All The World's News
Recent News Headlines : Other Services
1. WHAT ARE PING POOLS?
Dark pools currently account for about 15 percent of U.S. stock market trading, while ping pools handle less than 2.5 percent... READ MORE›
JAPAN'S RAKUTEN SAYS MAY BUY ASAHI FIRE & MARINE INSURANCE
Rakuten, which operates one of Japan's most popular shopping websites, also offers online securities trading, commercial banking, credit cards and life insurance services... READ MORE›
CHALLENGES OF DIGITAL PAYMENT IN AFRICA [BUSINESS AFRICA]
In turn, digital platforms are changing the face of access to financial services even for those in the deepest parts of Africa... READ MORE›
PARADISE PAPERS: YOUR RETIREMENT CASH MAY BE IN THE CAYMANS. CAN YOU GET IT BACK?
The tidal wave of cash has flowed from public pension systems into so-called alternative investments private equity, hedge funds, venture capital firms and real estate... READ MORE›
CHINA'S FOREIGN OWNERSHIP CAP CHANGE MAY STIR INTEREST IN SMALLER BANKS
Beijing's landmark move to ease or remove limits on foreign ownership in China's financial sector will likely stoke acquisition interest in smaller banks, Fitch Ratings said... READ MORE›
CHINA WIDENS FOREIGN ACCESS TO ITS GIANT FINANCIAL SECTOR
A security guard walks on the bund in front of the financial district of Pudong in Shanghai, China July 27, 2017... READ MORE›
CHINA LIFTS FOREIGN OWNERSHIP LIMITS ON FINANCIAL FIRMS
Financial services further opening definitely has been high on our list, said Ken Jarrett, President of American Chamber of Commerce in Shanghai... READ MORE›
WALL STREET IS WORRIED INVESTORS HAVE DUMPED TOO MUCH CASH
INTL FCStone, the financial services company, said recently that cash in mutual fund portfolios had dropped to 3.3 percent, also an all-time low... READ MORE›
Trending News Headlines : Other Services
CANADA'S BIG BANKS ADMIT THEY OVERCHARGED CUSTOMERS -- WHAT WENT WRONG?
In a no-contest settlement, TD agreed to pay more than 13.5 million to clients who were hit with excess fees... READ MORE›
HSBC THERES NOW A VERY HIGH CHANCE OF A SEVERE FALL IN US STOCKS
With the U.S. stock market selling off aggressively on October 11, we now issue a RED ALERT, he writes... READ MORE›
TRUMP'S TRANSITION TEAM PLEDGES TO DISMANTLE DODD-FRANK ACT
Americans want to hold the big banks accountable, Warren said... READ MORE›
THE OIL TRADER KNOWN AS 'GOD' IS CLOSING DOWN HIS MAIN HEDGE FUND
Andy Hall is not alone, said Philippe Ferreira, a strategist at Paris-based Lyxor Asset Management that invests in hedge funds... READ MORE›
THIS CHART PREDICTS TRUMP WILL WIN UNLESS THE SP RALLIES IN OCTOBER
But the pattern is solid, as shown in this chart by Sam Stovall, equity strategist for S&P Global Market Intelligence1... READ MORE›
THIS IS THE FIVE-WORD MESSAGE THAT GOT A CITIGROUP TRADER FIRED
Trader David Madaras his job as the bank fought to appease regulators probing the foreign-exchange scandal engulfing the industry... READ MORE›
CONSUMER ANXIETY IN CHINA UNDERMINES GOVERNMENTS ECONOMIC PLANS
Those who have lost money in the ongoing stock market crash are especially anxious... READ MORE›
CHINAS RESPONSE TO STOCK PLUNGE RATTLES TRADERS
What's happening in China is definitively spooking people, said Dawn Fitzpatrick, the chief investment officer of O'Connor, a 5.6 billion hedge fund owned by UBS... READ MORE›
2016'S BEST AND WORST PERFORMING HEDGE FUNDS
Distressed-debt hedge funds, mostly concentrated in energy-related bets, profited from the rally in oil prices this year, returning 12 percent on average... READ MORE›
DUBLIN EXPLOITS BREXIT UNCERTAINTY TO LURE FIRMS FROM LONDON
One client, he says, has a checklist of 27 factors to compare various alternatives to London... READ MORE›
CHINAS PARTY-RUN MEDIA IS SILENT ON MARKET MAYHEM
