October 11, 2019
Over the past five years as the global economy has continued to recover from the Great Recession, shares of the British lender Barclays (BCS) have plummeted over 40%. “Oh, it’s undervalued,” Barclays CEO Jes Staley said of his bank’s stock price. “I’m happy to say that.” On Thursday, Staley told Andy Serwer at the All […]
October 11, 2019
Bitwise Asset Management and NYSE Arca have confirmed they will refile their application for a Bitcoin ETF ( exchange-traded fund ) after United States regulators rejected it. Bitwise Bitcoin ETF: We intend to refile According to a news release published on Oct. 9, the companies said that while the U.S. Securities and Exchange Commission (SEC) […]
October 10, 2019
The United States’ second-largest bank appears to have hired a specialist for the implementation of blockchain-based payment network Ripple. Bank seeks Ripple Specialist team lead According to a job description on professional social network LinkedIn, as of Oct. 10, Bank of America (BoA) had stopped accepting applications for what it calls a “treasury product manager” […]
October 10, 2019
The Bank of England has finalized a set of principles the Facebook-led Libra cryptocurrency project must adopt before going live in the UK. Calling the payment network a potentially “systemically important payment system,” the BoE’s Financial Policy Committee released the Bank of England October Financial Policy and Summary report this week. “The FPC judges that […]
October 10, 2019
Despite the recent turmoil surrounding Facebook’s cryptocurrency project, Libra Payment System, the Bank of England has given it quite the endorsement. The institution is reportedly setting out rules of engagement that Libra and other cryptocurrency payment providers would have to meet prior to opening up shop in Britain. Bank of England Endorses Libra Payment System […]
October 10, 2019
As part of its massive restructuring and cost cuttings, Deutsche Bank is looking to axe several thousand jobs in the next two years. Germany’s banking giant Deutsche Bank AG is planning to axe several thousand jobs in the country as per its proposed plans of cutting down half od 18,000 jobs. A person familiar with […]
October 10, 2019
Mutual fund giant Vanguard has partnered with Nasdaq Ventures-backed blockchain startup Symbiont to developing a trading platform for the $6 trillion currency market, the companies said. With the new platform, Vanguard, which manages $5.2 trillion, aims to lower transaction costs for the trillions of dollars worth of currencies it trades annually by boosting peer-to-peer trading […]
October 9, 2019
U.S. job openings fell to a 1-1/2-year low in August and hiring declined, suggesting employment growth was slowing largely because of ebbing demand for labor as the economy loses momentum. Despite the third straight monthly drop in vacancies reported by the Labor Department on Wednesday, U.S. job openings are still plenty enough to ease financial […]
Floppypepe ($FPPE) is your ticket to the moon. Escape the ordinary and reach for lunar gains with this AI meme token. Secure your spot now before it's too late.
Join Now