Search Results for: financial crisis
Is One Of These Companies The Next FinTech Unicorn?
June 21st, 2016
What happens when you take FinTech, one of trendiest sectors out there right now and put it together with the equally popular field of behavioral economics? You get a new sweet spot in finance that’s attracting more than its share ...
Asia shares rise, sterling steadies ahead of Brexit vote
June 21st, 2016
Asian shares rose after a tentative start on Tuesday, cautiously extending a rally triggered by growing expectations that British voters will opt to remain in the European Union in this week’s referendum. MSCI’s broadest index of Asia-Pacific shares outside ...
How far UK pound is expected to crash after a Brexit: Goldman Sachs
June 16th, 2016
Brexit could trigger a huge sell-off in the pound, sending the currency down by as much as 11% against a basket of the world’s most important currencies, according to new research from Goldman Sachs released late on Wednesday. Goldman ...
George Soros Is Preparing For Economic Collapse – Does He Know Something That You Don’t?
June 13th, 2016
Why is George Soros selling stocks, buying gold and making “a series of big, bearish investments”? If things stay relatively stable like they are right now, these moves will likely cost George Soros a tremendous amount of money. But ...
What is fintech?
June 3rd, 2016
If nothing else it is on course to become a $20bn market this year. Fintech was once simply shorthand for financial technology (a portmanteau). But in 2008-09 in the post financial crisis world, Fintech began to take on a ...
Can the IMF afford to stand back on Greece bailout money?
May 30th, 2016
IMF turns its back on Europeans in Greece bailout The IMF said it won’t give another penny until it sees a concrete plan from the Europeans to substantially cut the country’s debt burden. The “breakthrough” deal announced Wednesday to ...
The top 10 countries with the largest gold holdings
May 26th, 2016
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest annual total since the end of the gold standard—with Russia ...
$175 Million Penalty for Citibank
May 26th, 2016
CFTC Orders Citibank, N.A. and Japanese Affiliates to Pay $175 Million Penalty for Attempted Manipulation of Yen LIBOR and Euroyen TIBOR, and False Reporting of Euroyen TIBOR and U.S. Dollar LIBOR Citibank, N.A. Has Been Subject to Three CFTC ...
FCA Research into the issue of de-risking
May 25th, 2016
The Financial Conduct Authority has issued a press release to make publish a research regarding the issue of de-risking. Below is the announcement as published from FCA: The FCA, along with fellow agencies and authorities, has a long-standing programme ...
Deloitte trashed the hype around the $US180 billion fintech industry
May 24th, 2016
Deloitte just trashed the hype around the online lending industry. The accountancy and consultancy practice has done a deep dive on the online lending industry and its conclusions should make for devastating reading for anyone connected to the sector. ...