Search Results for: EBA
OECD downgrades global growth outlook
February 19th, 2016
Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Outlook. The world economy is likely to expand no faster ...
Google Isn’t Paying the ‘Google Tax’
February 19th, 2016
Close to four years ago, Europe began to notice that some of the world’s biggest technology companies were paying minimal tax on the billions of dollars they earned across the continent. Among those the U.K. and other governments criticized ...
Amsterdam becoming “silicon valley” of fintech
February 18th, 2016
The FinTech sector is on fire in the Netherlands, to such an extent that Amsterdam may well be on its way to becoming the “Silicon Valley” of FinTech companies, according to Don Ginsel, chairman of financial startups trade association ...
Brexit: The impact on commercial relationships and contracts; 6 things you need to know
February 18th, 2016
The debate about a Brexit has focused largely on the political arguments advanced by the “in” and “out” campaigns, but a departure from the EU will obviously also have a significant impact on commercial relationships and contracts. A referendum ...
Iran oil minister: Support any effort to stabilize market and prices
February 18th, 2016
Iran could support any effort to stabilize oil prices, including cooperation between OPEC and non-OPEC oil producers, the nation’s oil minister said after a meeting Wednesday, according to Reuters. Oil Minister Bijan Zanganeh said while he supports a production ...
Oil price rises ahead of OPEC talks with Iran
February 17th, 2016
Oil prices were higher on Wednesday morning as OPEC oil ministers traveled to Iran to talk about a possible production freeze between global oil producers. Skepticism has mounted over the possible freeze mooted Tuesday and Iran has already voiced ...
The Schism Over Bitcoin Is How Bitcoin Is Supposed to Work
February 12th, 2016
THE BITCOIN COMMUNITY can’t even agree on whether it’s breaking up. Last month, Mike Hearn—an ex-Googler and one of the biggest names working on the software underpinning bitcoin—made more than a few headlines when he called the digital currency “a failed ...
Credit Suisse Global Investment Returns Yearbook 2016
February 11th, 2016
The Credit Suisse Global Investment Returns Yearbook and the Credit Suisse Global Investment Returns Sourcebook are published today. New research analyses 70,000 days of financial market history and 2,400 country-years of data across 21 countries Rate rises typically bad ...
FCA fines former Head of JP Morgan’s CIO International £792,900 for failing to be open and co-operative
February 9th, 2016
The Financial Conduct Authority (FCA) has today fined Achilles Macris £792,900 for failing to be open and co-operative with the Authority. Mr Macris was Head of CIO International for JPMorgan Chase Bank, N.A. in London. In the role he ...
Italy’s bad bad bank
February 8th, 2016
Europe’s plan for a bad bank in Italy, it turns out, is to not have a bad bank at all. Given how long it has taken, any news is good news. Italy finally reached agreement with the EU in ...