Search Results for: central banks
Taiwan banks suspend ATM services after thieves steal $3 million with help of malware
July 13th, 2016
Taiwan’s top eight banks have suspended services on 900 Automated Teller Machines(ATMs) across the island, after thieves made off with NT$70 million (S$2.94 million) in a coordinated heist, apparently with the help of malware. Bank of Taiwan, Chang Hwa Bank, First Bank and ...
Integral Announces OCX RiskNet, a Mid-point Matching Engine for Banks, Retail Brokers and Investment Managers
June 21st, 2016
— Safe and anonymous customer-to-customer matching — Easily offset risk positions with natural, opposite interest at the Integral FX Benchmark midrate — Seamlessly integrated to Integral’s FX Yield Manager and InvestorFX — OCX now delivers the most comprehensive suite ...
The European Central Bank keeps key interest rates at historic lows
June 2nd, 2016
The European Central Bank held key interest rates at historic lows Thursday, but made no announcement regarding Greece despite speculation it may offer a helping hand to its cash-strapped banks. Meeting in the Austrian capital instead of its usual ...
About 27% of banks left Russian market in two crisis years — Sberbank expert
May 19th, 2016
According to the analyst the number of banks reduced from 922 (as of early 2014) to 697 as of May 2016 About 27% of banks left the Russian market in two crisis years, most of them are medium banks ...
Europe Shares Rise With Banks as Investors Speculate on Fed Hike
May 19th, 2016
Fed presidents said that at least two hikes may be warranted Burberry retreats after reporting drop in annual earnings Banks propelled a rebound in European stocks, while investors weighed the possibility of the Federal Reserve increasing interest rates sooner ...
Macy’s Crushed By Amazon, Italian Banks Crushed By Euro
May 12th, 2016
This is a tale of changing environments and the organisms that are, as a result, dying off. First, consider the bricks and mortar retailers. Amazon, the dominant online seller of virtually everything, reports a spectacular quarter with soaring sales ...
Saudi $10 Billion Financial District Is Missing One Thing: Banks
April 20th, 2016
Saudi Arabia’s $10 billion financial hub in Riyadh will have gleaming towers connected by sky bridges, cutting-edge climate technology and a monorail that can circle the whole area in 11 minutes. What it doesn’t have yet are banks. Not ...
Blockchain won’t kill banks: Brock Pierce
April 12th, 2016
Blockchain – the technology that underpins the cryptocurrency bitcoin – is unlikely to kill banks despite warnings from top industry executives, the chair of a bitcoin non-profit organization told CNBC on Monday. Last week, Andrey Sharov, a vice president ...
Italy Forms $5.7 Billion Fund to Shake Off Doubts in Banks
April 12th, 2016
Fund to help weakened banks sell shares and unload bad loans Atlante fund managed by Quaestio Capital investment firm Italian officials and bank executives agreed to create a multibillion-euro fund to help troubled lenders raise capital and offload bad ...
Central Bank of Russia informs on revocation of banking licence
April 12th, 2016
The Central Bank of the Russian Federation (Bank of Russia) has issued an announcement to inform in relation to its decision to revoke the banking licence from the credit institution Joint-stock Commercial Bank KROSSINVESTBANK open joint-stock company. Due to the non-compliance ...
