Banks Projected to Spend $1bn on Blockchain – Profit & Loss Banks Projected to Spend $1bn on Blockchain.
PBOC Inadvertently Boosts Stocks With Dated Zhou Comments – Bloomberg China’s central bank unintentionally sparked a surge in the nation’s stock market by publishing five-month-old comments from gov Zhou Xiaochuan that said a link between exchanges in Shenzhen and Hong Kong would start in 2015.
Electronic Traders Are in China’s Sights – Wall Street Journal (subscription) As regulator proposes new restrictions on program traders, foreign investment firms say curbs will slow development of country’s markets.
Denmark: Pace of FX Intervention Slowed Further in October – FX Street Denmark’s FX reserve fell to DKK492bn in October, following DKK10bn of FX intervention by Danmarks Nationalbank. I
celand Raises Rates as It Moves Closer to Capital Controls Exit – Bloomberg Iceland’s central bank raised its benchmark interest rate for the third time since June as it prepares to lift krona restrictions in place since 2008.
European Banks’ Long Road to Recovery – Wall Street Journal (subscription) European banks get a late start on restructuring compared with their trans-Atlantic rivals.
It’s Been a Rough Year for Analysts Forecasting Central-Bank Decisions – Bloomberg And it’s not over yet.