Larry Fink’s recent remarks about succession planning at BlackRock have revived debates on who his likely successor could be and what direction they will take the firm.
Shares of Deutsche Bank have suffered a 16% drawdown since the bank signalled to investors in late July that it is suspending its share repurchase plan.
It is understandable that Trump would seek to talk down the dollar, even if he is wrong to blame China for the dollar’s strength. But how likely is he to get a weaker dollar?
Financial institutions have faced significant changes over the past five years, necessitating better technology for trading. IPC Systems, a leader in trading communications, has responded with the OneView Portfolio. Released in March, this solution builds on the success of IQ/Max Touch, offering enhanced user experience and compliance capabilities.
The Japanese yen (JPY) has fallen by 0.4% against the US dollar (USD) in foreign exchange trading today, reaching its lowest level for almost forty years.
The Malaysian ringgit is currently trading at historic lows against the dollar. This has come as a surprise given how strong the Malaysian economy seems.
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