Banking And Finance NEWS

Why You Need Low Spread Brokers to Succeed in Online Forex Trading

In forex trading, one of the main skills that you should develop is the ability to know the right time to trade. Of course, a number of factors have to be taken into … Continue reading “Why You Need Low Spread Brokers to Succeed in Online Forex Trading”


Credit Cards and Fundraising: How Cashback Pays for Good Stuff

To many folks, charitable giving is a touchy subject. Fundraising for worthy causes like poverty alleviation, housing projects, animal shelters, educational initiatives, and the like require a financial commitment from donors. Britain is … Continue reading “Credit Cards and Fundraising: How Cashback Pays for Good Stuff”


Post-Brexit hubs for Goldman Sachs in Frankfurt and Paris

Goldman Sachs is planning to have two hubs on the European continent following Brexit, according to Reuters. The banking giant will establish bases in Frankfurt and Paris, with London staff free to decide … Continue reading “Post-Brexit hubs for Goldman Sachs in Frankfurt and Paris”


HSBC agrees to settle French tax evasion case for €300m

HSBC is to pay €300m (£266m) to French authorities in order to settle a long-running investigation into tax evasion by French customers of the bank, according to BBC News. The allegation from the … Continue reading “HSBC agrees to settle French tax evasion case for €300m”


World Bank President issues warning on robot workers

President of the World Bank Jim Yong Kim has said the world is on a “crash course” as millions of jobs become automated, according to BBC News. The chief said that policymakers need … Continue reading “World Bank President issues warning on robot workers”


Big banks lease Frankfurt offices as Brexit contingency

Speculation that London could lose out on its status as a global financial hub post-Brexit has taken a tangible turn as several major banks have agreed leases in the city’s competitor hub, Frankfurt. … Continue reading “Big banks lease Frankfurt offices as Brexit contingency”


France seeking veto over post-Brexit UK clearing houses

France is seeking to give European Union regulators a veto over how Britain supervises Euro-denominated trades in UK-based clearing houses after Brexit. In June, a draft law was prepared by the European Commission … Continue reading “France seeking veto over post-Brexit UK clearing houses”


Investment advisory costs rise 17% in three years

Asset management has become less profitable as investment advisory costs rise while management fees fall, according to a new report from fund research body Fitz Partners. According to the ‘Investment Advisory Fee Benchmarking … Continue reading “Investment advisory costs rise 17% in three years”


Millennials Reject Workplace Pension Opt Out

Millennials have embraced the new automatic enrolment in a workplace pension, according to research by Royal London. A survey found that 71% of Millennials decided not to opt out of the plan. A … Continue reading “Millennials Reject Workplace Pension Opt Out”


UK inflation reaches highest rate for more than three years

The fall in the value of the pound is increasing the cost of food and fuel, pushing inflation to the highest rate since September 2013. The Office for National Statistics (ONS) reported on … Continue reading “UK inflation reaches highest rate for more than three years”


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