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Fintech Focus For November 5, 2020
Wednesday, November 4, 2020 - 7:37pm | 1846Read More...Quote Of The Day: Try and fail, but don’t fail to try. - John Quincy Adams Fintech Movers: Global fintech funding reached $10.63 billion in Q3, a 4% increase on the previous quarter. - Business Insider BBVA tech boosts risk processes. Importance of fintech in banking. Zelle exceeds over 1B...
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Fintech Focus For October 22, 2020
Wednesday, October 21, 2020 - 5:14pm | 2017Read More...Quote Of The Day: When we strive to become better than we are, everything around us becomes better too. - Paulo Coelho Fintech Movers: Coinbase received 1,914 requests for information in the first six months of 2020 alone. Nearly 60% of those came from state and federal agencies in the U.S.—...
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Fintech Focus For September 4, 2020
Thursday, September 3, 2020 - 6:28pm | 2158Read More...Quote Of The Day: The supreme art of war is to subdue the enemy without fighting. - Sun Tzu Fintech Movers: By eliminating the need for a trust-based model, Bitcoin is calling into question the current foundation of economic organizations and is paving the way for a more predictable financial...
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Bank Of England To British Banks: Prepare For The Worst
Friday, April 7, 2017 - 10:54am | 421Read More...Remember the time-tested saying "prepare for the worst but plan for the best?" This is the exact message Bank of England's Gov. Mark Carney is telling British banks. According to a Bloomberg report, Carney is urging banks to implement worst-case scenario plans in the event that Brexit negotiations...
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Bank Of England Stands Pat, Maintains 0.25% Bank Rate
Thursday, December 15, 2016 - 8:18am | 271Read More...The U.S. Federal Reserve raised its interest rates by 25 basis points on Wednesday — a move that was widely expected. Across the pond, the Bank of England held its key bank rate unchanged at 0.25 percent. The Bank of England also voted to maintain its two asset-purchase programs. The Bank of...
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Bank Of England Maintains Current Interest Rates But Hints Of Another Rate Cut This Year
Thursday, September 15, 2016 - 9:44am | 313Read More...The Bank of England on Thursday voted to maintain its 0.25 percent interest rate but hinted a further cut could occur before the end of the year. The Bank of England lowered its key interest rate on August 4 to 0.25 percent from 0.50 percent. The central bank noted at that time that economic...
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Bank Of England Slashes Interest Rate To 0.25%, Notes 'Indicators Have All Fallen Sharply'
Thursday, August 4, 2016 - 7:54am | 352Read More...The Bank of England met on Thursday, and, as expected, the central bank lowered its key interest rate for the first time in seven years to 0.25 percent from 0.5 percent. The vote to lower rates was unanimous across all nine officials, and the majority of officials expect to implement another rate...
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Post-Brexit, Banks Could Be Problems For U.K. ETFs
Tuesday, July 26, 2016 - 7:47am | 632Read More...Underscoring the vulnerability of U.K. assets in the post-Brexit world, the Guggenheim CurrencyShares British (NYSE: FXB) is lower by nearly 12 percent over the past month. Remembering that when an investor opts for international stocks or funds he or she not only incurs equity risk, but currency...
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Benzinga Market Primer: Thursday, August 1: Futures Up On Europe and Asia
Thursday, August 1, 2013 - 5:57am | 1108Read More...Futures Higher on Economic Data U.S. equity futures are significantly up in early pre-market trade based on strong Asian and European PMI data. In addition, the Bank of England and European Central Bank are expected to reaffirm a policy of easing Thursday morning. Top News Eurozone...
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Benzinga Market Primer, Wednesday October 17
Wednesday, October 17, 2012 - 5:09am | 1110Read More...U.S. equity futures were flat in early Wednesday trading ahead of lots of earnings releases expected. Also, Moody's refrained from downgrading Spain to junk overnight, but did keep the nation's credit rating on negative watch. Top News In other news around the markets: Conflicting reports Tuesday...
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European Central Bank, Bank of England Hold Firm on Policy
Thursday, August 2, 2012 - 8:23am | 425Read More...Central banks in Europe stood firm on policy Thursday following rate cuts at previous meetings. Both the European Central Bank and the Bank of England kept rates firm and neither decided to launch any new non-traditional policies. The Bank of England kept rates on hold and kept its quantitative...
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Benzinga Market Primer, Thursday August 2
Thursday, August 2, 2012 - 5:46am | 681Read More...U.S. equity futures rose ahead of the interest rate decisions from both the Bank of England and the European Central Bank. Also, the People's Bank of China reported that it has not cut rates this month as some had expected. Recall that before the previous two Bank of England decisions, China had...
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Central Bank Preview: Federal Reserve, European Central Bank, Bank of England All Set to Act
Monday, July 30, 2012 - 8:57am | 602Read More...All eyes this week are on the three most important central banks in the world as the global economy continues to slow. The root of the global slowdown can be traced to Europe, whose drive to austerity has forced governments to curb spending, sending nations across the continent back into recession...
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Benzinga Market Primer, Monday July 30
Monday, July 30, 2012 - 6:07am | 756Read More...Markets await interest rate decisions from multiple central banks this week as the European Debt Crisis continues to drag on global growth. Comments from European politicians and leaders last week indicated that the European Central Bank is set to launch a new round of crisis fighting measures...
