Search Results for: financial institutions
Blockchain firms in $1.3b virtual currency battle
September 12th, 2017
Two of the world’s largest blockchain developers are battling over more than US$1 billion (S$1.3 billion) in virtual currency options, in a dispute that may help establish the leading player in providing new payment technologies to financial companies. R3, ...
DGCX and Ayedh Dejem Group to launch the Middle East’s first-ever Sharia compliant Spot Gold contract
August 21st, 2017
The Dubai Gold & Commodities Exchange (DGCX) and Ayedh Dejem Group, a conglomerate from the Kingdom of Saudi Arabia, have agreed to develop and launch the Middle East’s first-ever Sharia compliant Spot Gold contract to be traded on an ...
Singapore warns of potential risks of virtual currency-related investment schemes
August 10th, 2017
The Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) have observed the emergence of initial coin (or token) offerings (ICOs), and other investment schemes involving digital tokens, in Singapore. Members of the public are advised to ...
Thomson Reuters integrates and enhances MiFID II research unbundling compliance solutions in Eikon
August 9th, 2017
Thomson Reuters has integrated and enhanced its robust research capabilities on its flagship financial desktop Eikon as part of its ongoing commitment to help financial institutions manage impending MiFID II research unbundling requirements set to be implemented in January, ...
Global fintech investment rebounds in Q2 2017
August 7th, 2017
Total global fintech investment more than doubled quarter over quarter in Q2’17 to US $8.4 billion, up from US$3.6 billion in Q1’17, according to the KPMG Pulse of Fintech report. Global M&A investment helped drive the fintech market rebound, ...
Mastercard and PayPal Expand Partnership in Asia Pacific
August 3rd, 2017
Mastercard and PayPal Expand Partnership in Asia Pacific to Spur Mobile and Digital Commerce Mastercard (NYSE: MA) and PayPal (NASDAQ: PYPL) today announced an extension of their partnership into Asia Pacific to enhance the consumer experience and make Mastercard ...
Global law firm reveals FY17 results; Record global revenues
August 2nd, 2017
Global law firm Baker McKenzie has issued today a press release to announce revenues for the fiscal year ended 30 June 2017 (FY17). Below is the announcement a it was published: Baker McKenzie, the leading global law firm, has announced ...
Reserve Bank of New Zealand says lower external debt is encouraging but some risks remain
July 18th, 2017
A large improvement in New Zealand’s net foreign liabilities as a share of GDP since 2009 makes the economy less vulnerable to shocks, Deputy Governor Geoff Bascand said in a speech today. “New Zealand’s net foreign liabilities – what ...
Barclays and former executives charged with fraud conspiracy
July 3rd, 2017
Ex-CEO John Varley, Roger Jenkins among four men charged Charges relate to Barclays’s 2008 capital raising with Qatar Barclays Plc and four former executives will appear in a London court for the first time Monday to face allegations they ...
Ethereum jumps the most among the larger capitalized cryptos in the last 24-hours
June 29th, 2017
Ethereum’s price swings high and low. Today, the number two crypto is up big time after falling hard in the prior 24-hour period. Ethereum posted the biggest gain among the larger capitalized cryptos in the last 24-hour period, jumping ...