Thursday 20th January 2022,
Radio Metta

Exchange

Brexit: Stripping London of £800bn clearing business could cost investors £80bn, says London Stock Exchange

Brexit: Stripping London of £800bn clearing business could cost investors £80bn, says London Stock Exchange

Two prominent City of London figures have warned EU leaders about the dangers of stripping London of the lucrative euro clearing trade after Brexit. A proposed move could cost investors €100bn (£83bn) over five years, Xavier Rolet, chief executive of the London Stock Exchange, said on Monday. Seperately, Michael Spencer, founder of broker Icap described the [...]

May 22, 2017 Loknath Das Business Comments Off on Brexit: Stripping London of £800bn clearing business could cost investors £80bn, says London Stock Exchange

Banks to exchange notes only for own customers today

Banks to exchange notes only for own customers today

Indian Banks’ Association (IBA) on Friday said banks on Saturday will not exchange old Rs 500 and Rs 1,000 notes with the new ones to perform other banking related duties, which have been on hold since November 8.   Senior citizens would be exempted from this restriction. However, a customer can still withdraw and deposit [...]

November 19, 2016 Saheli Uncategorized Comments Off on Banks to exchange notes only for own customers today

Banks say note exchange facility being misused

Banks say note exchange facility being misused

NEW DELHI: Confusion over the facility for exchanging old high-denomination notes, subject to a limit of Rs 4,000, at banks and post offices by providing valid identity cards has led to some people misusing the system to legalise their unaccounted wealth. At present, the exchange facility is a one-time window and the limit will be [...]

November 12, 2016 Saheli Business Comments Off on Banks say note exchange facility being misused

Banks abandon the Caribbean, local bitcoin exchange experiences 33% increase in users every month since February

Banks abandon the Caribbean, local bitcoin exchange experiences 33% increase in users every month since February

Smaller, poorer countries are being abandoned by big banks in an exodus commonly referred to as “de-risking” or “de-banking.” In the Caribbean, where many small countries with poorer populations reside close to each other, the problem is getting so bad that local businesses regularly have a hard time receiving remittances and paying suppliers outside of [...]

August 6, 2016 Saheli Real Estate Comments Off on Banks abandon the Caribbean, local bitcoin exchange experiences 33% increase in users every month since February

Asset holders to earn interest from fees on decentralized exchange OmniDex

Asset holders to earn interest from fees on decentralized exchange OmniDex

The Omni Layer Foundation recently released the latest version of its Decentralized Exchange, OmniDex 2.0. Omni holders will soon start receiving 0.05% of the exchange volume as interest, after an introductory month of fee free trading. The project initially launched as Mastercoin in 2013, raising over 5,000 bitcoins in industry’s first crowdfund, about $500,000 at [...]

August 6, 2016 Saheli Real Estate Comments Off on Asset holders to earn interest from fees on decentralized exchange OmniDex

New studies links climate exchange to kidney ailment

New studies links climate exchange to kidney ailment

climate exchange may also improve charges of chronic kidney disorder international as risingtemperatures and warmth strain damage kidneys, researchers file. They analyzed international records and observed that warmness strain–related persistent kidneydisorder seems to be on the upward push in rural communities in hot regions. The chance of heat pressure–associated persistent kidney disease has expanded due [...]

May 8, 2016 Saheli Health Comments Off on New studies links climate exchange to kidney ailment

What’s in a name exchange? Politics, some at George Mason college worry

What’s in a name exchange? Politics, some at George Mason college worry

WASHINGTON — For years, students and college at George Mason university paid little attention as Charles G. Koch and other conservatives helped transform their once sleepy commuter school within thesuburbs of the country’s capital right into a main producer of free–marketplace scholarship. The attempt,after all, changed into focused on some specific departments like economics and [...]

April 29, 2016 Saheli Education Comments Off on What’s in a name exchange? Politics, some at George Mason college worry

London Stock Exchange and Deutsche Boerse agree merger

London Stock Exchange and Deutsche Boerse agree merger

The tie-up will create one of the largest exchange companies in the world with a combined value of about £21bn. Under the terms of the deal, LSE shareholders will own 45.6% of the new holding company, while Deutsche Boerse shareholders will own 54.4%. LSE chief executive Xavier Rolet said the two firms were “creating an [...]

March 16, 2016 Saheli Business Comments Off on London Stock Exchange and Deutsche Boerse agree merger