Search Results for: financial crisis
ECB Says Leverage Ratio Makes Banks More Stable
November 24th, 2015
Lenders have raised concerns new standard could prompt them to take more risk, offsetting benefits The European Central Bank said Monday that a leverage ratio requirement may tempt some banks to take more risk, but will still make them ...
Why rich Chinese are buying vineyards, islands in cash
November 23rd, 2015
A hundred years ago, Amadeo Modigliani painted a portrait of his wild British mistress splayed across a red velvet throw, nude, her hips arched, her kohl-rimmed eyes shut. The artist was hardly trying to play it safe – Paris ...
Morgan Stanley Tweaks Brokers’ Pay Plan for 2016
November 23rd, 2015
Minimal changes made a year after brokers grumbled over deferred compensation Morgan Stanley is taking a gentler approach to its broker compensation plan for next year. The securities firm will make small changes to its brokers’ pay plan in ...
Advice to the Prime Minister/President
November 19th, 2015
Your country faces a stagnating economy. Let us assume your Prime Minister (or President if that is who holds the executive power) seeks advice from two imaginary economists. PM: You two economists have different views on what our economic ...
Bank of Canada: Bitcoin Could Create ‘New Monetary Order’
November 17th, 2015
Central banks would “struggle” to implement monetary policy in a world where digital currencies are more widely used, a senior official from the Bank of Canada said in a speech last week. During an appearance at the Rotman School of Management ...
Barclays, HSBC, Royal Bank of Scotland ‘at risk of further penalties’
November 17th, 2015
Investigations into financial crisis conduct show ‘no signs of abating’, warns Moody’s Major banks have now set aside $219bn (£144bn) to pay fines and legal costs since the financial crisis. Ratings agency Moody’s, which calculated the vast provisions, ranked ...
Terrorism, Climate Rift, Putin-Obama and Merkel: The G-20 So Far
November 16th, 2015
World leaders’ meeting in Turkey overshadowed by Paris attacks Official agenda turns to economic growth, finance and jobs Group of 20 leaders gather on Monday for a second day of talks in Turkey, yet the world’s eyes remain on Paris. ...
Bitcoin has no future, says UBS chairman Axel Weber at Bank of England’s Open Forum
November 13th, 2015
The chairman of investment bank UBS, Axel Weber, has played down the potential of crypto-currencies such as Bitcoin. During a discussion at the Bank of England’s Open Forum, he said private currencies will fail to take off “because there ...
Joint Press Release by the Bank of Israel, the Israel Securities Authority, the Ministry of Finance, the Ministry of Justice, and the Israel Tax Authority
November 13th, 2015
The Joint Team to Promote Securitization in Israel publishes its final report, and recommends that the securitization market be developed cautiously and in a measured fashion by removing obstacles. The Interministerial Team for the Promotion of Securitization in Israel ...
4 Harbingers Of Stock Market Doom That Foreshadowed The 2008 Crash Are Flashing Red Again
November 12th, 2015
So many of the exact same patterns that we witnessed just before the stock market crash of 2008 are playing out once again right before our eyes. Most of the time, a stock market crash doesn’t just come out ...
