Search Results for: World Bank
Stock Market 2018: The Tao vs. Central Banks
December 7th, 2017
The central banks claim omnipotent financial powers, and their comeuppance is overdue. I will be the first to admit that invoking the woo-woo of the Tao as the reason to expect a reversal of the stock market 2018 ...
Swiss banks crack down on suspected Saudi money laundering
December 6th, 2017
Banks in Switzerland have started reporting suspicious account activities among some of their Saudi clients to the Swiss Money Laundering Reporting Office, reports the Financial Times. The regulator is reportedly reviewing data on potentially suspicious transactions linked to Saudi ...
Europe Markets: Bank Rally Helps Lift European Stocks To Highest Finish In 3 Weeks
November 30th, 2017
European stocks closed at a nearly three-week high on Wednesday, boosted by a rally in the region’s bank shares a day after U.S. Federal Reserve Chairman-nominee Jerome Powell said he hopes to ease financial regulations. The U.K. stock market, ...
Corn and lean hogs top agricultural commodity bets for 2018, says Rabobank
November 23rd, 2017
Corn is the top bullish bet among agricultural commodities for 2018, followed by lean hogs, Rabobank said, in a briefing which cautioned over the potential for market influences from La Nina to freight. The bank, in its annual briefing ...
KPMG is facing a battle to remain as auditor to the Bank of England
November 6th, 2017
KPMG is facing a battle to remain as auditor to the Bank of England as rivals plot to end its decade-long tenure in the prestigious role. Sky News has learnt that officials from Britain’s central bank contacted other accountancy ...
Supervisory authorities around the world warn of unauthorised financial services entities
October 23rd, 2017
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Austria (Financial Market Autority – FMA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Ireland (Central Bank of Ireland), Hong Kong (Securities and Futures Commission – SFC) ...
Supervisory authorities around the world warn for unauthorised financial services entities
September 18th, 2017
The supervisory authorities of Australia (Australian Securities and Investment Commission- ASIC), United Kingdom (Financial Conduct Authority – FCA), Hong Kong (Securities and Futures Commission – SFC), Belgium (Financial Services and Markets Authority – FSMA), Denmark (Danish Financial Supervisory Authority ...
Low European Union sugar stocks ‘protecting producers’ from world price tumble
September 7th, 2017
The low level of European Union sugar inventories is seeing the bloc’s producers secure relatively high prices on supply contracts, despite weak world values, and indeed strong European output prospects. Headline market dynamics would appear to suggest the potential ...
Several big banks are teaming up for a new digital currency
August 31st, 2017
Six of the world’s biggest banks have joined a project to create a new digital currency, the Financial Times reported Thursday. The crytocurrency will be used for clearing and settling transactions over blockchain. Barclays, Credit Suisse, Canadian Imperial Bank ...
Barclays is the first UK high street bank that lets you make a payment by simply asking Siri
August 21st, 2017
Customers will now be able to make payments by saying ‘Hey Siri, Pay £15 with Barclays’ No need to open the app – rely on Siri and use TouchID to authenticate The technology will enable customers with dexterity ...
