With all that’s going on right now, it seems as though euro should be heading lower. However, the 19-nation currency is mostly higher today, gaining against many of its…
Posts published in August 2016
In recent years the online publishing business has faced serious disruptions. With a business model heavily reliant on targeted ads, which pay per click or…
US Dollar Gains on Revived Hopes of a 2016 Rate Hike
US dollar is heading higher today, gaining as hopes are revived for another rate hike by the end of the year. Inflation numbers weren’t as low as expected, and many Forex traders are looking…
Yesterday the Chinese securities regulator and the Hong Kong financial regulatory authorities announced that they are approving the deployment of a stock connect bridge between…
Deutsche Börse Group, LSE Merger Reaches 89% of Shares Tendered
Deutsche Börse AG and the London Stock Exchange Group (LSEG) have passed another threshold Wednesday, which saw the tender of 89.04% of Deutsche Börse shares…
TransferWise Enters the Corporate Payments Space
London-based international currency transfer platform, TransferWise has announced that it is getting into the corporate payments space with the rollout of TransferWise for Business. We’re…
United Overseas Bank Trains Bankers on Alternative Finance
Singapore-based United Overseas Bank has started conducting training sessions with over 100 commercial bankers on alternative financing as it looks to strengthen its support for…
Intellect GTB, a provider of a financial technology solutions for the banking and insurance sector, has appointed Mikael Estvall as its newest Senior Vice President…
Publicly traded Polish brokerage XTB has just reported on the outcome of the first half of 2016. The company’s key metrics have dropped somewhat according…
Chinese Authorities Arrest 450 in Underground Banking Crackdown
The flow of capital out of countries or jurisdictions has always been a contentious issue, with China arresting upwards of 450 suspects after cracking down…