Search Results for: FED
Morgan Stanley to pay $3.2 billion to settle financial crisis-era charges
February 12th, 2016
Morgan Stanley (MS.N) will pay about $3.2 billion to settle charges that it misled investors in residential mortgage-backed securities that later soured during the financial crisis, federal and state officials said Thursday. The case stems from an investigation by the ...
Bear Market Descends on Global Stocks
February 12th, 2016
The MSCI All-World Index falls 20% from its May 2015 record Retreat is biggest since selloff during 2011 Europe crisis The yearlong decline in global equities that started with a selloff in energy became a full-blown bear market Thursday ...
Credit Suisse Global Investment Returns Yearbook 2016
February 11th, 2016
The Credit Suisse Global Investment Returns Yearbook and the Credit Suisse Global Investment Returns Sourcebook are published today. New research analyses 70,000 days of financial market history and 2,400 country-years of data across 21 countries Rate rises typically bad ...
FINRA Warns High-Yield CD Offers Can Be Bait for High-Commission Investments
February 11th, 2016
Advertisements touting higher-than-average CD yields might actually be a lure to trick investors into buying costly investments, the Financial Industry Regulatory Authority said today in a new Investor Alert. “In light of today’s low interest rates, these ads attract attention. ...
CBI downgrades forecast for UK economic growth
February 11th, 2016
Employers’ organisation reduces forecast for GDP increases in 2016 and 2017 to 2.3% and 2.1% respectively Britain’s leading employers’ organisation, the Confederation of British Industry, has warned that the growth prospects for the UK economy have dimmed since George ...
Asia markets close mixed; Hong Kong shares tumble
February 11th, 2016
Asian markets closed mixed on Thursday as investors digested remarks from Federal Reserve Chair Janet Yellen and oil remained volatile. Hong Kong’s Hang Seng index, which resumed trading today after being shut from Monday through Wednesday for the Lunar New ...
The five fears stalking the global banking industry
February 10th, 2016
China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year Banking shares have come under pressure this week as investors express fears that the sector will be badly hit by a global ...
HSBC Sued Over Drug Cartel Murders After Laundering Probe
February 10th, 2016
Civil action claims traffickers committed terrorist acts Bank accused of aiding and abetting Sinaloa, other cartels Families of U.S. citizens murdered by drug gangs in Mexico sued HSBC Holdings Plc, claiming the bank can be held responsible for the deaths ...
Nikkei extends losses with banks, commodities stocks under pressure
February 10th, 2016
Monkeys threw a wrench into Asian markets in the Lunar New Year’s first week of trading, with sharp sell-offs in Japan, Singapore, and Down Under on Wednesday. In Australia, the S&P/ASX 200 lost 56.37 points, or 1.17 percent, to close at ...
CFTC Issues an Exemption to the Korea Exchange Permitting Designated Korea Exchange Members to Deal Directly with U.S. Customers
February 9th, 2016
The Commodity Futures Trading Commission (CFTC) today issued an Order to the Korea Exchange (KRX) permitting certain KRX Members to solicit and accept orders and in connection therewith, accept funds directly from U.S. customers for trading on KRX without ...
