Fri, 06 May 2016 08:20:03 GMT
New 'cable' trading: tech could boost landlocked FX cities
LONDON (Reuters) - The dominance of financial centers such as London, New York and Tokyo in the $5 trillion-a-day global currency market may face challenges from landlocked cities as new technology erodes the advantage offered by high-speed undersea ...
Fri, 06 May 2016 14:00:56 GMT
What Should Advisors be Telling Clients Now About Gold?
China had been buying gold to rebuild its reserves to back its currency (the yuan), and gold was also used as a hedge against central bankers' being unable to unwind in an efficient manner all debt positions acquired through quantitative easing. There ...
Fri, 06 May 2016 16:37:19 GMT
Willis Towers (WLTW) Q1 Earnings Beat Estimates, Down Y/Y
On a year-over-year basis, commissions, fees and consulting revenues shot up 105% to $2.2 billion while interest and other income more than doubled to $15 million. Quarterly Segment Update Willis GB ... Willis North America : Commissions and fees of ...