Search Results for: financial crisis
It Is Mathematically Impossible To Pay Off All Of Our Debt
May 25th, 2015
Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt? Today, the debt of the federal government exceeds $145,000 ...
Federal Reserve proposes adding certain investment grade general obligation state and local municipal bonds
May 25th, 2015
The Federal Reserve Board on Thursday proposed adding certain general obligation state and municipal bonds to the range of assets a banking organization may use to satisfy regulatory requirements designed to ensure that large banking organizations have the capacity ...
Bank Regulations Increasing Capital Requirements by $2 Trillion in Europe, U.S.
May 22nd, 2015
FICO has found cumulative capital requirements among banks in Europe and the United States are on pace to increase more than $2 trillion from pre-financial-crisis levels due to new regulations. That finding is included in a report on the global banking sector ...
Big Law Firms Winning More of Intellectual Property Work
May 20th, 2015
As disputes over patents, copyrights, trademarks and trade secrets have grown, the nation’s biggest law firms have wrested away much of the lucrative intellectual property litigation work from smaller boutique firms. Last year, the 50 largest firms had 61 ...
Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?
May 19th, 2015
Do you remember what happened when Cyprus decided to defy the EU? In the end, the entire banking system of the nation collapsed and money was confiscated from private bank accounts. Well, the nation of Greece is now approaching ...
IFRS 9 could hike banks’ loan loss provisioning by 50%
May 19th, 2015
BANKS could be forced to set aside as much as 50% more capital to cover possible future losses from bad loans under new accounting rules on credit exposures, research by Deloitte has found. According to Deloitte’s Fifth Global IFRS Banking ...
Dollar pushes higher but near lows after downbeat U.S. data
May 18th, 2015
* Output, consumer confidence data back bets that Fed will wait * IMM data show speculators continued to trim long dollar bets * DXY vulnerable to further near-term correction-strategist * Kiwi skids after tax news raises rate-cut speculation The ...
GCC pushes on towards introduction of regional VAT
May 12th, 2015
GCC officials agreed at the weekend to keep working towards the introduction of a value-added tax (VAT) around the region, in a sign that low oil prices may be strengthening support for the idea. A meeting in Doha of ...
UBS Sets Sights on U.S. Investment Banking Again
May 8th, 2015
UBS AG, which stumbled badly the last time it pushed to expand in the lucrative U.S. investment-banking market, is again seeking to build its business here—though this time with more modest ambitions. UBS AG, which stumbled badly the last time ...
Experts Are Warning That The 76 Trillion Dollar Global Bond Bubble Is About To Explode
May 5th, 2015
Warren Buffett believes “that bonds are very overvalued“, and a recent survey of fund managers found that 80 percent of them are convinced that bonds have become “badly overvalued“. The most famous bond expert on the planet, Bill Gross, ...
