Search Results for: First Data
Pimco Total Return Fund decreases U.S. government holdings in October
November 13th, 2014
The Pimco Total Return Fund, whose long-time manager Bill Gross unexpectedly departed on Sept. 26, ended October with a slight decrease in U.S. government-related holdings and a slight increase in mortgages, the first full month under the portfolio’s new ...
SWIFT addresses the Know Your Customer’s customer compliance challenge
November 12th, 2014
New ‘SWIFT Profile’ is the first in a series of additional value-added Know Your Customer Services linked to the KYC Registry. SWIFT has announced the development of the SWIFT Profile, a report that provides an overview of an institution’s ...
FATCA Letters Promise Disclosure To IRS, What To Do?
November 12th, 2014
If you have a bank account anywhere outside the U.S., chances are you will receive a letter saying that your bank must hand over the details of any American accounts, including yours. The letters vary with the country and ...
U.S. and China Reach Deal on Climate Change after Months of Talk
November 12th, 2014
China and the United States made common cause on Wednesday against the threat of climate change, staking out an ambitious joint plan to curb carbon emissions as a way to spur nations around the world to make their own cuts in ...
Regulators fine global banks $3.4 billion in forex probe
November 12th, 2014
Global regulators imposed penalties totaling $3.4 billion on five major banks, including UBS (UBSN.VX), HSBC (HSBA.L) and Citigroup (C.N) on Wednesday for failing to stop their traders from trying to manipulate foreign exchange markets. Royal Bank of Scotland (RBS.L) and JP ...
Wednesday November 12: OSB Daily Technical Analysis – Indices
November 12th, 2014
OSB Daily Technical Analysis for November 12, 2014 S&P 500 The S&P 500 edged slightly higher with very little intraday action. Market appears to be taking a break from the recent strong up move. Some pull back and consolidation ...
Japanese stocks soar to seven-year peak on tax-hike delay talk
November 12th, 2014
Japanese stocks scaled seven-year highs on Wednesday, putting the rest of Asia in the shade, buoyed by expectations Prime Minister Shinzo Abe will postpone a planned sales tax hike to avoid damaging a fragile economic recovery. MSCI’s broadest index ...
FCA confirms price cap rules for payday lenders
November 11th, 2014
People using payday lenders and other providers of high-cost short-term credit will see the cost of borrowing fall and will never have to pay back more than double what they originally borrowed, the Financial Conduct Authority (FCA) confirmed today. ...
London pre-open: Little change expected on FTSE ahead of opening bell
November 11th, 2014
UK stocks are expected to kick-off Tuesday’s session with limited gains as investors await direction ahead of what is expected to be another fairly quiet session beyond corporate news. City sources predict the FTSE 100 will open around five ...
Yuan Bears Say Record Dollar Debt to Fuel Decline: China Credit
November 7th, 2014
Yuan bears have added Chinese companies’ record dollar borrowings to the list of reasons why the currency may weaken. Chinese firms raised $196 billion from loans and bonds this year, 11 times more than the $17.7 billion of 2008, ...
