financial services

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EU referendum: Moody’s predicts ‘small’ UK economic hit from EU exit

22/03/2016(0)
The UK economy would be hit by leaving the EU, but the impact would be “small” and unlikely to lead to big job losses, according to credit agency Moody’s. ... Read More
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NYSE Completes Move To A New Regulatory Approach And Announces Key Leadership Appointments

17/03/2016(0)
The New York Stock Exchange, a subsidiary of the Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges, today announced it has completed the transition of its regulatory services, ... Read More
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FINRA Reports on Effective Practices for Digital Investment Advice

17/03/2016(0)
Financial services firms’ offerings of digital investment advice need sound governance and supervision, including effective means of overseeing suitability of recommendations, conflicts of interest, customer risk profiles and portfolio ... Read More
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Amazon to let you pay via selfie?

17/03/2016(0)
Amazon could soon let customers purchase products without a password, using a photo of their face instead. The ecommerce giant has filed a patent to use photos or videos ... Read More
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Traditional Financial Services Firms fear almost a quarter of their business is at risk from FinTechs

15/03/2016(0)
FinTech companies are more bullish, believing they could capture a third of incumbents’ business Results from a PwC survey released today, which assesses the rise of new technologies in ... Read More
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Financial services group based in Japan will Join Blockchain Consortium R3

15/03/2016(0)
SBI Holdings, Inc. (Head Office: Minato-ku, Tokyo; Representative Director and CEO: Yoshitaka Kitao; “SBIH”) hereby announces that it will join blockchain consortium R3 led by R3 CEV LLC (Head ... Read More
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Bob Moritz selected Global Chairman of PwC

08/03/2016(0)
The PricewaterhouseCoopers International Network has selected Robert E. Moritz as its new chairman for a four-year term beginning on July 1, 2016. Since 2009, Mr. Moritz has led PwC ... Read More
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Majority of robo-advisers likely to ‘fall by the wayside’

07/03/2016(0)
As the big financial services firms continue to move into robo-advice, it will become obvious that most start-ups in the sector are simply not viable, says Grail Partners. Speaking ... Read More
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Bank of NY Mellon must face lawsuit over $1.12 billion mortgage loss

04/03/2016(0)
Bank of New York Mellon Corp (BK.N) must face a lawsuit seeking to hold it liable for causing $1.12 billion (£790.7 million) of investor losses by failing to properly ... Read More
blockchain

Bitcoin Technology Tested In Trial By 40 Big Banks

03/03/2016(0)
The technology behind Bitcoin is starting to make progress on Wall Street. By December, financial technology company R3 CEV had brought together a consortium of 42 banks to create ... Read More
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