Prompted by signs that the economy is slowing down, The Bank of England has cut UK interest rates to 5.5% from 5.75%. Henk Potts, equity analyst, Barclays Stockbrokers says: “A combination of slowing growth, a cooling housing market, declining consumer confidence and soft retail sales led to today’s cut, and we think these factors will continue to keep pressure on the Bank of England to cut rates. We are currently predicting that rates will be reduced again in February and May, taking us back to 5%.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more