What is an Initial Coin Offering (ICO)?
November 2nd, 2017
Initial coin offerings have come out of nowhere in 2017 to become the talk of Silicon Valley and Wall Street. Programmers have raised over $3.2 billion this year by selling their own virtual currencies to investors. That is 3,000 ...
FMA commentary on ICOs and cryptocurrencies
October 25th, 2017
The Financial Markets Authority (FMA), a regulatory authority for the capital markets and financial services in New Zealand, has published commentary on initial coin offers (ICOs) and cryptocurrency services alongside online resources for investors. Innovation is increasingly shaping financial ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
Oil steady after U.S. crude stockpiles drop; traders watch Gulf of Mexico storm
August 24th, 2017
Oil was steady on Thursday, holding gains from the previous session after another fall in U.S. crude inventories indicated a tighter market, and as a tropical storm was heading for oil producing facilities in the Gulf of Mexico. Brent ...
Business Analysts – Nicosia
May 18th, 2017
Business Analysts – Nicosia Reference Number: BAN1017 The position: We are looking for passionate and self-motivated professionals to join our Business Anlysis team! The main responsibilities of the position include: Designing, implementing and maintaining adequate reporting to monitor the ...
ICO flags hedge fund role in coffee price tumble
May 10th, 2017
Hedge funds are the primary cause of the drop in coffee prices which has driven both arabica and robusta futures to multi-month lows, the International Coffee Organization said, noting broad correlations in commodity moves. The ICO, which said that ...
Puerto Rico Has Filed for the Biggest-Ever U.S. Local Government Bankruptcy
May 4th, 2017
Puerto Rico announced a historic restructuring of its public debt on Wednesday, touching off what may be the biggest bankruptcy ever in the $3.8 trillion U.S. municipal bond market. While it was not immediately clear just how much of ...
Bondholders filed to sue Puerto Rico
May 2nd, 2017
Bondholders filed to sue Puerto Rico Tuesday in the first legal challenge that hit the U.S. territory after a freeze on litigation that protected it from lawsuits expired amid a deep economic crisis. A group representing those who bought ...
Semiconductor Company and Former CFO Settle Accounting Fraud Charges
May 2nd, 2017
The Securities and Exchange Commission today announced that a South Korea-based semiconductor manufacturer and its former CFO have agreed to settle charges related to an accounting scheme to artificially boost revenue and manipulate the financial results reported to investors. ...
Silicon Valley Bank and First Data launch fintech accelerator
April 11th, 2017
Silicon Valley Bank, the bank of the world’s most innovative companies and their investors, and First Data (NYSE: FDC), a global leader in commerce-enabling technology, today announced their collaboration on Commerce.Innovated., an accelerator designed to help commerce, payments and fintech ...
