OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
BIS finds stablecoin flows shrug off capital controls
The Bank for International Settlements (BIS) has published the empirical case for something emerging-market central bankers have been describing anecdotally for two years: dollar stablecoin flows do not respond to capital controls, while foreign-currency bank…
Deutsche Bank, MIGA launch €1bn trade finance guarantee
The World Bank Group has, in effect, become a monoline insurer for a commercial bank's trade book. The Multilateral Investment Guarantee Agency (MIGA) and Deutsche Bank announced a EUR 1 billion (roughly $1.1 billion) portfolio…
Fasset’s $51m Series B: stablecoin neobank at $32bn…
Stablecoin-powered neobank Fasset has closed a $51 million Series B led by Japan's SBI Group, Investcorp and Turkey's Arz Portföy, taking the Los Angeles-headquartered fintech to a reported $32 billion annualised processing volume across 125…
SEC Staff to Host July 9 Roundtable on…
Washington D.C., May 19, 2020 —The Securities and Exchange Commission today announced July 9 as the date for its staff roundtable to hear the views of investors, other market participants, regulators, and industry experts on…
Avelacom Announced PoP at Thailand’s SET Exchange
Avelacom has deployed a PoP (point of presence) at The Stock Exchange of Thailand’s (SET) data center facilities in order to reduce latency and improve traffic for sell-side and buy-side firms, inter-dealer brokers and market…
Avelacom Strengthens Hold over Asian Market with Launch…
Avelacom – used based multi-national IT infrastructure solutions provider for the financial sector continues its endeavor to strengthen its hold over Asian market. Avelacom is widely known for its network services via which it facilitates…
Global leverage makes financial system vulnerable, Senior Deputy…
Global debt is now US$100 trillion higher than just before the financial crisis and more than three times global gross domestic product (GDP), presenting a headwind to growth and making the financial system vulnerable, Senior…
The Age of Leverage
Introduction Good afternoon. Let me thank the UBC Vancouver School of Economics and the Vancouver CFA Society for the invitation. Vancouver is truly a global city. More than 70 countries have consular services here to…