The EU finance commissioner announced that the European Commission might come up with a set of new rules regarding bank capital, which may be proposed in the European Union by June 2020. These rules are according to the agreement made globally about two years ago to bring a reform in the banking sector. According to […]
Leading company MarketInvoice has changed its name to MarketFinance here on Tuesday. The company has also launched a new business loan product starting from today. The latest product is meant for loans with a limit of £250,000 over a period of three years. The company is also expected to scale to facilities worth over £1m […]
JP Morgan, which earlier admitted financial research firm Limeglass into it’s in residence program for incubating promising start-ups, has now bought a stake in the firm. Head of Transformation & Implementation for sales and research at JP Morgan, Hussein Malik said, “We are continuously investing in technology to help deliver industry-leading content and to help […]
In a new development, MEDICI Global Inc and Open Financial Technologies Pvt. Ltd. has now created a comprehensive report on the possibilities of Banking as a Service. However, that is not all; the said report was presented at the highly influential Singapore Fintech Festival, where it laid out the possible impact of Banking as a […]
Over the past few decades, BlackRock has emerged as one of the most important private equity firms in the world, and if the company makes an investment decision, then it is generally big news. In a new development, it has emerged that BlackRock Inc. has decided to raise its stakes in specialty rental services company […]
London-based globally reputed multinational professional services platform, Deloitte’s Middle-East arm has added another achievement to its credit with the addition of 1,200 new staff-members, thereby strengthening the core build-up of the organization. The current fiscal year has been quite good for the leading firm as all its businesses and industries spread in every corner of […]
China’s factory gate inflation rose for the first time in March since the last nine months. This was a result of the prices rising in global commodities and indications that the government was putting in an effort to boost the economy, which affected the domestic demand as well. Consumer inflation also picked up, showing a […]
The Chief Executive Officer of British banking giant Standard Chartered believes that the economic slowdown in China and the associated issues related to the trade war with the United States is gradually receding in the country. The words of the bank’s CEO Bill Winters carry a lot of weight since the British bank has a […]
Economists in India are concerned about the sharp slowdown experienced by the Indian economy. At a meeting with the Chief of the Reserve Bank of India, the economists have proposed a monetary policy boost in order to support growth according to the participants. The Governor of Reserve Bank of India, Shaktikanta Das met with concerned […]
In a new development, MEDICI Global Inc and Open Financial Technologies Pvt. Ltd. has now created a comprehensive report on the possibilities of Banking as a Service. However, that is not all; the said report was presented at the highly influential Singapore Fintech Festival, where it laid out the possible impact of Banking as a […]
The United States has now sought the help of its private players for fighting its priority and its power in the international forum. As there have been instances of the United States imposing financial sanctions on Iran, it now tries to put all its private players, especially the oil industry to fall in the lone […]
Over the course of the history of the financial industry, there have been hundreds of instances in which rogue traders have gone on to incur huge losses for having made unauthorized trades. In the past few decades, the instances of such conduct have reached remarkable levels at some of the biggest financial trading institutions in […]
