Homebuilders at the back of the FTSE 100 after record low mortgage approvals In the UK yesterday, the FTSE 100 posted a 1.1% gain, led by International Consolidated Airlines Group, Standard Chartered, and Kingfisher, which all finished close to 4% up. Home builders and property investment companies were close to the bottom of the pack,…
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Alphabet Inc's Google just announced that it will start offering personal checking accounts in 2020 via its Google Pay application, a project supported by Citigroup and a credit union at Stanford University. The information comes from Reuters. The project is named Cache and is a direct rival to Apple and Facebook, two giants who are…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 16, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Binance De-Lists BSV: Binance announced yesterday that they would de-list BitcoinSV, due to the founder’s threats to…
Read moreThe former Citigroup employee is set to challenge his dismissal at a London court today.
Read moreCitigroup agreed to pay a $15 million penalty.
Read moreThis acquisition will nearly triple Scotiabank's customer base in these two countries from approximately 137,000 to 387,000, providing significant opportunities to leverage leading regional loyalty programs and key strategic alliances.
Read moreJeong Jae-chan, the chairman of South Korea’s Fair Trade Commission, told a parliamentary hearing that an investigation had begun, although he did not elaborate.
Read moreThe US authorities are expecting to gain a criminal conviction against Citigroup for FX rate manipulation
Read moreCitigroup and Barclays will reportedly settle a lawsuit with private investors who say the banks manipulated forex rates within the week. The Banks are expected to pay up to a combined $800m to settle the lawsuit, considerably larger payments than those made by JP Morgan and UBS who have settled their parts of the same…
Read moreTwo of the leading equity research analysts covering FXCM at Keefe Bruyette & Woods and Citigroup cite a share value of $0.50 to $2.79 for FXCM.
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