JD.com's Finance Arm to Issue Asset-Backed Securities on a Blockchain

JD.com's Finance Arm to Issue Asset-Backed Securities on a Blockchain

JD Finance, a subsidiary of Chinese e-commerce giant JD.com, announced on Wednesday that it is planning to issue asset-backed securities (ABSs) on a blockchain. According to a report from the Securities Times, an outlet of the China Securities Regulatory Commission, JD Finance established the project in partnership with Huatai Securities, a brokerage firm that will underwrite the […]

Italian Markets Rally After Finance Minister Commits to Euro

Italian Markets Rally After Finance Minister Commits to Euro

Italian bonds and stocks surged after Finance Minister Giovanni Tria made assurances that the country would stay committed to the euro. Stocks headed for the biggest gains since February after Tria told the Corriere della Sera newspaper at the weekend that there was “no discussion” of any proposal to leave the common currency and that […]

2 Stocks That Turned $8000 Into $25000

2 Stocks That Turned $8000 Into $25000

Let’s say that five years ago, you invested $8,000 in an S&P 500 index fund. You’d probably be pretty pleased if you checked it today and found about $13,500 in there. On the other hand, if you’d invested in one of these stocks, you’d be sitting on more than $25,000…in one case, a lot more!  But what’s […]

All finance requires is an upgrade for the internet age

All finance requires is an upgrade for the internet age

June 12, 2018 Print this page Given the resounding “No” from the Swiss in the Vollgeld or “sovereign money” referendum, and despite Bob Sleeper’s relief ( Letters, June 12), Martin Wolf’s central question remains (“ Why the Swiss should vote for ‘Vollgeld’ ”, June 6). A decade after the devastation, where’s the “radical rethink” of […]

Team USA scores win over Europe in 2018 Finance Cup

Team USA scores win over Europe in 2018 Finance Cup

From left to right: Alex O’Brien, Richey Reneberg, Jeffrey Appel, Robert Pohly and Walter Dolhare. The fourth annual Finance Cup was held last week in Paris, timed perfectly with Roland Garros’ final weekend. While Rafael Nadal and Simona Halep were busy making history inside Philippe Chatrier stadium, Team USA put forth a resounding 9-4 win […]

German Finance Authority: Crypto Regulation to Focus on Market Stability, Not Individuals

German Finance Authority: Crypto Regulation to Focus on Market Stability, Not Individuals

Felix Hufeld, President of the Federal Financial Supervisory Authority in Germany (BaFin), said the primary role of his regulatory authority is not individual investor protection, but the preservation of overall financial stability, Cointelegraph auf Deutsch reported today, June 12. While the role of BaFin is to protect consumers and maintain general financial market stability, Hufeld […]

Get rid of 'alpha male' finance culture urge MPs

Get rid of 'alpha male' finance culture urge MPs

Image copyright Getty Images The “alpha-male” culture in some financial services organisations is the “overwhelming” reason women give for not wanting to take on senior jobs in the sector, MPs have reported. Firms especially need to change their bonus culture, the Treasury Committee said, as it is perceived men argued more forcefully and got higher […]

Finance Committee approves Zenoff Park FieldTurf financing

Finance Committee approves Zenoff Park FieldTurf financing

Tuesday, June 12, 2018 12:20 p.m. CDT by Michael Leischner STEVENS POINT, WI (WSAU) — The City of Stevens Point Finance Committee has given the green light to the Softball Association for a financing plan to cover the cost of installing FieldTurf on the diamonds at Zenoff Park. The plan calls for the Stevens Point […]