Search Results for: Pound
Rich Russians in U.K. Think About Sanctions, but Keep Buying Mansions
August 20th, 2014
A lunchtime crowd of around 60 real-estate agents and property developers tucked into champagne, caviar and canapés last week at a new six-bedroom mansion in St. George’s Hill, a gated community in London’s leafy suburbs popular with ultrawealthy foreigners. ...
Money-Laundering increase, urges hiring by British Banks
August 18th, 2014
U.K. banks have made a push to hire more anti-money laundering staff as regulatory scrutiny grows, with a 54 percent increase in the number of roles available over the last year, according to a recruitment firm. More than 2,157 ...
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
Technical Analysis GBP/USD tests monthly S1
August 11th, 2014
Technical Analysis GBP/USD for August 11, 2014 Pair’s Outlook GBP/USD has just hit the monthly S1, and if the bears keep forcing the pair to go lower, there are also the 200-day SMA and May low that are ready ...
Yen Falls as Russia Eases Ukraine Tension
August 11th, 2014
The yen fell versus 14 of its 16 major peers as concern eased about tensions in Ukraine after reports last week that Russia’s warplanes ended drills and the nation is seeking to mediate between Kiev and rebel forces. The ...
Technical Analysis GBP/USD approaches monthly S1 and 200-day SMA
August 8th, 2014
Technical Analysis GBP/USD for August 08, 2014 Pair’s Outlook As implied by the near-term technical studies, the British Pound continues to cede ground against the Dollar. The closest support that may bring relief is 1.6768/33, which mainly consists of the ...
Lloyds Sued by 220 Investors Over HBOS Takeover ‘Folly’
August 7th, 2014
Lloyds Banking Group Plc (LLOY) was sued by 220 investors who said they were misled into supporting a 2008 takeover of HBOS Plc that prompted a 20 billion-pound ($34 billion) bailout from the U.K. government. Britain’s biggest mortgage lender ...
Technical Analysis GBP/USD bounced off weekly pivot
August 7th, 2014
Technical Analysis GBP/USD for August 7, 2014 Pair’s Outlook Although the Cable had the potential to advance a little further, towards the 100-day SMA or even the up-trend at 1.70, the weekly pivot point turned out to be enough to ...
Goldman, Deutsche Bank Said Near Deal for National Bank of Greece Buyout Firm
August 6th, 2014
The private-equity units of Goldman Sachs and Deutsche Bank are nearing an agreement to purchase the buyout arm of National Bank of Greece SA. Goldman Sachs Asset Management and DB Private Equity are in talks to pay Greece’s largest ...
European Stocks Advance as BMW Beats Earnings Forecasts
August 5th, 2014
European stocks rose, rebounding from four days of losses, as companies including Bayerische Motoren Werke AG and Credit Agricole SA reported better-than-expected quarterly profit. U.S. stock futures were little changed, while Asian shares fell. BMW and Deutsche Post AG ...
