Search Results for: One Financial Markets
HSBC sets aside $378 million for FX probe settlement
November 3rd, 2014
HSBC Holdings (HSBA.L) set aside $378 million to pay a potential fine from the UK regulator for alleged manipulation of currency markets, as Europe’s biggest bank reported a 12 percent fall in underlying earnings after costs rose. HSBC on ...
Bahrain fund Mumtalakat sets up $1bn bond, sukuk programmes
November 3rd, 2014
Bahraini sovereign fund Mumtalakat has set up separate bond and sukuk issuance programmes in the Irish stock exchange to raise as much as $1 billion, to help refinance maturing debt next year. One of the smaller sovereign wealth funds ...
Citigroup sets aside $600 million more to cover legal costs
October 31st, 2014
Citigroup Inc (C.N) said it was setting aside an extra $600 million to cover legal expenses in the third quarter due to “rapidly evolving regulatory inquiries,” while also disclosing that it was subject to foreign exchange market probes. Citigroup ...
Japan’s Central Bank unexpectedly moves to stimulate economy
October 31st, 2014
The Bank of Japan will buy larger quantities of government debt in an effort to battle deflation. After insisting for more than a year that its aggressive monetary policy was sufficient to revive Japan’s economy and end deflation, the ...
How Will The Stock Market React To The End Of Quantitative Easing?
October 31st, 2014
It is widely expected that the Federal Reserve is going to announce the end of quantitative easing this week. Will this represent a major turning point for the stock market? As you will see below, since 2008 stocks have ...
Fed’s grand experiment draws to a close
October 29th, 2014
A grand experiment in US monetary policy is coming to an end. When the Federal Reserve releases the statement from its October meeting on Wednesday afternoon, the moment is almost certain to mark the end of the liquidity and ...
The equity cult alive and kicking, despite deflation threat
October 29th, 2014
Anyone betting on another “Great Rotation” of investment flows out of bonds and into stocks is in for disappointment: it’s not happening, and isn’t going to. In a world where deflation, never the most fertile ground for equities, is ...
BitQuick’s New Campaign
October 29th, 2014
BitQuick is challenging USA and Europe to sell their bitcoins by using Bitquick.co. “We’re calling it the BitQuick challenge,” says Founder Jad Mubaslat. “We’re so confident users will come back, that we’re giving away $10 or 0.03 BTC, whichever ...
Hong Kong-Shanghai Stock Connect delay hits bourse shares
October 27th, 2014
Shares of Hong Kong Exchanges and Clearing have tumbled by as much as 5% to a six-month low after a landmark scheme to connect it with Shanghai’s stock market was delayed indefinitely. Hong Kong’s benchmark Hang Seng Index also ...
BFSC warns the public against unauthorised company
October 24th, 2014
The Bulgarian Financial Supervision Commission (BFSC) warns the public against the activities of the company TRADERXP LTD. The Bulgarian Financial Supervision Commission warns that company TRADERXP LTD is not licensed by the BFSC and thus is not eligible to provide investment ...
