Daily Archives: 18/08/2016
UBS’ blockchain chief is leaving
August 18th, 2016
The man leading UBS’ exploration of blockchain and cryptocurrency technologies is leaving the bank, according to an internal memo seen by Business Insider. Alex Batlin is leaving “to pursue an opportunity outside of UBS” the memo written by UBS’ ...
Eight big FX participants commit to new service
August 18th, 2016
The fast-moving and competitive world of post-trade blockchains sees a new entrant in the form ofCobalt DL, a distributed ledger technology platform looking to slash costs in the world of FX trade processing. Cobalt DL was co-founded by Andy Coyne, ...
Rabobank staff paid settlements for manipulating Euribor interest rates
August 18th, 2016
Four Rabobank staff and one former colleague have paid settlements of up to €3,000 for their role in manipulating internal interest rates. Three of the four workers held senior positions at the bank, the Financieele Dagblad reported. It is ...
Elliott Wave Analysis On GBPUSD And SILVER
August 18th, 2016
GBPUSD Since we can count five waves up on the GBPUSD, then current move to the upside could be blue wave b, if infact a flat correction emerges. This means that we then expect a five wave move down ...
Employee of the accounting software supplier Sage arrested in fraud probe
August 18th, 2016
A 32-year-old employee at software firm Sage has been arrested at Heathrow airport, police have said. City of London police said the woman was arrested on Wednesday in connection with a fraud investigation and has since been bailed. Earlier ...
Brokers: Agreed bid for William Hill is a rank outsider
August 18th, 2016
The odds are against a deal being agreed for the acquisition of bookie William Hill PLC (LON:WMH), according to Investec. The broker reckons the robust nature of the rejection statement means that the chances of suitors 888 Holdings PLC ...
Cypriot energy company is to buy two Israeli gas fields
August 18th, 2016
The Cypriot oil and gas company will pay Delek $148.5 million for the two small Israeli gas fields. Cypriot energy company Energean Oil & Gas is to buy Israel’s Tanin and Karish gas fields from Delek Group Ltd. (TASE: DLEKG) units Avner Oil ...
Ex-JPMorgan vice president guilty on 9 counts of insider trading
August 18th, 2016
Ex-JPMorgan Chase V.P. guilty on 9 counts of insider trading in father’s $1M windfall Sean Stewart, a former investment vice president at JPMorgan Chase, helped his father and others make more than $1 million in illegal trades from 2011 ...
Winning an Olympic medal comes with a tax bill
August 18th, 2016
Many of the country’s best athletes have given the U.S. big wins at this year’s Olympics, and the U.S. is going to give them something right back: a tax bill. That’s right — winning an Olympic medal comes with ...
Sweden heads to cashless society
August 18th, 2016
Sweden is becoming a cashless society due to high consumer awareness of e-payments and card usage levels, a new report reveals. Swedish consumers use cards with a frequency of 134.3 transactions per card per year – higher than the ...
