Finance

U.S. dollar climbs to two-year peak as risk appetite tumbles; yuan drops

U.S. dollar climbs to two-year peak as risk appetite tumbles; yuan drops

By Saikat Chatterjee and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The U.S. dollar struck a two-year high on Monday a..

U.S. dollar rallies to more than 2-year hike on steep Fed rate hike outlook

U.S. dollar rallies to more than 2-year hike on steep Fed rate hike outlook

(Adds bank affiliation BNP Paribas in analyst quote in 5th paragraph) By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK (Reuter..

Wall Street ends lower as bond yields jump on growth concerns

Wall Street ends lower as bond yields jump on growth concerns

By Pete Schroeder WASHINGTON (Reuters) – Wall Street ended the day lower in a choppy trading day on Monday, while U.S. Treasury ..

UK midcaps slip as inflation hits 3-decade high; Tesco slides

UK midcaps slip as inflation hits 3-decade high; Tesco slides

By Devik Jain (Reuters) -UK midcaps slipped on Wednesday after data showed annual inflation last month rose to a three-decade high, in..

Dollar rebounds as Brainard assures markets Fed will stay the course

Dollar rebounds as Brainard assures markets Fed will stay the course

By Hannah Lang WASHINGTON (Reuters) -The dollar rebounded on Tuesday after digesting slightly softer-than-expected U.S. inflation data..

Dollar slides from near two-year high amid hawkish signals from Fed

Dollar slides from near two-year high amid hawkish signals from Fed

By Gertrude Chavez-Dreyfuss and Tommy Wilkes NEW YORK/LONDON (Reuters) – The dollar slipped from a near two-year high on Thursda..

UK finance regulators should pay heed to energy security policy, says Sunak

UK finance regulators should pay heed to energy security policy, says Sunak

By Huw Jones LONDON (Reuters) – Britain’s finance minister Rishi Sunak on Thursday called on the country’s financial..

Neo clears $3 billion through its multi-currency accounts as treasurers seek alternative to high bank fees

Neo clears $3 billion through its multi-currency accounts as treasurers seek alternative to high bank fees

Barcelona and London: 29 March 2022 – Neo, the treasury management, payments and FX fintech, has cleared $3 billion through its multi-..

For Banks, Fintech has Become Both – North Star as well as Means to Reach it

For Banks, Fintech has Become Both – North Star as well as Means to Reach it

Traditional banks are turning to Fintech in order to transform legacy processes and be better equipped to compete in the digital race...

“Upskilling supervisory officers is the answer to making regulation work for the Fintech Industry while safeguarding the integrity of the sector” argues FinTech regulatory veteran Tony Brown

“Upskilling supervisory officers is the answer to making regulation work for the Fintech Industry while safeguarding the integrity of the sector” argues FinTech regulatory veteran Tony Brown

    Tony Brown, Head of Compliance & MLRO of IFX Payments  Tuesday 15th March 2022: The state of regulation as it stands, in ..

Pico Expands its RedlineFeed™ Normalized Market Data Portfolio to APAC Region with Addition of Two China Markets

Pico Expands its RedlineFeed™ Normalized Market Data Portfolio to APAC Region with Addition of Two China Markets

NEW YORK, March 09, 2022 (GLOBE NEWSWIRE) — Pico, a leading provider of mission critical technology, software, data and analytic..

Financial screws turned on Russia as insurers exit, London stocks halted

Financial screws turned on Russia as insurers exit, London stocks halted

By Carolyn Cohn and Lawrence White LONDON (Reuters) -Russia’s global financial isolation intensified on Friday as the London Sto..

Investors seek bargains as Ukraine keeps markets on edge

Investors seek bargains as Ukraine keeps markets on edge

By Sujata Rao and Lewis Krauskopf LONDON/NEW YORK (Reuters) -Money managers are scanning roiled global markets for bargains after unpr..

Euro weakens, rouble slumps as sanctions piled on Russia

Euro weakens, rouble slumps as sanctions piled on Russia

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The Russian rouble plunged and the euro nursed losses against the U.S. dollar on Monday as th..

Dollar surges as Russia invades Ukraine

Dollar surges as Russia invades Ukraine

By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar jumped and the Russian rouble tumbled to a record low on Thursday afte..

European stocks drop as Russia-Ukraine tensions escalate

European stocks drop as Russia-Ukraine tensions escalate

By Sruthi Shankar and Shashank Nayar (Reuters) -European shares fell on Thursday as heightened Russia-Ukraine tensions eclipsed a slew..

Gold jumps, stocks stumble as Ukraine crisis deepens

Gold jumps, stocks stumble as Ukraine crisis deepens

By Herbert Lash NEW YORK (Reuters) – Gold prices jumped to an eight-month high and safe-haven debt rose on Thursday after U.S. P..

Revenue audits are on the rise: But why might Revenue check an R&D Tax Credits claim?

Revenue audits are on the rise: But why might Revenue check an R&D Tax Credits claim?

By Emma Lewis, Myriad Associates Ireland As far as Revenue-backed tax rebates go, it doesn’t get much more generous than t..

