Archives
Citi to pay allowance to compensate for limited bonuses
September 1st, 2014
Citigroup Inc (C.N) has told senior staff in Europe that they would receive fixed monthly pay in addition to their salaries in an attempt to compensate for rules that limit bonuses to up to twice the level of base ...
OSB Daily Technical Analysis – Currency pairs
September 1st, 2014
OSB Daily Technical Analysis for September 1st, 2014 EUR/USD Strong downward pressure for the EUR/USD on Friday closing at the lows of the day and below support of 1.3150. The next support level is at 1.31 which is ...
UK manufacturing growth cools as export orders slip
September 1st, 2014
Britain’s main manufacturing trade association trimmed its growth forecast for 2014 on Monday after its members reported the first fall in export orders since early 2013. The EEF association said its quarterly survey of members showed slowing growth in ...
China banks seek new lending horizons as bad debts rise
September 1st, 2014
China’s biggest banks are turning their back on mainstay borrowers like manufacturers and courting high growth industries such as healthcare, food and IT in a bid to boost revenue. For the first half of this year, the banks reported ...
CSSF warns against unauthorised firm
August 29th, 2014
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the activities of an entity named World Trade Consortium which claims to be established at 25, rue Alcide de Gasperi, L-1745 Luxembourg (website: www.world-trade-consortium.com). The CSSF informs ...
ASIC publishes first report on corporate finance regulation
August 29th, 2014
The Australian Securities and Investments Commission (ASIC), has today published the first of a series of regular reports it intends issuing on the regulation of corporate finance issues in Australia. The report, which covers the period January to June ...
The billion-dollar fall of the house of Espirito Santo
August 29th, 2014
On June 9, with his 150-year-old Portuguese corporate dynasty close to collapse, patriarch Ricardo Espirito Santo Salgado made a desperate attempt to save it. Salgado signed two letters to Venezuela’s state oil company, which had bought $365 million in ...
Euro zone inflation dips as expected in August
August 29th, 2014
Euro zone inflation dropped to a fresh five-year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate policy action. Consumer prices in the 18 countries using the ...
SRA scam warnings
August 29th, 2014
Birketts has been exposed by the Solicitors Regulation Authority (SRA) as the subject of a scam after members of the public received emails purportedly from the UK Border Agency advising them to send money to the firm as well ...
Vanishing euro zone inflation seen intensifying ECB policy headache
August 29th, 2014
If euro zone inflation falls deeper into the ‘danger zone’ as expected on Friday, it will at the very least complicate the European Central Bank’s plans to wait and see whether its recent policy move to ignite the euro ...
