How money is created Since the Eurosystem launched its accommodative non-standard monetary policy measures, the central bank reserves of commercial banks in the euro area have gone up sharply, ... Read More
Monte dei Paschi bailout this weekend could trigger crisis in Italian banking Bankers are running out of private-sector solutions for Monte dei Paschi di Siena and have told the ... Read More
A new study reveals in which countries lawyers are making the most money and working the least hours. Get ready to pack your bags. Feeling overworked and underpaid? The ... Read More
A federal judge in New York has ruled that bitcoin constitutes a form of money. The ruling comes from the ongoing case involving the now-defunct Florida bitcoin exchange Coin.mx and one ... Read More
Transferwise Inc., the global money transfer startup, is getting ready to free itself from relying on banks. The five-year-old London-based company is known for splashy ad campaigns. These feature ... Read More
Africa may be slowest to embrace fintech, but the continent is ripe for disruption. WHAT IT MEANS: Australia’s progress a benchmark for Africa. Africa’s unbanked are an opportunity for ... Read More
The Securities and Exchange Commission today announced an asset freeze it has obtained against three men who aren’t registered to sell investments and allegedly went on lavish shopping sprees ... Read More
Sorry bitcoiners, the US court system doesn’t think your digital currency is real money. At least, Miami-Dade circuit court judge Teresa Mary Pooler doesn’t. Yesterday (July 25), Pooler handed ... Read More
Oil below $45 a barrel as gold retreats with copper, nickel Ringgit sinks as 1MDB scandal in focus; yuan strengthens Asian stocks fell with European equity index futures as ... Read More
Japan’s Topix climbs, yen falls amid talk of helicopter money Sterling rises before forecast cut in U.K. interest rates The rally that drove Asian stocks to levels last seen ... Read More
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