The pound rose to a six-day high after a Bank of England meeting revived expectations of a rate hike this year, but sterling’s gains were checked by fears of a breakdown in Brexit talks next week.
Dollar falls against other currencies after report suggests pace of US growth could be cooling.
The euro climbed half a percent after stronger than expected French business activity in June raised hopes that concerns about a widening slowdown in the eurozone in the second quarter may be slightly overdone.
Bank regulation has gone too far, yet supervisors may still be missing risk factors that could herald the next crisis, the outgoing Dutch member of the European Central Bank’s Supervisory Board said on Thursday.
Thatcher kicked off a financial revolution with an act of faith in the power of globalization. Britain’s exit from the EU is shaking the nation – and her global project – to its core.
Central counterparties (CCPs) in the Americas and southeast Asia dominate the latest public list of entities awaiting recognition to undertake clearing activities in the European Union.
A long-awaited report from the US Treasury Department on financial technology will make wide-ranging recommendations about how to modernize regulation at the federal and state levels to promote innovation in financial services, a senior US official said.
Ruling says the judges needed to be appointed by the five-member commission, not by other staff.
The 35 largest US banks are poised to put more money toward dividends, share buybacks and business investments, after clearing the first stage of an annual regulatory stress test, showing they have enough capital to withstand an extreme recession.
A lack of regulation could lead to the recreation of offshore markets, a witness to the Treasury Committee inquiry said.
Only around half of millionaires are in tune with their wealth managers and the very rich are increasingly interested in crytocurrency investments, a survey found.
Global exchange operator Nasdaq plans to leave the crypto spot market to the current ecosystems of digital exchanges, according to Nasdaq leadership.
- Winklevoss Brothers Acquire Crypto ETF Patent – Finance Magnates
- GMEX Prepares For ’Tokenomics’ – Markets Media
Bitcoin is on track for its first winning week of the month and near a potential break out point.
LMAX Exchange has named Roland White to the newly created position of global head of institutional sales.
The information and trading technology giant has registered a Netherlands-based entity for its trading platform.
Derivatives Service Bureau may hike fees for top users to cover cost of proposed additional services.
A revamped central bank, the recovery of Argentina’s status as an emerging market and the arrival of a financial rescue package from the International Monetary Fund this week staunched a run on one of the world’s worst performing currencies.
Malaysian Prime Minister Mahathir Mohamad said the ringgit’s fair value now is the same as the peg his previous government established in 1998 during the Asian financial crisis.