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RMB Usage Holding

RMB Usage Holding Steady in January

RMB Usage Holding Steady in January, Unable to See Growth – SWIFT Data Shows
The RMB Usage Holding could not overtake the CAD in terms of usage, falling by nearly 3% on a month-over-month basis inSWIFT, a global provider of financial messaging services,has released the latest data report from its renminbi (RMB) tracker, outlining a monthly snapshot in the currency’s usage. During January 2017, the RMB suffered a month-over-month decline in overall payments by value, relative to December 2016, SWIFT data shows. (more…)

Binary options products

Bring Binary Options Products Under

Binary options products were the most enquired-about category for the FCA centre in the last year.
Binary options made up 17 percent of the 106,800 enquiries to the FCA’s consumer contact centre between December 2015 through November 2016, according to the regulator’s most recent data on the UK’s investment products. (more…)

London

Brexit Fallout Could Sap London

London isn’t the only UK city poised to see widespread job cuts in the financial sector as the Brexit looms.
Over the past year, few industries have been harder hit than the banking sector, especially in the UK as a combination of factors ranging from rising labor costs to a gradual migration towards a digitized banking system have led to job losses. Coupled with the specter of the Brexit, UK lenders are reeling, facing lower revenues and profits. (more…)

financial results

Monex Group Reports Lower

Monex Group Inc. today reported its monthly consolidated financial results for the month of January 2017, which were underpinned by withering figures on both yearly and monthly intervals in what has been its worst month since October 2016, according to a corporate statement. (more…)

MFS Africa

MFS Africa Onboards Mobile

MFS Africa, the largest mobile money aggregator in Africa, has selected Visa’s former Vice President of Strategy and Sales for Emerging Markets Digital, Reg Swart, as its newest Chief Commercial Officer. (more…)

Energy stocks

Energy Stocks Rebound January

Energy stocks have not had a great start to 2017, but a broadly supported fundamental outlook and strong investor inflows indicate a general resurgence in an already-strong rally. (more…)

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