The Securities and Exchange Commission today charged an Indianapolis-based investment advisory firm and its sole owner with selling approximately $13 million of high-risk securities to more than 120 advisory clients – many of whom are current or former...
SummaryFocusWe present a methodology for describing the economic conditions in which substantial price differences can persist for two similar financial instruments traded in the spot and derivatives markets. Arbitrageurs conduct trades that should red...
Amanda Bayer and David Wilcox | The distribution of economic education among US college graduates is quite unequal: female and underrepresented minority undergraduates, collectively, major in economics at 0.36 the rate that white, non-Hispanic male stu...
SummaryFocusThis paper explores the extent and consequences of credit misallocation in Italy during and after the euro zone crisis, addressing two main questions: (i) What bank characteristics are more conducive to zombie lending? (ii) What is the cost...
Cryptocurrency firm Ripple expects its XRP token to be used by three out of the top five money transfer companies globally by the end of the year, according to CEO Brad Garlinghouse. The bitcoin rival has seen XRP shoot up in value over the last month following a succession of deals to...
Founded in 2007, Easy Solutions is a security provider focused on the comprehensive detection and prevention of electronic fraud across all devices, channels and clouds – providing a 24x7x365 Detect Read More
Dallas-based money transfer giant MoneyGram is to partner with blockchain firm Ripple to use its XRP crypto-token for international transfers. “Ripple is at the forefront of blockchain technology and we look forward to piloting xRapid... We’re hopeful it will increase efficiency and improve services to MoneyGram’s customers," Alex Holmes, chief...
The Securities and Exchange Commission today announced that New York-based broker-dealer BGC Financial has agreed to pay a $1.25 million penalty to settle charges that it failed to preserve audio files sought by the SEC and inaccurately recorded travel...
Authorities from the United Kingdom and the European Union have failed to reach an anticipated deal for Brexit despite "significant progress" on key outstanding issues, as the Irish border reportedly remains a sticking point. “It was not possible to reach a complete agreement today,” European Commission President Jean-Claude Juncker said...
When the auto-update function is enabled, any update released on the homepage will automatically appear without the whole page being reloaded. You can manually disable this function anytime. NB: The auto-update function will go off automatically when a video is played.