25 August, 2016 by The TZ Newswire Staff Comments Off on Major Banks Developing Utility Settlement Coin, an Industry Standard for Digital Central Bank Cash
Major Banks Developing Utility Settlement Coin, an Industry Standard for Digital Central Bank Cash
A group of major banks; UBS, Deutsche Bank, Santander and BNY Mellon, as well as the broker ICAP, have teamed up to develop a new form of digital cash that will help to set an industry standard to clear and settle financial trades over a distributed
25 August, 2016 by The TZ Newswire Staff Comments Off on HP Posts Upside Results But Lowers Forecast (HPQ)
HP Posts Upside Results But Lowers Forecast (HPQ)
HP’s shares are under pressure after the company lowered it’s forecasts for the fourth quarter and full year 2016.
25 August, 2016 by The TZ Newswire Staff Comments Off on Emerging Markets Report: Investor love for emerging markets is more than a summer fling
Emerging Markets Report: Investor love for emerging markets is more than a summer fling
As yield-starved investors go further afield in search of returns, emerging markets have witnessed a jump in investment.
25 August, 2016 by The TZ Newswire Staff Comments Off on Oh no he didn’t! Jimmy Van Bramer claims de Blasio “disrespected” him
Oh no he didn’t! Jimmy Van Bramer claims de Blasio “disrespected” him
You don’t disrespect Council member Jimmy Van Bramer and get away with it, according to Council member Jimmy Van Bramer. The person allegedly doing the disrespecting, in this case, is Mayor Bill de Blasio. The two politicians have clashed over a rezoning to allow Phipps Houses’ 209-unit affordable housing development at 50-25 Barnett Avenue in Sunnyside, which de Blasio supports but Van Bramer opposes.
25 August, 2016 by The TZ Newswire Staff Comments Off on Brief: Fundation Nabs $100M Credit Facility from Goldman Sachs
Brief: Fundation Nabs $100M Credit Facility from Goldman Sachs
Fundation has secured $100 million credit from Goldman Sachs, reported the WSJ. The cash flow will enable the “credit solutions provider” to expand recent partnerships with traditional banks, such as Regions Financial Corp. and a network of community banks, and to extend loans to the banks’ business customers. Paying a… Read More
25 August, 2016 by The TZ Newswire Staff Comments Off on NYSE Launches Two Trust Horizon Managed Volatility ETFs
NYSE Launches Two Trust Horizon Managed Volatility ETFs
The issuer’s conviction is that low volatility portfolios can produce better returns than portfolios of high volatility stocks.
25 August, 2016 by The TZ Newswire Staff Comments Off on The Fed: Fed’s Kaplan says ‘case is strengthening’ for second interest rate hike
The Fed: Fed’s Kaplan says ‘case is strengthening’ for second interest rate hike
Dallas Fed President Rob Kaplan said Thursday ‘the case is strengthening’ for the second interest rate hike.
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