Australian Banks Make Plans To Exit London As Brexit Nears
Australian banks are continuing the trend of global banks leaving the City of London as they recently announced their plans to move out of London. The Commonwealth Bank of Australia (CBA), the country's largest bank has announced plans to move
Read MoreKey Steps You Must Take To Recover From Forex Losses
One of the first things that a forex trader should realize is that they will end up losing soon or later. It’s part of the forex trading business. A trader’s aim is to maximize gains while minimizing losses but the
Read MoreRBI Against Govt Plans For Separate Payments Regulator
The Reserve Bank of India (RBI) which is India’s central bank has objected against the Indian government’s plan to set-up a separate Payments Regulatory Board (PRB) in the country. The Central Government is very keen in moving forward with this
Read MoreLondon Beats Top Financial Hubs For FDI Projects
Based on a report “Global investment: driving UK jobs and growth in financial services” compiled the City of London, the city received the most financial investment from other countries compared to its counterparts in other countries. The financial services that
Read MoreRussia & Chinese Stock Exchanges Sign Cross-Border Trading Deal
A memorandum of understanding has been exchanged between the Moscow Exchange and the Shenzhen Stock Exchange. This is the tenth time that the Russian exchange has dealt with a Chinese financial institution. The deal was signed by the two heads
Read MoreSingapore’s Central Bank Open To Help Finance Crypto Startups
Cryptocurrency startups in Singapore are going to have an easier time with the open offer of support from the country’s central bank. In a recent announcement, Ravi Menon, the managing director of the Monetary Institute of Singapore (MAS), has instructed
Read MoreAlibaba Founder Focusing On Bitcoin & Going Cashless
Jack Ma is the founder of Alibaba, the biggest e-retailer in the world that does more transactions that Amazon ad eBay put together. He is the man behind the $150 billion Ant Financial which runs the Alipay App in Mainland
Read MoreChina Forced To Pump $110bn Into Their Struggling Economy
The US-China trade war is heating up and Beijing has made a staggering move to boost their economy. China’s central bank, the People's Bank of China (PBOC) made a decision to reduce the amount of cash that commercial banks need
Read MoreJeff Bezos Knocks Bill Gates Off Forbes “Richest Americans”
Bill Gates has been on the top of Forbes' list of the richest Americans for the last 24 years. Gates built his empire with the rise of Microsoft which has helped him make billions and earn the title of the
Read MoreICO Startups Still Strong Despite ETH Decline say BitMEX
Initial coin offerings (ICOs) turned out to be a reliable way for start-up companies to raise funds in 2017. However, with the dip in prices for many cryptocurrencies, financial analysts expected the enthusiasm for ICOs to taper off in 2018.
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