Search Results for: Total
Saudi Arabia Just Got Turned Into an ETF
September 17th, 2015
Now that you can have instant exposure to Middle Eastern stocks, the question is: Do you want it? Like a game of Risk, the entire world is slowly but surely getting wrapped up by U.S. exchange-traded fund issuers. The IShares MSCI Saudi ...
Moody’s: Plummeting oil prices will squeeze global oil and gas companies’ earnings, keeping outlook negative into 2016
September 17th, 2015
Plummeting oil prices will cause cash flow for the global integrated oil & gas industry to contract by 20% or more for 2015, with only a modest recovery expected in 2016, say Moody’s Investors Service. This reflects the rating ...
Big Banks Cutting Tens Of Thousands Of Jobs; Huge Implications
September 16th, 2015
Money center banks — which over the past few decades have grown into the biggest financial entities the world has ever seen — appear to have hit a wall, and are now shedding tens of thousands of workers. Three ...
Thomson Reuters: Interview with Vítor Constâncio, Vice-President of the ECB
September 16th, 2015
Interview with Vítor Constâncio, Vice-President of the ECB, conducted by Paul Ingrassia, Balazs Koranyi and John O’Donnell on 14 September Is quantitative easing working? It is working and effective in many ways. The ultimate metric to assess success is the ...
Greece: Banks prepare for crackdown on bad loans
September 16th, 2015
Banks are preparing for a drastic revision to their method of tackling nonperforming loans right after this Sunday’s elections, as Greece’s commitments included in the third bailout agreement provide for the drafting of an overall strategy that will efficiently ...
China Stocks Jump in Last Hour of Trading on State Support Signs
September 16th, 2015
Government buying may be trigger for rebound, IG Asia says ChiNext small-caps index jumps 7.2% for biggest one-day gain China’s stocks surged after the Shanghai Composite Index slid below the key 3,000 level, with gains coming in the ...
RBS in 84.4 million pound mortgage securities deal with U.S. regulator
September 16th, 2015
Royal Bank of Scotland Group PLC has agreed to pay 88.4 million pounds to resolve claims by a U.S. regulator that it sold toxic mortgage-backed securities to now-failed credit unions, according to a court filing on Tuesday. The National ...
Asian Stock Markets Bounce Back
September 16th, 2015
Regional markets come off multiyear lows ahead of Federal Reserve meeting Most markets in Asia climbed back from their lowest levels in years on Wednesday, ahead of an announcement from the U.S. Federal Reserve on whether it would raise ...
Thomson Reuters Launches Industry Leading Market Data Services in SGX Co-Location Data Centre
September 15th, 2015
Elektron Managed Services now available to customers in SGX data centre through a simple cross-connect Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, announced today the launch of its industry leading market data services ...
FXCM Completes Sale of FXCM Hong Kong to Rakuten Sec
September 15th, 2015
FXCM to Pay an Additional $33 Million Owed to Leucadia FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange (FX) trading and related services, announced that Forex Trading, LLC, a subsidiary of FXCM Newco, LLC (“FXCM”) has completed its sale of FXCM Asia ...