Search Results for: EY
Microsoft fights U.S. search warrant for customer e-mails held in overseas server
June 11th, 2014
Microsoft, one of the world’s largest e-mail providers, is resisting a government search warrant to compel the firm to turn over customer data held in a server located overseas. In what could be a landmark case, the Redmond, Wash., ...
Hedge Fund Manager Jarkesy Loses Bid to Toss SEC Case
June 11th, 2014
Houston hedge-fund manager George Jarkesy Jr. must face a U.S. Securities and Exchange Commission case in which he was accused of steering bloated fees to the John Thomas Financial Inc. brokerage. Jarkesy lost a bid to throw out the ...
Fed Prepares to Keep Super-Sized Balance Sheet for Years to Come
June 11th, 2014
Federal Reserve officials, concerned that selling bonds from their $4.3 trillion portfolio could crush the U.S. recovery, are preparing to keep their balance sheet close to record levels for years. Central bankers are stepping back from a three-year-old strategy ...
Europe Stocks Are Little Changed on World Bank Global Cut
June 11th, 2014
European stocks were little changed near a six-year high as the World Bank cut its global growth forecast, and investors awaited a report on U.K. unemployment. U.S. stock-index futures were also little changed, while Asian shares rose. Airbus NV ...
EUR/USD Daily Chart – Technical Analysis
June 11th, 2014
Pair’s Outlook EUR/USD closed below the weekly S1 yesterday, meaning there are no significant supports left to guard the key level at 1.3481/75—monthly S1 and, more importantly, the 2014 low. Depreciation of the Euro beyond this point in the ...
Merrill Lynch Equities (Australia) Limited pays $65,000 infringement notice penalty
June 10th, 2014
The Australian Securities and Investments Commission (ASIC) has imposed the penalty of $65,000 to Merrill Lynch Equities (Australia) Limited (Merrill Lynch) in order to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The penalty was for ...
Price rises threaten to stifle China easing
June 10th, 2014
Chinese consumer inflation picked up in May following a dip in April that had raised concerns about the danger of deflation in the world’s second-largest economy. The headline consumer price index rose 2.5 per cent from a year earlier, ...
Bank of England launches cyber crime unit
June 10th, 2014
The Bank of England (BoE), ahs announced that it has launched a new framework to help identify areas where the financial sector could be vulnerable to sophisticated cyber-attack. This is part of the Bank of England’s response to the ...
Moscow Exchange is to join the FIX Trading Community as a new Global Premier member
June 10th, 2014
Moscow Exchange (MOEX) has issued in its press release dated June 9th that is delighted to join the FIX Trading Community as a new Global Premier member. MOEX manages the sole exchange platform in Russia for equities, bonds, derivatives, ...
Fed’s Bullard: ‘The Bubble Was Developing Under Our Noses’
June 10th, 2014
Perhaps accidently wiping out in one fell swoop six years of carefully orchestrated and minutely maintained Fed propaganda, St. Louis Fed President James Bullard admitted to reporters on Monday after a speech in Palm Beach, Florida, that the Fed ...
