Blockchain shows great promise to improve accounting issues

While blockchain tech is poised to disrupt a wide variety of industries, it is also poised to dramatically impact those professions that serve all industries. One area that appears ... Read More

European stocks end mixed; miners gain

European stock markets closed mixed in light post holiday trade on Wednesday, with miners pushing higher, while Italian banks led decliners on ongoing concerns about the future of Banca ... Read More

Italy creates $20 billion fund to back troubled banks

Italy’s government has set up a backstop fund to shore up troubled banks, setting the stage for the rescue of troubled Italian lender Banca Monte dei Paschi di Siena ... Read More

Deutsche Bank Reaches $7.2 Billion Settlement Over Toxic Securities

The Obama administration scrambled to resolve its remaining crisis-era megabank mortgage cases, striking a $7.2 billion settlement Thursday with Deutsche Bank AG over toxic securities while separately filing a ... Read More

COMCO fines banks for participating in the EURIBOR cartel

The Competition Commission (COMCO) has closed its investigation against certain banks related to interest rate derivatives in euro with an amicable settlement and imposes total fines of approximately CHF ... Read More

Hong Kong to Start 2017 Disruption With Fintech Festival

The first fintech event of 2017 will see 24 startups from across the globe heading to Hong Kong as part of the week long StartmeupHK Festival. 2017 is expected ... Read More
Bank of Greece

Central Bank of Greece forecast a strengthening of growth for 2017

Today, in accordance with its Statute, the Bank of Greece submitted its Interim Report on Monetary Policy 2016 to the Speaker of the Greek Parliament and the Cabinet. Progress ... Read More

European Stocks Hover Near 1-Year High, Set for 2nd Weekly Gain

European stocks held steady after closing at their highest level since January on Thursday, heading for a second week of gains. The Stoxx Europe 600 Index rose less than ... Read More

Banks can continue to rally as rates rise, experts say

Experts believe bank stocks still have a lot to gain, even though the sector has already rallied 21 percent in the last three months. The key sector ETF initially ... Read More
Traders work on the floor of the New York Stock Exchange

European shares move towards 11-month high on stronger banks

STOXX Europe 600 index up 0.2 pct Banks advance on Fed’s move, hints Precious metals miners among top fallers European shares rose on Thursday, helped by gains in global ... Read More
Broker Cyprus TopFX