HSBC Profits Fall 86% after Disposal of Brazil Operations

HSBC Profits Fall 86% after Disposal of Brazil Operations

By Anna Domanska - Nov 07, 2016

HSBC Q3 earnings recorded a $1.7billion loss from the sale of its operations in Brazil. HSBC profits (pre-tax) slumped by 86 percent at $10.6 billion, compared with $19.7 billion a

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Wall Street Aims to Use Artificial Intelligence to Avoid Cons

Wall Street Aims to Use Artificial Intelligence to Avoid Cons

By Carrie Ann - Oct 26, 2016

It is a known phenomenon that the use of artificial intelligence is on the rise in various sectors of life. Latest news suggests that this technology will be adapted in Wall Street

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The Ten Biggest IPOs In History

The Ten Biggest IPOs In History

By Anna Domanska - Jul 15, 2016

Worldwide, Japanese messaging company Line is the biggest IPO of a tech company since First Data which went public in October 2015 in a $2.8 billion deal. Line has 200 million acti

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From BUST to BOOM: The Collapse of the Italian Banking System

From BUST to BOOM: The Collapse of the Italian Banking System

By Carrie Ann - Jul 11, 2016

The eyes of the world are on the unfolding Eurozone crisis that seems more catastrophic than the 2008 Great Recession. In a research note titled “Close to the edge”, economists

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Au Revoir EU! Britain Quits EU: How Will It Affect You?

Au Revoir EU! Britain Quits EU: How Will It Affect You?

By Anna Domanska - Jun 24, 2016

It has been a long night. The EU Referendum results were counted by local authority areas who each declared their own results. The numbers were then passed up to regional centers,

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IMF Warns Brexit Would Trigger UK Recession

IMF Warns Brexit Would Trigger UK Recession

By Christy Gren - Jun 19, 2016

European Unit exit would hit British standards of living, increase inflation and wipe off up to 5.5% of GDP, the International Monetary Fund has warned with less than four days to

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Emirate’s Biggest Banks Merge to Create Middle East’s Powerhouse

Emirate’s Biggest Banks Merge to Create Middle East’s Powerhouse

By Anna Domanska - Jun 19, 2016

Two of the emirate’s biggest banks – National Bank of Abu Dhabi PJSC and First Gulf Bank PJSC – confirmed merger talks that would create Middle East’s powerhouse with a

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Warning Mounts on America’s Corporate Debt Problem

Warning Mounts on America’s Corporate Debt Problem

By Anna Domanska - May 23, 2016

The rich get richer and the poor get poorer. This is particularly true for Corporate America. It’s a stark reminder that corporate income inequality has grown over the years, as

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Is Craig Wright Really The Bitcoin Founder?

Is Craig Wright Really The Bitcoin Founder?

By Christy Gren - May 02, 2016

The internet is flooded as Craig Wright, an Australian entrepreneur claims to be the bitcoin founder. But along with the news, comes a question – Is he the one who created the bi

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