The prime brokerage business at Deutsche Bank is going through tough times as investors pulled $1 billion in assets. The CEO had earlier announced “tough cutbacks.” Now, as the company ...
A Libor trial case involving former employees at Deutsche Bank and Barclays is being heard by a London jury. They cleared former Deutsche employee Andreas Hauschild. A former star trader ...
Cost-cutting measures have been put in place at the global banking giant that could see 1 in every 6 jobs in the company axed over the next year – and ...
Social media giant Facebook wants to introduce its cryptocurrency to banks in the US, but the lenders are putting the idea on hold. After struggles with Apple Pay, lenders want ...
The raft of new cloned websites targeting the reputation of the Swiss Investment Corporation have sprung up, almost overnight, and show no signs of abating. The FCA (Financial Conduct Authority) regulated ...
Wall Street ended Wednesday’s trading slightly lower as investors took time to understand a reading on May consumer inflation. Also, the US-China trade stalemate has become a significant worrying point. ...
The blockchain technology has evolved significantly in the past decade. An increasing number of real-life cases is being reported around the world. Analysts and experts believe that, if implemented correctly, ...
The people of Turkey no longer deem the Lira as valuable. Many Turks prefer to use foreign currencies. Some institutions are also choosing forex (foreign exchange) or precious metals. Forex ...
The bankruptcy trustee of Gallant Capital Markets and AFX recently reached a settlement where the defendant will pay $83,000 as the full and final payment for any claims. The trustee ...
The EU has fined 5 banks for a total of 1.07 billion Euros for participating in currency fixing cartels. The Royal Bank of Scotland (RBS) was involved in both the ...
