Search Results for: banks
23 Nations Around The World Where Stock Market Crashes Are Already Happening
August 18th, 2015
You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing. Most of these stock market crashes are occurring in nations ...
Saudi Arabian stocks tumbled entering a so-called death cross
August 18th, 2015
Saudi Stocks Sink Into Death Cross as IMF Sees Growth Slowing Saudi Arabian stocks tumbled, entering a so-called death cross, after the International Monetary Fund said the drop in oil prices may force spending cuts and curtail the kingdom’s ...
Beltone joins Nasdaq Dubai as a Member and market maker in equities
August 17th, 2015
Collaboration underlines growing Egypt-UAE capital markets links Market making supports liquidity and trading activity Beltone Market Maker, a subsidiary of Beltone Financial Holding, one of Egypt’s leading investment banks, has joined Nasdaq Dubai as a Member and will provide ...
Greek Senior Bank Bonds Fall on Dijsselbloem Bail-In Comment
August 17th, 2015
Senior bonds of Greek banks tumbled after Euro-area finance ministers protected depositors from any losses in the nation’s 86 billion-euro ($96 billion) bailout. Eurogroup President and Dutch Finance Minister Jeroen Dijsselbloem said on Friday depositors will be shielded from ...
Saudi money market turmoil shows bank jitters over bond issues
August 17th, 2015
Longer-term money rates, dollar/riyal forwards surge Banks easily absorb last week’s sovereign bond issue Multi-year issuance programme could be different Official secrecy around bond plans adds to jitters Some see eventual pressure on FX peg, but CDS show no ...
HSBC predicts Gold prices will end the year as much as 10 percent higher than current levels
August 17th, 2015
Cheer up, gold bugs: HSBC predicts a year-end recovery The precipitous downturn in gold has taken the market to levels not seen since March 2009 but low prices may contain the seeds of the next rally, according to HSBC. ...
Gain Capital’s GTX Expands Its Global Team With Senior Sales Hires
August 17th, 2015
GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, announced that GTX, its institutional forex business, has hired two senior executives to its global sales team as the firm looks to further strengthen and expand ...
Deloitte UK’s financial services practice announces senior appointments
August 17th, 2015
James O’Riordan named leader of Deloitte’s financial services business; David Myers, David Rush and Neil Tomlinson appointed capital markets, insurance and banking leaders. Deloitte, the business advisory firm, has named senior partner, James O’Riordan, as leader of its financial ...
Dollar Gains as Yuan Fallout Continues for Emerging Assets
August 17th, 2015
The dollar strengthened as China’s shift to a more market-oriented exchange rate continued to reverberate through emerging economies, driving stocks and the ringgit lower. Oil fell, leading a gauge of commodities to a 13-year low. The dollar was stronger ...
Goldman Sachs Pays $272M to Settle Suit Over Mortgage-Backed Securities
August 14th, 2015
Goldman Sachs Group Inc. will pay $272 million to settle a lawsuit that claimed the Wall Street bank defrauded investors about the safety of about $6 billion of residential mortgage-backed securities they bought in 2007 and 2008. The settlement ...
