Search Results for: brokers
New credit card rules introduced by the Financial Conduct Authority
February 28th, 2018
The Financial Conduct Authority (FCA) has published its final policy statement on new rules for the credit card market. The FCA estimates the changes will save consumers between £310 million and £1.3 billion a year in lower interest charges. ...
European stocks end higher as Wall Street extends its rally
February 27th, 2018
European stocks closed in the green Monday, with investors starting the week in the mood to take on risk following Friday’s rally on Wall Street, and as U.S. stocks extended their march higher. How markets are trading The Stoxx ...
What You Need To Know About Digital Currency Security
February 27th, 2018
Last year, the value of the major cryptocurrencies, led by Bitcoin, increased by over 2,000%, leading many investors to believe that digital currencies were truly the investment asset class of the present and future. However, there are many factors ...
FCA statement on proposals to introduce a public register
February 27th, 2018
Later this year, the Financial Conduct Authority (FCA) will consult on proposals to make information available on a wider range of individuals at authorised firms. The FCA and Prudential Regulation Authority (PRA) currently maintain a public Financial Services Register, ...
Mobile payment expects to grow 13% globally
February 27th, 2018
In 2018, more than a third of smartphone users worldwide will use their mobile phone to pay for a purchase a physical point of sale (POS) at least once every six, eMarketer estimates. The company analysed quantitative and qualitative ...
Oil prices give up earlier gains as rising U.S. supply outweigh signs of demand gains
February 27th, 2018
Oil prices on Tuesday erased earlier gains as investor concerns about rising U.S. oil output offset signs of stronger demand and faith in the ability of OPEC production curbs to curtail supply. U.S. West Texas Intermediate (WTI) crude for ...
Household financial assets and liabilities in the EU
February 26th, 2018
Total financial assets of households in the European Union (EU) reached €33 850 billion in 2016. The assets mainly consisted of insurance, pensions and standardised guarantees (38.8% of all household financial assets), currency and deposits (30.4%), equity and investment ...
Volkswagen Settles U.S. Emissions Lawsuit Just Before Trial
February 26th, 2018
Volkswagen AG came to an agreement to settle a lawsuit over the company’s marketing of clean-emissions vehicles, resolving a contentious fight over consumer fraud claims just before it was about to go to trial. The suit was dismissed on ...
French financial regulators warn the public for an unauthorised investment services provider
February 26th, 2018
The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) are warning the public against the activities of bil patrimoine and the website www.bil-gestionpatrimoine.com proposing investment services and savings accounts without being authorized ...
Asian shares mostly firmer, dollar loses early edge
February 26th, 2018
Asian shares made guarded gains on Monday as investors braced for an event-packed week headlined by U.S. inflation data and the first House testimony by the new head of the Federal Reserve. Spread betters also pointed to a stronger ...
