Search Results for: Fed
Deutsche Bank is thinking a partial exit from the US market
October 18th, 2016
Reports in local media in Germany indicate that Deutsche Bank is currently mulling over a strategy overhaul as far as the United States is concerned and an exit from the country couldn’t be ruled out. The bank was been ...
DCU Becomes First Credit Union to Join Chamber of Digital Commerce
October 18th, 2016
Digital Federal Credit Union (DCU) has joined the Chamber of Digital Commerce, the world’s leading trade association representing the blockchain industry. Its membership reflects DCU’s reputation as an early adopter of technology, which it earned as one of the ...
Asian Stocks Rise as Mixed U.S. Data Damp Rate Hike Outlook
October 18th, 2016
Japan’s Topix index fluctuates between gains and losses N.Z.’s benchmark index tumbles 1.3 percent to three-month low Asian stocks rose as mixed U.S. economic data supported the case for monetary policy to remain accommodative. The MSCI Asia Pacific Index ...
The Total Amount Of Debt In The World Just Hit A Record $152,000,000,000,000 (152 Trillion)
October 17th, 2016
If anyone ever asks you how much debt there is in the world, now you will know the answer. According to the IMF, the total amount of debt around the globe has now hit a staggering 152 trillion dollars. ...
The bitcoin technology to be tested to cut costs in document exchanges
October 17th, 2016
Sberbank and the Federal Antimonopoly Service of the Russian Federation have launched a pilot project called Digital Ecosystem for exchanging documents using blockchain technology. The goal of the project is to study the possibilities of distributed document storage, which ...
About 15 Swiss banks reportedly in money laundering ‘red zone’
October 17th, 2016
Roughly 15 Swiss banks are in a”red zone” of lenders particularly exposed to money laundering risks, the head of Swiss banking watchdog Finma said in a newpaper interview published yesterday. Swiss federal prosecutors last week said they have opened ...
Asian Stocks, Bonds Decline as Dollar Extends Post-Yellen Gains
October 17th, 2016
Asia ex-Japan stocks decline with U.S. equity index futures Casino shares sink after China detains Crown Resorts workers Asian bonds fell and the dollar strengthened versus most peers after comments by Federal Reserve Chair Janet Yellen clouded the outlook ...
Fixed FX? Now for the rest of the front office
October 16th, 2016
The forex fines were big headlines back in 2014. Since then, the FCA, and firms themselves, have done a huge amount to fix ineffective controls and ensure that FX traders couldn’t behave in a way that would damage the ...
How not to manage a currency
October 15th, 2016
Make no mistake, sterling’s collapse is a very serious development, and has serious consequences for sterling interest rates. While it is becoming apparent that interest rates are going to have to rise possibly for all currencies on a one-year ...
Deutsche Bank Is Said to Begin Companywide Hiring Freeze
October 14th, 2016
Deutsche Bank has instituted a company wide hiring freeze as the embattled lender looks to speed up efforts to reduce costs and regain the confidence of investors as concerns mount about the progress of its turnaround, according to a person ...
