RBS Recovery Continues With Good First Half Profits: RBS Shares Up 3%

•  Published by Pete Nisbet on   August 4, 2017  

The RBS recovery continues with a return to profit in the first half of the year. RBS made £939 million ($1.23 billion US) pre-tax profit first half and RBS shares rose at least 3% as a result. In the first half of last year, the RBS made a loss of £2 billion. This is a good turn-around for the Br [...]

Bitcoin Blockchain Limitation Options: Segwit2x and BIP 91

•  Published by Pete Nisbet on   August 1, 2017  

However, Bitcoin blockchain limitation options are a source of much discussion in the cyber currency world. Bitcoin suffers from an issue that has been annoying many users. This involves how the Bitcoin blockchain operates. The [...]

EU Economy Growing Faster Than US and UK, With China Also on the Up

•  Published by Pete Nisbet on   July 31, 2017  

The EU economy is on a high. Growth in the euro zone during the second quarter of this year exceeded that of both the US and the UK. This trend started in the first January to March quarter of this year and has extended into the second quarter. The IMF recently upgraded forecasts for growth in the E [...]

Blackstone and CVC Bid for Paysafe Group Payments Processing Firm

•  Published by Pete Nisbet on   July 23, 2017  

A Blackstone and CVC bid for Paysafe was announced on Friday. The £2.86 billion ($3.7 billion) bid represents an approximately 9% premium over the UK-listed company’s closing price on Thursday. Blackstone and CVC Capital Partners are private equity firms based in New York and Luxembourg respectiv [...]

Bank of America Dublin Move to Take Place as Brexit Contingency Plan

•  Published by Pete Nisbet on   July 22, 2017  

Bank of America has decided to move its main EU operations to Dublin as a Brexit contingency plan. The Bank of America Dublin move will not come as a surprise to anybody. Many banks are considering Dublin as their new EU base once the UK is no longer part of the Union. This is the first American ban [...]

UK Inflation Rate Slowdown and Bank of England Interest Rate

•  Published by Pete Nisbet on   July 21, 2017  

June’s slowdown in the UK inflation rate has reduced the chances of a Bank of England interest rate hike. There had been talk of the British interest rate rising after a decade of stability. However, the rate of inflation in the UK seems to have slowed down, suggesting that the rate will remain un [...]