Payments sector faces fintech-driven revolution
An EBA report outlines risks and opportunities
- By: James Langton
- July 8, 2019 October 31, 2019
- 11:23
An EBA report outlines risks and opportunities
Agency reports the Investment Banking Services Price Index rose 5% in 2018
The dollar traded for an average of US76.34¢ on Friday
Economists say central bank must weigh domestic growth against global uncertainty
Financial firms summarize the outlook for stocks, bonds and global growth
The monetary policy report noted increased uncertainty in the economic outlook
Strong performance could complicate the Fed’s rate decision
The economy shed 2,200 net positions
S&P/TSX composite index closed up 12.65 points on Thursday
The average selling price rose to $832,703
Economic optimism increased in the second quarter
Report also finds market risks are high
Jobs growth dominated by full-time, low-paying employment
Data from the month show an 8.6% year-over-year increase
Markets surge on anticipated interest rate cuts in the U.S.
Only debt underwriting fees increased
S&P/TSX composite index closed up 89.09 points on Tuesday
Banks are exposed to ESG risks both through their own activities and indirectly, through loans and investments
Mercer reports DB pension plans were stable during the quarter
Equity issuance hit a three-year low, while debt issuance was up 2% year over year
Most regions and sectors plan to increase investment spending and hiring
Growth topped expectations
Consumer confidence slipped, but remains high
The dollar traded at an average of US76.27¢ on Thursday