will Affect the Markets; BlackRock
November 3rd, 2016
The 2016 U.S. election is unusually consequential. BlackRock’s Chief Equity Strategist Kate Moore examines what it could mean for investors. The 2016 U.S. election is unusually consequential. The underlying dynamics are driven by widening income inequality across the world, ...
UBS to cut several dozen wealth management jobs: sources
November 2nd, 2016
UBS will cut several dozen jobs at part of its private bank, three sources familiar with the matter told Reuters, part of a previously announced organizational restructure. The Swiss bank told staff in May it was rejigging its flagship ...
Don’t Sweat The Election. The Next Crisis Is Already Baked Into The Cake
November 1st, 2016
Friday was one of those days where you walk away from the screen for a minute and come back to find a completely different market. All it took was the FBI finding a trove of new Clinton emails, thus ...
Swiss rail ticket machines to sell bitcoins
November 1st, 2016
Bitcoin users will soon be able to buy the digital currency from Swiss rail ticket machines. The pilot project starts on November 11 and will initially last two years to see how much demand there is for the service. ...
Asian Stocks Rise With Metals on China PMI as RBA Boosts Aussie
November 1st, 2016
Australian rate-cut bets pared after central bank meeting China manufacturing gauges increase to two-year highs Asian stocks reversed losses and industrial metals rallied after an unexpected pickup in manufacturing in China, the biggest driver of global economic growth. Australia’s ...
IronFX to integrate iSignthis Paydentity
October 31st, 2016
Highlights: • iSignthis to remotely verify IronFX customers • IronFX to meet the EU’s 4th AML Directive and PSD2 via iSignthis iSignthis Ltd (ASX : ISX) is pleased to announce that it has entered into an agreement with the global leaders ...
The law firms that won roles in transaction that to be the largest European technology M&A deal
October 31st, 2016
Allen & Overy (A&O) and DLA Piper have won roles among US heavyweights as Qualcomm acquires Dutch firm NXP Semiconductors for $39bn. Smartphone chip designer Qualcomm has agreed to the world’s biggest automotive chip maker NXP in a deal worth $47bn including ...
New York’s bitcoin hub dreams fade with licensing backlog
October 31st, 2016
New York’s financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopted trailblazing virtual currency rules last year. But the state lost that momentum when the agency’s chief left, putting a licensing ...
Asian Energy Stocks Fall as OPEC Split Hits Oil; Dollar Gains
October 31st, 2016
Crude drops after OPEC talks end without individual quotas Gold rises after FBI reopens probe of Clinton’s emails Asian energy stocks fell with oil after the world’s biggest crude producers failed to agree on supply cuts, while rising metals prices ...
