Search Results for: assets
FOREX-Yen, Swiss franc near 1-month high vs dollar as risk sentiment sours
September 30th, 2016
Yen on course to post 3 straight quarters of gains Swiss franc hits one-mth peak vs dollar, 6-week high on euro Concerns about Deutsche Bank sour risk sentiment Sterling in longest losing quarterly streak since 1984 The Japanese yen ...
Asian Stocks Slide as Deutsche Bank Jitters Boost Dollar, Gold
September 30th, 2016
Deutsche Bank sank to record low in U.S., hitting financials Gold advances with sovereign bonds as haven assets favored What’s set to be the best quarter for Asian stocks since 2012 is ending on a sour note as concern about ...
City of London braced for £2bn business rate hike
September 29th, 2016
The City of London is bracing itself for a tax hike estimated at more than £2bn when new business rates are revealed tomorrow. Details of new business rates represent the first re-evaluation since 2010. Due to rocketing rents in ...
U.S. dollar edges higher as traders await clarity on Fed rate hike path
September 29th, 2016
Dollar rises slightly vs euro, yen Traders await more U.S. data for clues on Fed rate hike path Reduced European banking concerns cap euro losses The dollar edged higher against the yen and euro on Wednesday, but gains were ...
OPEC Agrees to First Oil Output Cut in Eight Years
September 29th, 2016
Oil club to cut output to as low as 32.5 million barrels a day Deal indicates Saudi Arabia and Iran resolved some differences OPEC agreed to the outline of a deal that will cut production for the first time ...
What Blows Up First, Part 3: Really, Deutsche Bank?
September 28th, 2016
Calling Wall Street’s banks stupid and dangerous is like calling the sun “big and warm.” It’s a clear understatement of an obvious fact. The same goes for calling Japan and China economically clueless. Their actions pretty much guarantee that ...
Most Emerging Stocks Decline Before Oil Talks as Ringgit Weakens
September 28th, 2016
Financial and energy shares pace drop among industry groups Taiwan’s financial markets remain shut because of typhoon Most emerging-market stocks fell, led by financial and energy companies, as investors awaited a meeting of major oil producers seeking an output ...
Ex-HBOS Bankers Accused of Getting Travel, Escorts in Fraud
September 27th, 2016
Defendants mismanaged troubled businesses for their own gain Participants used cash and high-class escorts as rewards Ex-HBOS Plc bankers accepted expensive gifts, luxurious foreign travel and high-class escorts to establish relationships that allowed co-conspirators to take control of troubled ...
LMAX Exchange expands in the US with the launch of a New York-based exchange
September 27th, 2016
LMAX Exchange, the leading MTF for FX, today announced the expansion of its global infrastructure with the launch of its North American matching engine in the Equinix International Business Exchange™ (IBX®) data centre in New York (NY4). The LMAX ...
Thailand’s leading commercial bank adopts Bloomberg’s multi-asset risk solution
September 26th, 2016
Bloomberg, the global business and financial information and news leader, today announced that Thanachart Bank, Thailand’s sixth largest bank by asset size, has selected Bloomberg’s multi-asset risk solution (MARS) for counterparty risk management. A subsidiary of Thanachart Group, Thanachart ...
