Search Results for: banks
Brexit Triggers Office Oversupply Fears in London
November 16th, 2016
Barclays Plc is planning to reduce 25% of its London office space, a trend that could intensify as companies fret the Brexit blowback. According to sources familiar with the matter, Barclays is planning to sublease its existing offices in ...
The UK and China have reached a new fintech agreement
November 16th, 2016
In the latest example of cross-border cooperation between governments on fintech, the UK and China agreed to form a fintech bridge on Thursday, as part of a series of new measures to strengthen economic ties between the countries. The UK already has ...
MAS, R3 and Financial Institutions experimenting with Blockchain Technology
November 16th, 2016
The Monetary Authority of Singapore (MAS) today announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology. This project could potentially avail ...
Asian Stocks Rebound Amid Dollar Retreat as Trump Shock Fades
November 16th, 2016
Zinc retreats from six-year high as yuan extends slide Major crude producers are holding talks to agree output cuts Asian stocks rose for the first time in four days and the dollar weakened versus most peers as investors questioned ...
Mobile Trading Partners announces new Multi-Asset Web Trader with built-in Advanced Charts and Trade from Chart
November 15th, 2016
Mobile Trading Partners today announced their new Web Trader product at the FM London Summit. The MTP Web Trader will be released to it’s first broker clients in January 2017 – MTP’s first sales contract including this product ...
Playtech buys CHF for $120m
November 14th, 2016
Playtech (LSE: PTEC) today announces it has agreed to acquire Consolidated Financial Holdings A/S (“CFH”), a technology company with products including a leading Straight Through Processing (“STP”) brokerage which provides retail brokers with multi-asset execution, prime brokerage services, liquidity ...
Perilous government finances
November 13th, 2016
President-elect Trump stated in his victory speech that he intends to make America great again by infrastructure spending. Unfortunately, he is unlikely to have the room for manoeuvre to achieve this ambition as well as his intended tax cuts, ...
Citibank Launches Challenge to Apple and Google With Citi Pay
November 11th, 2016
Citi is the latest company to enter the mobile wallet wars, which is dominated by Apple Pay, Android Pay, PayPal, Samsung Pay, and others. On Thursday, the finance titan unveiled Citi Pay, a new mobile wallet for Android phone ...
Gold and Bitcoin jumps after Trump win; investors seek safe assets
November 10th, 2016
Digital currency joins gold surge as bitcoin price climbs nearly 4% after Trump win Trump’s shock election wins sent shock-waves across the world’s financial markets. As uncertainty reigned supreme, investors turned away from equities and towards bitcoin. Joining the ...
How America’s new president will affect the global economy
November 10th, 2016
From trade war with China to jobs turmoil in Mexico, Trump’s reign will pose new threats to already fragile world economy Donald Trump’s victory in the US presidential elections will have implications for the whole global economy. Mexico America’s ...
