Latest Market News
Speech by Jessica Rusu, FCA Chief Data, Information and Intelligence Officer, at Money20/20 Amsterdam. Speaker: Jessica Rusu, Chief Data, Information and Intelligence OfficerEvent: Money 2020 AmsterdamDelivered: 8 June 2022Note: this is a drafted speech and may differ from the delivered version Highlights Can a regulator be innovative? Can regulation be written differently? And can the financial […]
TFS Loans Ltd (in administration) has been fined £811,900 by the Financial Conduct Authority (FCA) in relation to deficient affordability checks on 3,150 guarantors in its consumer credit business. The FCA has also imposed a requirement on TFS to redress the guarantors that were harmed by the firm not conducting appropriate checks. TFS offered guarantor […]
COVID cases are spreading fastest in three key warm-weather tourist destinations in the U.S.,the New York Times reported Friday. Miami-Dade County in Florida, Honolulu County in Hawaii and San Juan in Puerto Rico are current averaging at least 85 new cases a day per 100,000 residents and positivity rates exceed 20%, the paper reported from […]
Two Bitcoin miners have told Cointelegraph that if the bill banning proof-of-work (PoW) mining for two years in New York becomes law, it would end up triggering an exodus of mining companies from the state and do little to address the intended goals of the moratorium. GEM Mining CEO John Warren told Cointelegraph on Wednesday […]
The U.S.-listed shares of Credit Suisse Group AG CS, -5.09% CSGN, -3.32% shed 4.0% in afternoon trading Thursday, after The Wall Street Journal reported that State Street Corp. STT, -1.30% said it was not pursuing an acquisition of, or any business combination with, the Switzerland-based bank. State Street said there was no basis to the […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the bullish channel’s downside border. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.0665 and then resume moving downwards to reach 1.0435. Another signal in favour of a […]