Money Market

Deutsche Bank Needs to Build Momentum to Reach Earnings Target

30/7/2018/Fitch Ratings Deutsche Bank’s (BBB+/Negative) 2Q18 results were affected by the bank’s restructuring, but reported pre-tax profit of EUR711 million showed reasonable revenue resilience during a quarter when the bank exited business segments no longer considered core, Fitch Ratings says. Earnings in the quarter exceeded market expectations, which had been […]

e-Business Leaders Pledge to Promote Use of Financial Services with Technology

July 27, 2018/CeBIH The committee of e-Business industry heads (CeBIH) says it will promote access to financial services for people at the bottom of the pyramid with digital solutions. Newly elected Chairman CeBIH, Mr. Stanley Jacob stated this in his acceptance speech at the election of new executives held in […]

Mastercard, Stripe to Let Companies Design, Issue Own Cards

July 27, 2018/Mastercard Sherri Haymond  I’m an avid Postmates and DoorDash user – while I do love great food, I’m often short on time and these delivery services ensure that a delicious meal is just a few taps away. It’s great to get what you want, when you want without […]