Search Results for: EBA
Brokers Battle Deutsche Bank Over Selling In-House Products
September 9th, 2014
Since the market collapse of 2008, scrutiny has intensified on the way large banks and securities firms treat their brokerage customers, particularly when it comes to steering them into the firms’ own products. One possibility raised in the 2010 ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
ECB Wades Into Currency Wars But Needs Reform Backing
September 8th, 2014
The European Central Bank spent a long time being a noncombatant in the global currency wars. But it has decisively entered the fray as it seeks to boost its balance sheet by €1 trillion ($1.294 trillion) through fresh loans ...
Promise From European Central Bank Is Also a Gamble
September 5th, 2014
By promising to rev up the printing presses, the European Central Bank has created hope in the markets that Europe may finally start to overcome its economic challenges. Yet the central bank is taking a big gamble in directing ...
At Trial, Arab Bank’s Lawyer Spars With Witness
September 5th, 2014
For three days, the former chief of the Israeli military’s Palestinian Affairs Department delivered important, if a bit dry, testimony in the terrorism financing trial of Arab Bank in Federal District Court in Brooklyn. The witness, Arieh Spitzen, had ...
No Matter the Outcome, Scottish Vote Will Shake U.K.
September 5th, 2014
Until this week, almost nobody outside Scotland took very seriously the possibility that Europe’s most stable and durable nation, the only big country on earth not to have suffered invasion, revolution or civil war at any time in the ...
CBO Reduces US Corporate Tax Revenue Forecast
September 1st, 2014
In its latest estimates, the Congressional Budget Office (CBO) has maintained its forecast for a reduced United States federal budget deficit this year, but has had to increase it from the forecast made in April, mostly because of lower-than-anticipated ...
Barclays to Sell Retail and Corporate Bank Units to CaixaBank of Spain
September 1st, 2014
Barclays said on Sunday it had agreed to sell its retail and corporate banking business in Spain to CaixaBank for 800 million euros, or $1.05 billion, the latest development in the British bank’s plan to streamline itself by selling ...
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 ...
Bulgaria may let Corpbank depositors get partial access to accounts
August 29th, 2014
Depositors at Bulgaria’s Corporate Commercial Bank (Corpbank) 6C9.BB may get partial access to their funds at the troubled bank in September, Interim Finance Minister Rumen Porozhanov said on Friday. “We debated issues of partial access to deposits as of ...