KENT FINANCIAL ADVISERS REPORTS INCREASING NUMBER OF RESIDENTS TAKING EARLY RETIREMENT

KENT FINANCIAL ADVISERS REPORTS INCREASING NUMBER OF RESIDENTS TAKING EARLY RETIREMENT

Pharon IFA is ranked Top Financial Advisers in South East by FT Canterbury-based Pharon Independent Financial Advisers has seen a si..

Global stocks trade higher at the end of a volatile month

Global stocks trade higher at the end of a volatile month

By Katanga Johnson WASHINGTON (Reuters) – World stocks climbed higher on Monday as investors digested new optimism from the U.S...

Brits oblivious to the basics of foreign exchange and bank charges when overseas – costing them money every time they go on holiday

Brits oblivious to the basics of foreign exchange and bank charges when overseas – costing them money every time they go on holiday

Research from bank challenger, Tally, reveals many UK travellers are confused about how foreign exchange works, with a quarter believ..

The fall of private equity in the Middle East and how to reboot it

The fall of private equity in the Middle East and how to reboot it

By: Rami Cassis, CEO & Founder of Parabellum Investments  From the late 1990s onwards, private equity as an asset class thrived in..

Central banks start turning off the cash taps

Central banks start turning off the cash taps

By Tommy Wilkes LONDON (Reuters) – As speculation grows about when the Federal Reserve will begin reducing the size of its balan..

Digital pound could hit financial stability and erode privacy, UK lawmakers warn

Digital pound could hit financial stability and erode privacy, UK lawmakers warn

By Tom Wilson LONDON (Reuters) – A digital pound used by consumers could harm financial stability, raise the cost of credit and ..

Financial services jobs continue to rise, but skills shortages plague employers’ ability to find talent

Financial services jobs continue to rise, but skills shortages plague employers’ ability to find talent

Recruitment within the financial services sector in England and Wales reached record highs in 2021, with nearly 80,000 vacancies poste..

Analysis-Financial literacy or luck? The year small-time traders made a big impact

Analysis-Financial literacy or luck? The year small-time traders made a big impact

By Tommy Wilkes, Saqib Iqbal Ahmed and Elizabeth Howcroft LONDON/NEW YORK (Reuters) – In May, San Diego-based Emily was feeling ..

Stellantis reshuffles European financing operations through new JVs with banks

Stellantis reshuffles European financing operations through new JVs with banks

MILAN (Reuters) – Stellantis said on Friday it had entered exclusive talks with BNP Paribas, Credit Agricole and Santander as it..

Hedge funds set to end 2021 with inflows for first time in three years

Hedge funds set to end 2021 with inflows for first time in three years

By Patturaja Murugaboopathy (Reuters) – Global hedge funds are poised to achieve positive inflows in 2021, for the first time in..

Bitcoin rises 2.1% to reclaim $50,000

Bitcoin rises 2.1% to reclaim $50,000

(Reuters) – Bitcoin rose on Sunday to reclaim levels above $50,000. The world’s biggest and best-known cryptocurrency gain..

Brits tip the balance investing in ISAs and pensions for their futures with more Men and Gen Zers hoping to invest for their retirement pots, according to UK national survey by MoneyMagpie.com and PensionBee.

Brits tip the balance investing in ISAs and pensions for their futures with more Men and Gen Zers hoping to invest for their retirement pots, according to UK national survey by MoneyMagpie.com and PensionBee.

More than half of Brits (57%) are now investing in ISAs and pensions for their retirement Men twice as likely as women to invest thei..

Visa launches crypto advisory service for financial institutions, merchants

Visa launches crypto advisory service for financial institutions, merchants

By Noor Zainab Hussain (Reuters) – Visa Inc, the world’s largest payment processor, on Wednesday launched a global crypto ..

U.S. bank executives raise concerns over inflation

U.S. bank executives raise concerns over inflation

By Matt Scuffham NEW YORK (Reuters) -U.S. bank executives on Tuesday raised concerns about the impact of a sustained period of higher ..

Bitcoin’s flash crash crimps year-end bulls

Bitcoin’s flash crash crimps year-end bulls

By Medha Singh and Lisa Pauline Mattackal (Reuters) – A flash weekend bitcoin crash that wiped out a fifth of its value and caus..

Regulated Liabilities Network: Making space for digital currency within the two-tier monetary system

Regulated Liabilities Network: Making space for digital currency within the two-tier monetary system

Marten Nelson, Co-Founder & CEO, M10 Networks Here’s a good question: Can digital currency (DC) thrive within the two-..

Pandemic makes 75% of consumers more likely to use digital banking in the future

Pandemic makes 75% of consumers more likely to use digital banking in the future

New report from cloud banking platform Mambu identifies five consumer financial tribes post pandemic  Consumers that are only just dis..

Analysis-China property financing tweaks fall short of investor expectations

Analysis-China property financing tweaks fall short of investor expectations

BEIJING (Reuters) – China will stand firm on policies to curb excess borrowing by property developers even as it makes financing..

Fed, ECB, and BOE hop aboard the ‘transitory’ inflation express

Fed, ECB, and BOE hop aboard the ‘transitory’ inflation express

By Dan Burns and Howard Schneider (Reuters) -The world’s top central banks are pushing back in unison on the idea that higher in..