Culled—ZeroHedge by Tyler Durden Five months after Jamie Dimon’s infamous outburst, in which the JPM CEO called Bitcoin a fraud, and threatened any JPMorgan trader caught trading cryptocurrencies with immediate termination “for being stupid”, which was followed by JPM’s head quant alleging bitcoin was a pyramid scheme, the largest US […]
Money Market
Reality Bites on Interest Rates for Global Economy-Fitch
February 12, 2018/Fitch Ratings World growth prospects remain very strong for 2018 and are unlikely to be derailed by recent financial market volatility, but the balance of inflation risks is shifting, with implications for monetary policy, says Fitch Ratings in its latest Global Economic Update report. Data released since Fitch’s […]
Fitch Affirms Sterling Bank Plc at ”B-”; Outlook Stable
February 11, 2018/Fitch Ratings Fitch Ratings has affirmed Nigeria-based Sterling Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ and National Long-Term Rating at ‘BBB-(nga)’. The Outlook is Stable. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers IDRS, Viability Rating […]
