Daily Archives: 11/10/2016
Microsoft and Brazilian lender are investing together in financial technology startups
October 11th, 2016
Microsoft Corp (MSFT.O) and Brazilian lender Banco Votorantim are investing together in financial technology startups, executives said in a Monday interview, as the U.S. tech company adds a new specialty to its venture capital portfolio in Brazil. Votorantim will ...
Theranos sued by one of its biggest investors, claiming fraud
October 11th, 2016
One of Theranos Inc.’s biggest financial backers has sued the embattled startup and its founder for allegedly lying to attract its nearly $100 million investment, according to a fund document and people familiar with the matter. Partner Fund Management ...
Goldman Sachs to axe 2000 London jobs if passporting rights lost, report says
October 11th, 2016
Goldman Sachs has drawn up plans to transfer as many as 2000 employees out of London to a new banking centre in Europe should the UK lose its passporting rights, the Independent newspaper reported. The passporting rights allow UK-based ...
CMS, Nabarro and Olswang combine to create 6th largest law firm in the UK and 6th largest globally
October 11th, 2016
The Partners of CMS UK, Nabarro and Olswang have voted overwhelmingly in favour of a proposal to combine their firms and create a new City powerhouse that will become the world’s sixth largest law firm by lawyer headcount (1) ...
GFMA Global FX Division reinforces its global footprint with new member, Scotiabank, and key appointments
October 11th, 2016
The GFMA’s Global FX Division announced the addition of Scotiabank as a new Board member, bringing its total membership to 25 foreign exchange market participants – representing over 85% of the FX dealer market. The Global FX Division promotes ...
Elliott Wave Video Analysis: Price Personality On German DAX Is Pointing Higher
October 11th, 2016
Elliott Wave Video Analysis: Price Personality On German DAX Is Pointing Higher German DAX has been trading south for the last year or so but it might have been only a temporary decline if we consider that structure is ...
Dollar Climbs as Samsung Drives Asian Stock Retreat; Bonds Drop
October 11th, 2016
Bond yields surge as traders bet on December Fed rate hike Offshore yuan falls an eighth day for longest slump since 2014 The dollar climbed versus all its major peers as bonds dropped after investors boosted expectations for a ...
MAS: Falcon Bank to Cease Operations due to serious failures in AML controls
October 11th, 2016
The Monetary Authority of Singapore (MAS) announced today that it is withdrawing the merchant bank status of Falcon Private Bank Ltd, Singapore Branch (Falcon Bank) for serious failures in anti-money laundering (AML) controls and improper conduct by senior management ...
Tuesday, October 11: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
October 11th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for October 11. Gold Open 1258.50, High 1266.80, Low 1258.50, Close 1260.40, 0.68% Changed. Silver Open 17.60, High 17.84… View table below
Tuesday, October 11: OSB G10 Currency Pairs Cheat Sheet & Key Levels
October 11th, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for October 11. EURUSD Open 1.1181, High 1.1201, Low 1.1131, Close 1.1136, -0.56% Change. GPBUSD Open 1.2405 High 1.2443… View table below
