Search Results for: Goldman Sachs Group
China Halts Stock Trading After 7% Rout Triggers Circuit Breaker
January 4th, 2016
Weak manufacturing data, end to share-sale ban sparked rout Stocks in Hong Kong extend retreat after mainland halt The worst-ever start to a year for Chinese shares triggered a trading halt in more than $7 trillion of equities, futures ...
More banks pay no UK tax, Labour wants tougher approach
January 4th, 2016
Two more investment banks have reported paying zero tax in Britain in 2014, prompting the opposition Labour party to urge the government to reverse a tax change it made for banks last year. Citigroup and Credit Suisse disclosed in ...
The World Economy’s Winners and Losers in 2015
December 31st, 2015
When the final numbers are tallied, 2015 will probably count as another disappointing year for global growth. The muted performance came even as central banks continued to pump in liquidity, oil prices plunged again and inflation was moderate. It was also a year ...
Seven big investment banks in UK paid just $30 million tax in 2014
December 29th, 2015
Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of corporate filings shows. In recent months, the seven investment and ...
J.P. Morgan to Increase Deposit Rates for Some Big Clients in January
December 29th, 2015
Bank is among first of big peers to boost deposit rates after Fed decision on interest rates J.P. Morgan Chase & Co. will raise deposit rates for some of its biggest clients in January, according to a person familiar with ...
China Unveils Economic Blueprint for 2016
December 22nd, 2015
Chinese leaders approved an economic blueprint for next year that emphasizes tackling long-term problems and reflects a realization that debt and investment can no longer power the world’s second-largest economy. The plan, laid out at a closed-door conclave of ...
Brokers Warned Not to Steer Clients’ Stock Trades Into Slow Lane
December 15th, 2015
Brokers have been put on notice: treat your customers’ orders as well as you treat your own. The Financial Industry Regulatory Authority, Wall Street’s self-regulator, recently said firms using the fastest, most expansive price databases for their own stock trading must ...
Oil Prices Slip on Bearish Inventory Data
November 20th, 2015
$40 a barrel seen as a key level by market participants U.S. oil prices dipped below $40 a barrel several times Thursday, as heavy stockpiles continued to push crude lower. Light, sweet crude for December delivery fell as low ...
Nasdaq Said to Be in Talks to Acquire Chi-X Canada Market
November 17th, 2015
The Canadian business is being valued at about $100 million Purchase would put Nasdaq in competition with Toronto exchange Nasdaq Inc. is in talks to buy Chi-X Canada, an acquisition that would put it in direct competition with TMX ...
What Morgan Stanley will do to boost profit
November 12th, 2015
Exclusive: Morgan Stanley turns to stodgy bank accounts to boost profit Morgan Stanley, (MS.N) better known for underwriting bonds than for retail banking, plans to offer savings accounts and certificates of deposits next year to wring more profit from ...
