The US bank Morgan Stanley has reached an agreement to acquire the E-Trade financial services platform for 13,000 million dollars (12,034 million euros) in shares, as reported by the entities, which expect to complete the transaction in the fourth quarter of 2020.
According to the agreed…
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Hong Kong fines UBS for excessive customer charges
The Hong Kong Securities and Futures Commission (SFC) issued a fine against UBS for $ 47 million for overcharging its customers between 2008 and 2017 and for committing serious and systemic failures in its internal controls.
The Swiss bank…
New Bank in Puerto Rico joins the crypto ecosystem
The news portal specialized in bitcoins and digital currencies Coindesk reported this Thursday that the new bank called Medici Bank, based in Puerto Rico will test the digital incorporation procedures, the application programming interface…
Economy stagnation in Spain reduces job creation
The Spanish economy is suffering serious complications and not a slight cooling as the government of the day has announced, creating a slowdown in the economy limiting the labor market. The Bank of Spain ensures that the rate of job…
FED will monitior liquidity problems in the US
According to statements by the head of the New York FED, John Williams, when the lack of money worsened, the FED acted quickly and "achieved the expected effect of reducing market tensions." This situation highlights the FED's vital role in…
BID grants a US $ 100 million loan to increase investment in Chile
The loan approved by the BID will finance a program that will favor the increase in investment, contributing to sustainable growth in the South American country. Similarly, it will contribute to the improvement of regulatory frameworks that…
Holland will apply regulations on crypto service providers in 2020
The Dutch Central Bank, DeNeederalandscheBank, announced Tuesday that they will soon start applying regulations to companies that provide services related to cryptocurrencies. The expected date is January 10, 2020, and the regulations will…
Cyber crime against Colombian bank through phishing
Recently, a phishing site supplanted the identity of a famous bank in Colombia showing it even complies with the requirement of having an SSL certificate which makes the user believe that the site offers greater protection for navigation…
Banesco Panama will enable transfers with ripple
Banesco Panama recently announced that it successfully completed the first test of international transfers, using the ripple network and the blockchain technology. However, the news did not provide details about the date on which the…