Citigroup's Crisis Chief Finds Home in Finance's New Frontier

By Telis Demos Telis Demos The Wall Street Journal Biography @telisdemos Telis.Demos@wsj.com July 21, 2018 9:00 a.m. ET 0 COMMENTS Former Citigroup CEO Vikram Pandit leaving the White House in March 2009. Photo: Evan Vucci/Associated Press A decade after the financial crisis , The Wall Street Journal has checked in on dozens of the bankers, government […]

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3rd China-UAE Conference on Islamic Banking & Finance to explore potential for participative economy

HBMSU is the UAE’s first university to organize the Conference for the third year, employing the model of the Islamic economy in the success of the “Belt and Road” initiative  The University continues to lead the development of academic and research cooperation between Dubai and China in the Islamic economy UAE – In line with […]

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Currency war erupts, threatening to ripple across global markets

Sat, Jul 21, 2018 – 1:38 PM [NEW YORK] The currency war has arrived. So say some of the best and brightest in the US$5.1 trillion-per-day foreign-exchange market. US President Donald Trump on Friday accused China and the European Union of “manipulating their currencies and interest rates lower”. The comments came after the yuan plunged […]

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Isle of Man grants licence to Investec Bank (Channel Islands) Limited

The Isle of Man has granted a new Class 1(3) financial services licence to Investec Bank (Channel Islands) Limited under the Island’s Alternative Banking Regime (ABR). Investec Bank (Channel Islands) Limited (IBCI) is part of Investec Bank plc and has a significant reputation for delivering excellence in service and expertise from its teams in the […]

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Is clarity emerging for UK banks' Brexit contingency planning?

With an eye on deeply interconnected UK/EU financial services markets, the UK’s post-Brexit landing point is a hybrid of current arrangements (less passporting and mutual recognition) and enhanced equivalence. Is clarity for the banks starting to surface? The recent White Paper painted broad strokes around how the UK sees the relationship with the EU with […]

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Chinese yuan defies Trump comments, continues slide

Fri, Jul 20, 2018 – 12:24 PM [SHANGHAI] The Chinese currency continued its sharp decline on Friday despite US President Donald Trump’s bid to rein in the dollar, as analysts pointed out that a weaker yuan aids Beijing in its trade tussle with Washington. The yuan fell to 6.7943 per dollar by late morning on […]

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Pro-Brexit lawmaker says BOE, Chancellor hampering UK economy

Fri, Jul 20, 2018 – 9:50 PM [LONDON] The Bank of England and Chancellor of the Exchequer Philip Hammond came under renewed attack from a leading pro-Brexit lawmaker who accused them of holding back UK economic growth. Former cabinet member John Redwood said measures taken by the BOE to rein in credit last year have […]

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Financial Services Struggling To Plug IT Skills Gap

34% of IT decision-makers in the financial/banking sector expect issue of skills shortages to get worse over the next five years More than a third (38%) of IT decision-makers across the UK financial sector believe it has become more difficult over the past five years to find staff with the right skills and experience. Over […]

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European Banking Forum: Technology, Security & Risk 2018

Website: http://www.arena-international.com/ebf-security-risk/ Why you need to attend this year’s EBF Technology, Security & Risk show? European Banking Forum: Technology, Security & Risk 2018 After months of research, the event development team has created an event programme which reflects the biggest challenges of the day. The 2018 agenda will offer insight and candid case-studies in an […]

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Asian Banking Forum: East Asia 2018

Having established itself as the leading event centred on the theme of digital transformation in retail banking in the East Asia region. The prestigious event will gather senior-level banking executive from East Asia; to discuss how retail banks can develop strategies for digital transformation to engage their customers, and successfully compete with non-bank competitors. Date: […]

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