Search Results for: Barclays PLC
Investors Still Don’t Think Greece Will Exit the Euro
February 20th, 2015
As Greece heads toward 11th-hour funding talks with its euro-area membership on the line, bondholders are surprisingly sanguine about its failure so far to secure a deal. Forget the strategists at Commerzbank AG who say there’s a 50 percent ...
Finsphere Appoints Deanna Oppenheimer as a Strategic Adviser
February 19th, 2015
Former WAMU and Barclays retail banking executive leads CameoWorks consultancy Finsphere Corporation, a leader in mobile identity-authentication services, said today it has appointed Deanna Oppenheimer, founder and CEO of the Seattle-based global consultancy CameoWorks, as a strategic adviser to ...
ECB Set to Release Meeting Minutes for the First Time Ever
February 19th, 2015
The European Central Bank is about to lift the veil on how it pushed through unprecedented stimulus against the wishes of some of its members. In a revamp of its communications, the ECB will on Thursday publish a summary ...
HSBC, RBS Expected to Cut Bonuses After FX Fines
January 12th, 2015
HSBC Holdings Plc and Royal Bank of Scotland Group Plc are expected to reduce bonus pools after deducting part of the fines paid for foreign-exchange manipulation, the Financial Times reported. Bonus pools at banks including Deutsche Bank AG (DBK) and Barclays Plc (BARC) were also ...
How OPEC Weaponized the Price of Oil Against U.S. Drillers
January 9th, 2015
If there ever was doubt about the strategy of the Organization of Petroleum Exporting Countries, its wealthiest members are putting that issue to rest. Representatives of Saudi Arabia, the United Arab Emirates and Kuwait stressed a dozen times in ...
Dollar Matches Two-Year High Against Euro as Rupiah Strengthens
December 22nd, 2014
The dollar rose to match a two-year high versus the euro amid speculation the Federal Reserve will increase interest rates as early as April while other major central banks maintain monetary easing. A gauge of the U.S. currency was ...
Asian Currencies in Longest Weekly Declining Streak in Six Years
December 5th, 2014
Asian currencies dropped for a sixth week, the longest declining streak since 2008, as economic data boosted demand for the dollar and supported the case for higher U.S. interest rates. Malaysia’s ringgit led losses, falling to a five-year low ...
Dollar Gains a 7th Week Before Jobs; Yen Drop Spurs Bankruptcies
December 5th, 2014
The dollar headed for a seventh weekly gain, after rising above 120 yen yesterday for the first time since July 2007, as economists predicted U.S. job growth quickened while Japan is in recession and Europe struggles. The U.S. currency has gained ...
Mr. Yen Sees Drop He Forecast Nearing End on Economy
November 26th, 2014
The 14 percent plunge in Japan’s currency since mid-year has about run its course, according to the former Ministry of Finance official known as “Mr. Yen.” Eisuke Sakakibara, who got his nickname in the 1990s for his influence over the exchange ...
Banks Said Poised to Settle With CFTC in FX-Rigging Cases
November 11th, 2014
Banks suspected of rigging the $5.3 trillion-a-day currency market are preparing to reach settlements as early as this week with the main U.S. derivatives regulator, according to a person with knowledge of the cases. The Commodity Futures Trading Commission may levy ...
