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U.S. Banks Say Soaring Dollar Puts Them at Disadvantage

February 9th, 2015 (0)
Firms Say They May Be Forced to Hold More Capital Than Foreign Rivals The strengthening U.S. dollar is rippling through the financial system in unexpected ways, revealing what bankers say is a hidden flaw in a Federal Reserve proposal ...

HSBC files show how Swiss bank helped clients dodge taxes and hide millions (Video)

February 9th, 2015 (0)
Data in massive cache of leaked secret bank account files lift lid on questionable practices at subsidiary of one of world’s biggest financial institutions. HSBC’s Swiss banking arm helped wealthy customers dodge taxes and conceal millions of dollars of ...

Bottom Line for S&P 500 Is Top Line as Price-Sales Ratio Expands

February 9th, 2015 (0)
The bottom line for this bull market may turn out to be the top line. After a six-year run in the Standard & Poor’s 500 Index, corporate revenue, not corporate profits, is flashing red. Judged against sales, the index ...

Greek prime minister not backing down

February 9th, 2015 (1)
With a difficult week looming for Greece and amid rising pressure from creditors, Prime Minister Alexis Tsipras on Sunday presented his government’s policy program in Parliament, pledging to implement pre-election promises to revoke austerity measures, though not all at ...

LMAX Exchange wins best FX ECN/MTF for the third year running

February 6th, 2015 (0)
LMAX Exchange, the leading FCA regulated MTF for global FX and the UK’s fastest growing technology firm, has been named ‘Best FX Trading Venue (ECN/MTF)’ for the third year running at the 2015 Wall Street Letter (WSL) Institutional Trading ...

Tinubu Square Winner Of The IE Club Global 60 Trophy

February 5th, 2015 (0)
Tinubu Square, the trusted source of credit risk solutions for trade credit insurers and businesses, has today announced that it has received an award from the IE Club, which is based in Paris, Montreal, Boston and Israel, naming Tinubu ...

Societe Generale awarded ‘Best Trade Finance Bank in France’ by Global Finance Magazine

February 5th, 2015 (0)
This award recognizes the commitment of Société Générale’s teams in France to support businesses internationally. By building close relationships with its customers, the bank is able to offer tailored advice and innovative solutions for clients’ security issues and financing ...

Euronext announces monthly trading volumes for January 2015

February 5th, 2015 (0)
Amsterdam, Brussels, Lisbon, London and Paris – 4 February 2015 Euronext, the leading exchange in the Eurozone, today announced trading volumes for January 2015. The January 2015 average daily transaction value on the Euronext cash order book stood at ...

Markets mixed as oil plunge resumes

February 5th, 2015 (0)
US stocks pulled back on Wednesday on the backdrop of resumed slide in oil prices and news that European Central Bank will no longer accept Greek bonds as collateral. Energy, utilities and health-care stocks led the losses, with six ...

Yanis Varoufakis expresses surprise at free market endorsement

February 5th, 2015 (0)
Here’s why Adam Smith Institute agrees with Syriza The world’s most interesting finance minister has expressed his surprise at being backed one of Britain’s leading free-market think-tanks. Yanis Varoufakis, the man appointed by Greece’s radical left wing party Syriza ...
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