The first licensed bank to launch its own cryptocurrency is the European Union Bank AG. Based in Liechtenstein, the bank is setting out to disrupt how financial institutions think of altcoins, as it will be launching its very own digital currency. As reported by AMB Crypto, the Bank commented on their decision to launch a…
Read moreCEO Anthony Jenkins has been fired by Barclays following a dispute with the board of directors. Deputy Chairman Sir Michael Rake said "a new set of skills" was required at the head of the group
Read moreOmar Barriento, Head of Treasury at the Industrial and Commercial Bank of China, reveals the true potential of Latin America - Live from Lima, Peru
Read moreEurope's central bank has lost a court case which would have mandated relocation of firms managing financial trades in euros from London to the Eurozone. With London a strong world financial center, this ruling marks a milestone victory which ensures the continued presence of the electronic trading sector in its de facto home
Read moreHSBC asserts that divergence in the application of similar rules to the same contract under MIFID II may lead to increasing fragmentation in markets for transactions which are heavily relied on by European industries and businesses
Read moreNorth America's CFTC has joined the FCA and FINMA in concluding its investigations into FX rate manipulation, with five banks in line for a $1.4 billion fine, taking the total so far to $3.3 billion, with Barclays' fate yet to be decided
Read moreAs industry dialog continues to gain weight since the onset of the global investigation into the alleged practice of FX rate manipulation by banks, order management system provider Barracuda FX's CEO has spoken publicly on how to resolve the matter.
Read moreUS banking giant paid $318 million in exchange and clearing fees to the CME and Chicago Board of Trade, but had unexplained over-accruals of approximately $451,318 from 196 clients
Read moreComplimenting its spot FX product range, Swiss FX marketplace Dukascopy Bank has begun to offer CFDs in demo mode, with live account access to follow in due course
Read moreFounding shareholder Veronika Duka assumes the leadership position as CEO at the technologically advanced Swiss bank
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