The slump in the stock markets is destroying what remains of investor confidence, and this problem is profoundly serious, the paper said in a front-page commentary... READ MORE›
CHINA'S $9 TRILLION MORAL HAZARD IS NOW TOO BIG TO IGNORE
Specialized asset management products, issued mostly to institutional investors by China's mutual fund companies, were worth 16.5 trillion yuan, and brokerage firms had issued 14.8 trillion yuan... READ MORE›
DONALD TRUMP'S LABOR SECRETARY PICK ANDREW PUZDER OWES MILLIONS TO UBS AS BANK SEEKS WAIVER FROM SANCTIONS
Donald Trump's Labor Secretary Pick Andrew Puzder Owes Millions To UBS As Bank Seeks Waiver From Sanctions... READ MORE›
HERE'S WHY ISRAELI FINTECH STARTUPS ARE CONQUERING THE MARKET
Beyond investing, a growing number of international power players are developing long-term partnerships with Israeli fintech startups... READ MORE›
CITI PREPARING TO MOVE 900 STAFF TO DUBLIN FROM LONDON
Reuters is the news and media division of Thomson Reuters... READ MORE›
HEDGE FUNDS ARE GETTING PRICED OUT IN THE WORLD'S COSTLIEST CITY
In Asia, where about 75 percent of hedge funds tracked by Eurekahedge Pte... READ MORE›
ICAHN SAYS TRUMP BETTER FOR U.S. ECONOMY THAN CLINTON
Trump would aim to reduce such regulations, Icahn said... READ MORE›
BRITAIN URGED TO INCREASE CYBER SECURITY IN FINANCIAL SERVICES
This means making sure that financial cyber crime has a high priority, and is not subordinate to other work, he said... READ MORE›
DONALD TRUMP'S LABOR SECRETARY PICK ANDREW PUZDER OWED MILLIONS TO UBS AS BANK SEEKS WAIVER FROM SANCTIONS
Labor Department waivers for convicted banks have become increasingly controversial in recent years... READ MORE›
'SOMETHING IS CLEARLY WRONG': POLL SUGGESTS OLDER CANADIANS WANT GOVERNMENT TO PROTECT SAVINGS
Carp members also want rules requiring financial industry workers to act in best interests of clients... READ MORE›
HACKERS EXPOSE NSA FINANCIAL SPYING ARSENAL GLOBAL BANKING SYSTEM POTENTIALLY AT RISK
Instead the IP addresses are listed to machines at EastNets, the largest SWIFT Bureau in the Middle East, managing payments for financial clients... READ MORE›
WILL HEDGE FUND MILLIONAIRES FLEE SOUTH IF THEY FACE HIGHER TAXES? WALL STREET FIGHTS MOVE TO CLOSE LOOPHOLE
Florida is now home to more hedge funds 309 than New Jersey 305, according to Preqin... READ MORE›
DEUTSCHE BANK GETS TOP INVESTOR SUPPORT, CEO IN TALKS WITH BANKS
Deutsche Bank declined to comment on Cryan's discussions... READ MORE›
HEDGE FUND BOSSES MAKE THEIR CASE FOR MERE PEOPLE
Hedge fund managers, for example, traditionally charged clients 2 percent of assets and 20 percent of profits... READ MORE›
BANKS WANT TO BE SUBJECT TO EU LAWS FOR FIVE YEARS IN POST-BREXIT DEAL
Exclusive Banks want to be subject to EU laws for five years in post-Brexit deal... READ MORE›
BANCO POPOLARE, BPM SHAREHOLDERS BACK CREATION OF ITALY'S THIRD BIGGEST BANK
Banco Popolare CEO Pier Francesco Saviotti said the bank was working on the sale of 650 million euros in bad loans to be completed by year-end... READ MORE›
WALL STREET MONEY BACKS EFFORT TO REPEAL DODD-FRANK REFORMS
More specifically, the group noted, the CHOICE Act's yea-voters received, on average, $72,191 from those finance firms, compared to nay-voters' average of $40,437... READ MORE›
WHILE COMEY AND TRUMP FEUD, WALL STREET MOVED ONE STEP CLOSER TO REPEALING DODD-FRANK
Except for one Republican defector, the House voted along party lines to pass the Financial CHOICE Act and advance President Donald Trump's anti-regulatory agenda... READ MORE›
U.S. START-UP R3, BANKS TEST RIPPLE'S CROSS-BORDER PAYMENTS TECHNOLOGY
Holding various currencies across many accounts is costly, Ripple said, because banks have to fund those accounts... READ MORE›
FEATURE THE FALL OF CHINAS HEDGE-FUND KING
The story of Xu Xiang starts with the beginning of the Chinese market itself... READ MORE›