UK Banks Could Test New Global Measures To Prevent Cyber Attacks
Sam Woods, the Deputy Governor for the Bank of England (BoE) said in an interview this week that banks in the United Kingdom could become the first banks in the world to be subjected to tests that seek to combat
Read MoreUber Loses London License Over UK Employment Rights Lawsuit
Uber – the multi-billion dollar car booking company lost its license to operate in London after a tribunal ruled in favor of the two drivers that had filed a case against the company and Transport for London decided not to
Read MoreChina Not Happy With S&P’s Downgrade Of Credit Rating
Global Ratings firm Standard & Poor (S&P) announced on Sep 21 that it had downgraded China’s sovereign rating for the first time since 1999 due to increased financial risks and growing debt. The ratings firm stated that China’s economy could
Read MoreJPMorgan Bitcoin Trades Continue Despite CEO Fraud Warning
Jamie Dimon, the Chief Executive of JPMorgan Chase launched an attack on the Bitcoin crypto-currency last week by labeling it a fraud and compared it to the tulip bulb fraud that took place in the 17th century. His negative remarks
Read MoreJPMorgan CEO Jamie Dimon Calls Bitcoin ‘Fraud Of The Century’
The Chief Executive of banking major JP Morgan Jamie Dimon has expressed skepticism regarding the viability of the bitcoin – cryptocurrency. Calling the cryptocurrency a fraud, Dimon said that it was bound to blow up in time. He noted that
Read MoreANMI Seeks To Assuage SEBI Worries Of Derivatives Trading Growth
Derivative brokers in India have submitted a report to the securities regulator SEBI stating that the high volume in derivatives sector was due to the National Stock Exchange (NSE) overstating volumes. The Association of National Exchanges Members of India (ANMI),
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