Search Results for: Bank of America
23 Nations Around The World Where Stock Market Crashes Are Already Happening
August 18th, 2015
You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing. Most of these stock market crashes are occurring in nations ...
Europe: When the Macro Overshadows the Micro
August 17th, 2015
Christian Thimann currently works with the French investment bank AXA while also holding an academic position at the Paris School of Economics. However, from 2008 to 2013 he was Director General and Adviser to the President at the European ...
Gain Capital’s GTX Expands Its Global Team With Senior Sales Hires
August 17th, 2015
GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, announced that GTX, its institutional forex business, has hired two senior executives to its global sales team as the firm looks to further strengthen and expand ...
The Aftermath of LIBOR and Penny-Shaving Attacks
August 12th, 2015
Anyone remember the LIBOR scandal from back in spring 2008? A trader for UBS Group and Citigroup named Tom Hayes was just sentenced by a British court to 14 years imprisonment for his role as a ringleader of the scandal. Darrell Duffie and Jeremy C. ...
Citigroup’s Sale of OneMain to Springleaf Hits Antitrust Obstacle
August 7th, 2015
Springleaf agreed in March to buy OneMain from Citigroup U.S. antitrust authorities have thrown a wrench into Citigroup Inc.’s plan to divest its subprime lending unit. Five months ago, Citigroup said it would sell the business, known as OneMain Financial, to Springleaf ...
Oil Prices Near Six-Year Lows on Oversupply Fears
August 7th, 2015
Increased stockpiles and worries over China’s demand feed bearish momentum Oil prices dropped toward six-year lows Thursday on concerns that the global crude glut will worsen when the U.S.’s busy summer-driving season comes to a close. Prices have slid ...
This Precious Metal Needs a Silver Bullet
August 6th, 2015
In the past 12 months alone, the benchmark silver-futures contract has declined 27% Once prized as a precious metal that could be put to practical use, silver is now getting the worst of both worlds. Like gold, silver has ...
8 Financial Experts That Are Warning That A Great Financial Crisis Is Imminent
August 5th, 2015
Will there be a financial collapse in the United States before the end of 2015? An increasing number of respected financial experts are now warning that we are right on the verge of another great economic crisis. Of course ...
Crédit Agricole in ‘Advanced’ Talks on U.S. Sanctions Settlement
August 5th, 2015
Crédit Agricole, one of the biggest banks in France, said on Tuesday that its profit increased in the second quarter and that it was in “very advanced stage” talks to settle investigations into whether it processed payments for countries ...
Morgan Stanley brokers say they were underpaid
August 4th, 2015
Several Morgan Stanley financial advisers say they were underpaid thousands of dollars by the bank, which rebuilt its business on the back of the wealth management division where they work, insiders say. Morgan Stanley said the problems were “one-off ...