Search Results for: EBA
ICAEW edges closer to approved regulator status
July 16th, 2014
The representative body for chartered accountants has inched another step closer to gaining the authority to license alternative business structures (ABSs). Parliament agreed yesterday that the Institute of Chartered Accountants in England and Wales (ICAEW) has an appropriate appeals ...
Emerging Nations Bloc to Open Development Bank
July 16th, 2014
At a meeting in Brazil, the leaders of Brazil, Russia, India, China and South Africa announced on Tuesday that they were establishing a development bank to challenge the influence of venerable institutions like the World Bank and the International ...
European Stocks Advance With Asia as Gold, Oil Retreat
July 14th, 2014
European and Asian stocks advanced with U.S. equity-index futures after a gauge of global shares suffered its biggest weekly loss in three months. Gold fell from a four-month high, corn slid a 10th day and oil dropped as the ...
Traders Flood U.S. With $3.4 Trillion of Bond-Auction Demand
July 14th, 2014
The intensifying debate over when the Federal Reserve raises interest rates is little more than a sideshow when it comes to the ability of the U.S. to borrow. For all the concern fixed-income assets will tumble once the central ...
Asian shares nudge higher, oil nurses losses
July 14th, 2014
Asian shares rose on Monday as euro zone banking jitters faded, but investors remained cautious ahead of corporate earnings and a raft of global economic events, including testimony from the head of the Federal Reserve. MSCI’s broadest index of ...
Tech earnings may boost market in flux
July 14th, 2014
Move over, underperforming banking sector. This week, major players in the tech space will report second-quarter results, and it could be a boost to a direction-seeking market in flux. Analysts project the tech sector will have a 12.3% growth ...
Society warns against emergency data legislation
July 11th, 2014
Emergency surveillance legislation being rushed through parliament next week could end up being used for purposes beyond which it is intended, the Law Society has warned. The warning comes as MPs prepare to pass the Data Retention and Investigatory ...
Bank of England says may be case for extra leverage ratio for banks
July 11th, 2014
Lenders may have to comply with a requirement to set aside funds on top of a proposed minimum of 3pc of their capital, says the Bank The Bank of England said on Friday that big British banks and lenders ...
Alibaba’s Behemoth IPO Making Few Ripples in Washington
July 11th, 2014
Alibaba Group Holding Ltd. (BABA)’s proposal for what could be the largest initial stock offering in U.S. history is sailing through Washington with few bumps. While a federal commission has warned that the offering by the world’s biggest Internet ...
ECB keeps banks on tight leash for health check results
July 10th, 2014
The European Central Bank wants to give banks just 48 hours to review the results of a balance sheet health check so it can guard against data leaks even though the banks would like more time. The ECB is ...
