This is the era of blockchain and crowdfunding. This is the era of disruption. The emerging crypto market is comprised of a new and distinct set of investors and entrepreneurs. A new economic ecosystem has surfaced, causing substantial disruptions to ...
Analysts at Bernstein say bank could signal a cut in shareholder payout
All the day’s economic and financial news, as UBS says sterling would suffer a sharp correction if Britain votes to leave the EU
In other news:
LSE confirms it is in negotiations with German rival about all-share merger
Bank of England governor Mark Carney has told MPs that investors fear the pound will suffer fresh losses as the EU referendum approaches
Crude oil dips on renewed supply glut fears, with markets set to end positive week on downbeat note
Iraq’s oil minister says producers need to find a way of restoring ‘normal’ prices
Sir John Vickers says UK banks are still at risk, with Beijing prepared to spend billions propping up Shanghai market as fears grow of new crash
China reopens only marginally lower after the new year break despite a huge miss on trade data, while Japan boosted by hopes of more stimulus measures.
William Dudley says US households and banks are able to absorb shock of global market turbulence and seeks to quell fears of bank lending ‘doom loop’