Search Results for: financial crisis
Revamped rules for EU finance: Mifid II; What is MiFID II?
January 17th, 2018
Mifid II, a major revamp of European Union finance rules took effect on January 3, 2018. Its goals: Greater transparency, competitiveness and efficiency in financial instruments, and less scope for fraud and malfeasance. What is MiFID II? It’s a ...
Study Finds That 22 Percent Of Bitcoin Investors Are Using Debt To Fund Their Investments
January 16th, 2018
Investing in cryptocurrencies such as Bitcoin, Ripple, Ethereum and Litecoin is extremely risky, and experts all over the country are warning that people should only invest what they are willing to lose. Unfortunately, many are getting swept up in ...
Why 2018 global growth will be strong, and why there is still cause for concern
January 16th, 2018
Global growth accelerated to 3 percent in 2017, supported by a broad-based cyclical recovery encompassing more than half of the world’s economies, and is expected to edge up to 3.1 percent in 2018. Global trade regained significant momentum, supported ...
Traders review: What to watch out for this week, Asian stocks built on the strong start to this year
January 15th, 2018
Asian stocks built on the strong start to this year and headed for a fresh record high amid optimism in global growth. The yen advanced as traders continued to pile out of bets against the Japanese currency. Hong Kong’s ...
FCA UK released the appointment of new Chair
January 8th, 2018
HM Treasury announced the appointment of Charles Randell CBE as the new Chair of the Financial Conduct Authority (FCA). Charles is currently an external member of the Prudential Regulation Committee of the Bank of England and a non-executive board ...
Monetary update for the dollar
December 1st, 2017
A dispassionate look at the quantities and flows of fiat dollars tells us much about the current state of the US economy, and therefore prospects for the dollar itself. This is a starting point for understanding the dynamics likely ...
Asian Stocks Were Mixed, Yen Little Changed, Korean Won And Pound Rose
November 29th, 2017
Asian stocks were mixed as Chinese shares swung between gains and losses and a North Korean missile test overshadowed a surge in U.S. equities. The dollar was steady as U.S. tax cuts inched closer to reality. Shares in Tokyo ...
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 ...
Wall Street’s three major indexes ticked up; Asian shares hit 10-year high
November 1st, 2017
Asian shares hit a 10-year high on Wednesday on the back of solid economic growth globally, while oil prices extended a bull run on hopes that major oil producers will maintain their output cuts. MSCI’s broadest index of Asia-Pacific ...
Merrill Lynch fined £34.5 million for failures under EMIR
October 24th, 2017
Merrill Lynch International (MLI) has been fined £34,524,000 by the Financial Conduct Authority (FCA) for failing to report 68.5 million exchange traded derivative transactions between 12 February 2014 and 6 February 2016. This is the first enforcement action against ...
