Search Results for: World Bank
Credit Suisse Said Close to Guilty Plea, $2.5 Billion Accord With U.S.
May 16th, 2014
Credit Suisse Group AG (CSGN) is close to reaching an agreement to plead guilty and pay about $2.5 billion to the U.S. Justice Department and regulators to resolve investigations into whether it helped Americans evade taxes, three people familiar ...
Bitcoin consumer platform debuts at Circle
May 16th, 2014
Starting Friday at 5:30 a.m. ET, Bitcoin start-up Circle is launching a Web platform that will allow consumers to purchase Bitcoin in any amount they choose and then use that Bitcoin to spend on online shopping, at restaurants and ...
Tax Reform Is Not a Fantasy
May 15th, 2014
U.S. companies are stockpiling a record amount of foreign earned profits abroad, roughly $2.1 trillion. The amount of cash held overseas by U.S. multinationals is up 93 percent since 2008. And Uncle Sam receives a near-zero return on foreign ...
London’s Latest Boom Is in Billionaires
May 13th, 2014
Tucked into the U.K, the world’s seventh-richest country with an annual GDP of about $2.5 trillion, is an island of rich people with its own subculture, customs, habits and proclivities. London now has more billionaires than any other city ...
Asian Stocks Advance After U.S. Gauges Rally to Records
May 13th, 2014
Asian stocks rose, with the regional benchmark gauge on course for its biggest increase in seven weeks, as investors weighed earnings and after U.S. equity indexes climbed to records. Nissan Motor Co., Japan’s second-biggest carmaker, jumped 5.1 percent after ...
Yen at 85 Seen by Tokai Predicting BOJ Policy Miss: Japan Credit
May 9th, 2014
The Bank of Japan’s failure to achieve its inflation target will see the yen rebound to the highest since 2012, reversing the results of its unprecedented stimulus, according to Tokai Tokyo Securities Co. The currency will strengthen beyond 85 ...
European Stock-Index Futures Little Changed Amid Earnings
May 9th, 2014
European stock-index futures were little changed, after the Stoxx Europe 600 Index climbed yesterday to its highest level in more than six years, as investors weighed corporate earnings. U.S. index futures and Asian shares were also little changed. Publicis ...
Billionaire Hedge Funders Made Money the Old-Fashioned Way
May 7th, 2014
So Institutional Investor’s Alpha put out its 2013 hedge fund compensation ranking today, and I guess we should talk about it because rich people got paid money and that is fun to gawp at. The obvious thing to say ...
CEOs must act before HMRC’s investigations
April 30th, 2014
The phenomenal pace of international tax transparency initiatives continues to accelerate. Chancellor of the Exchequer, George Osborne, announced at the G5 finance ministers’ meeting this week that agreements for the automatic exchange of information between the UK, France, Germany, ...
UK economy is fast growing
April 30th, 2014
The U.K. now has one of the fastest-growing economies in the developed world. With growth expanding at a 3 percent annual rate as a strong housing market and manufacturing lead the way, the country’s economy is the envy of ...
