Search Results for: assets
Asian Stocks Rise With Won, Mexican Peso on U.S. Election Day
November 8th, 2016
S&P 500 futures slip after gauge snaps nine-day losing streak Industrial metals reverse gains as gold edges higher Asian equities rose with South Korea’s won and the Mexican peso as Americans prepare to vote in their presidential election with ...
No matter who wins US Election markets are betting on one truly safe investment
November 7th, 2016
No matter who wins the race for the White House, markets are betting on one truly safe investment, and that is the currency of a country with bleak economic prospects – Japan. Markets had long been pricing in a ...
Switzerland is easing its FinTech regulatory framework to boost its competitiveness
November 4th, 2016
A dynamic fintech system can contribute significantly to the quality of Switzerland’s financial centre and boost its competitiveness. Against this backdrop, the Federal Council called for an easing of the regulatory framework for providers of innovative financial technologies during ...
Asian Stocks Extend Weekly Drop With Oil Below $45; Lira Weakens
November 4th, 2016
Manager’s team said to order unwanted cards for Wachovia staff Leaders ‘intently focused’ on restoring trust after CEO’s exit After Wells Fargo & Co. executive John Sotoodeh handed off more than a hundred branches in Southern California to a ...
Commerzbank CET 1 Capital Ratio Increased to 11.8%
November 4th, 2016
Operating profit of €429 m for third quarter 2016 compared to €351 m for second quarter 2016 (Q3 2015: €452 m) CET 1 capital ratio increased to 11.8% as of end of September 2016 (end of June 2016: 11.5%; ...
Credit Suisse posts positive results for 3Q 2016
November 3rd, 2016
Group reported PTI of CHF 222 million, up 12% compared to 2Q16 Group adjusted* PTI of CHF 327 million, up 13% compared to 2Q16 Combined reported PTI of CHF 1,155 million (adjusted* CHF 847 million) for APAC, SUB and IWM Adjusted* ...
Bitcoin Regulation is on Swiss Government’s Fintech-Friendly Agenda
November 3rd, 2016
Switzerland’s Federal Council has called for reducing the barriers seen by Fintech firms to enter the country which could see broader implications on the country’s regulatory stance on virtual currencies like bitcoin. In a meeting today, the Swiss Federal ...
Gold Climbs as Vote Jitters Hit U.S. Stock Futures, Mexican Peso
November 3rd, 2016
Polls point to a close race ahead of presidential election Bullion, yen boosted by haven demand as dollar extends slide Investors are becoming more jittery amid a tightening race for the U.S. presidency, sending gold higher for a sixth ...
Asia Stocks Drop With Mexican Peso as Election Angst Boosts Gold
November 2nd, 2016
Havens buoyed after poll shows Trump edging ahead of Clinton Kiwi climbs after jobs data damps outlook for more rate cuts A global equities selloff deepened in Asian trading and Mexico’s peso weakened as polls indicated a tightening race ...
What We Can Learn from the Three Wealthiest Traders Today
November 1st, 2016
When we talk of the wealthiest traders in forex, many remember people like George Soros, who made billions from shorting the British Pound in 1992. However, such intense speculative trading is not the way to go for beginner ...