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Spanish banks face tough rivalry in small companies bet

April 22nd, 2014 (0)
Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again. After gorging on property lending in the run-up to a financial crisis, banks are looking to revive high-margin ...

Americans still don’t trust the stock market

April 22nd, 2014 (0)
More than five years after the financial crisis, the average American is still wary of the stock market, according to a survey released Monday. The survey of over 1,000 households by Bankrate.com showed that 73% are “not more inclined ...

Japan exports growth slows sharply, keeps pressure on BOJ to act

April 22nd, 2014 (0)
Japan suffered its worst annual trade deficit in March as exports growth slowed to its weakest in a year, suggesting a rapid loss of economic momentum that may prompt policy makers into early action as a national sales tax ...

Angola Is Moving Into Oil’s Big Leagues As it Leaves Decades Of War Behind

April 17th, 2014 (0)
After decades of sporadic growth and political turmoil, Angola is on the verge of catapulting to the top ranks of the world’s energy economy following major deep-water production investments by several top global oil companies. On Monday, France’s Total ...

Credit Suisse profits down 34 percent

April 16th, 2014 (0)
Swiss bank Credit Suisse says net profit fell 34 percent in the first quarter as bond-market woes hurt earnings at its investment banking business. Profit fell to 859 million Swiss francs ($979 million) from 1.303 billion francs in the ...

Extra Rights Should Mean Extra Responsibilities

April 15th, 2014 (0)
Ordinary people have suffered huge disruption to their lives through a loss of jobs & opportunity because of the colossal mistakes of self-declared ‘Masters of the Universe’ chasing ever-bigger financial rewards within the banking industry. To add insult to ...

GBP/USD may re-test Feb high

April 15th, 2014 (0)
Pair’s Outlook Though the Cable has just encountered the Feb high, the sell-off from this level turned out to be short-lived. Accordingly, if the weekly PP at 1.6704 stays intact today, there will be an elevated chance of a ...

To Be Results Focused, Stop Focusing On Results

April 14th, 2014 (0)
For many entrepreneurs, success is measured by profitability and achieved by increasing revenue and decreasing expenses. But just focusing on those desired outcomes is a mistake that will yield little change to the bottom line. The reason being is ...

JPMorgan Chase Earns 19 Percent Less to Start the Year

April 14th, 2014 (0)
JPMorgan Chase (JPM), the largest but no longer the most profitable U.S. bank, announced a 19 percent decline in first-quarter earnings this morning, with weaker income from trading and sluggish mortgage activity. Shares fell as much as 3.7 percent ...

Chinese Property Developers Stake Out Shares In Commercial Banks, Intensifying Systemic Risks

April 14th, 2014 (0)
Major Chinese property developers have in recent months been buying increasingly large stakes in regional banks, posing risk that an unravelling in the real estate market could leave both lenders and builders confronting losses big enough to pose a ...
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