Search Results for: World Bank
Can You Imagine The Fed Raising Rates In This World? Currency Crisis Edition
August 13th, 2015
A month ago China’s stock bubble was bursting and Greece was imploding. Yet the US Fed, in a violation of both headline sentiment and common sense, was still promising to raise interest rates come September. Fast forward to this ...
FIS to Acquire SunGard, Deepens Enterprise Banking and Capital Markets Solutions
August 13th, 2015
Key facts The combined company will have over $9.2 billion in annual revenues. Upon closing, FIS will be uniquely positioned to offer a broad range of enterprise banking and capital markets solutions to empower financial institutions and businesses worldwide. ...
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion
August 6th, 2015
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy in order to meet the 2% inflation target and in a way that helps to sustain growth and employment. At its meeting ending on 5 August 2015, the MPC ...
Dukascopy Bank acquires 100% of Alpari Japan K.K. and enters the Japanese market
August 6th, 2015
Dukascopy Bank has issued a press release to announce that the company confirms closing of taking over the Japanese Type-1 licensed broker Alpari Japan K.K. Alpari Japan K.K. will be renamed Dukascopy Japan K.K. shortly and will offer forex trading ...
Global Banks report their results
August 4th, 2015
Commerzbank, Deutsche Bank, BNP Paribas, UBS AG, Mitsubishi UFJ Financial Group, Inc. and HSBC issued reports to inform public regarding interim results HSBC Holdings plc HSBC Holdings plc 2015 Interim Results – highlights Financial performance Reported profit before tax ...
8 Banking Giants Embracing Bitcoin and Blockchain Tech
July 28th, 2015
In its relative short history, bitcoin – and its underlying technology the blockchain – have captivated thinkers around the world, but not everyone was quick to see the potential. Due in part to its initial billing as a threat ...
One of the World’s largest Mutual Fund wants to trademark Fidelitycoin
July 27th, 2015
FMR LLC, which is the parent company of Fidelity Investments, has filed with the US Patent Office and Trademark Office to trademark “FIDELITYCOIN.” Application number 86699431 concerns “financial services, namely, financial exchange services for virtual currency; electronic wallets; charitable services in ...
Copper, China And World Trade Are All Screaming That The Next Economic Crisis Is Here
July 27th, 2015
If you are looking for a “canary in a coal mine” type of warning for the entire global economy, you have a whole bunch to pick from right now. “Dr. Copper” just hit a six year low, Morgan Stanley ...
The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis
July 17th, 2015
There has been so much attention on Greece in recent weeks, but the truth is that Greece represents only a very tiny fraction of an unprecedented global debt bomb which threatens to explode at any moment. As you are ...
Barclays’ second boss in a week exits the bank
July 16th, 2015
BARCLAYS deputy chairman Sir Mike Rake has become the second casualty of newly-installed chairman John McFarlane in a week, after he confirmed plans to leave the bank “by the end of 2015” yesterday – which leaves the rest of ...
