Search Results for: Allen
The 25 financial events that shaped the year 2015
December 30th, 2015
As we are close to move from year 2015 to year 2016, OneStopBrokers has collected and presents the major Financial events happened in 2015. 2015 was a year that the Eurozone was almost collapsed. We all witnessed a possible ...
Bitcoin is one of 2015’s biggest winners
December 30th, 2015
Gold is down nearly 10 percent, major U.S. stock indexes are roughly flat and energy commodities have nearly all fallen more than 30 percent: It’s been a tough year for investors. And while individual stocks have seen big pops ...
Saudi Arabia reveals cuts plan to shrink $98bn budget deficit
December 29th, 2015
Sparked by plunging oil prices, the 2016 budget marks biggest shakeup in years and includes politically sensitive reforms Saudi Arabia has announced plans to cut government spending and reform its finances after plunging oil prices resulted in a record annual ...
Credit Suisse, Barclays and Deutsche Bank under new management
December 28th, 2015
In 2015, new bank chief executives have been rather like buses. You wait ages while anger mounts over regulation of the service, then three turn up at once. In the space of seven months in 2015, a trio of ...
Visa: Why 2015 was the year for payments
December 28th, 2015
2015 was definitely the year for payments. The sector saw transaction volumes grow an average of nine percent. New players like Apple joined the game. Others like Samsung and Google limbered up on the touchline. The fintech trend really swept the ...
Accounting firms have pushed into legal but will law push back?
December 28th, 2015
While big-four accounting firms have bulked up their legal services this year, law firms have missed the opportunity to diversify, says an analyst at the Commonwealth Bank of Australia (CBA). Marc Totaro, the national manager of professional services at ...
China fines global shippers on price-fixing charges
December 28th, 2015
China fined seven foreign shipping companies that carry vehicles for automakers a total of $65 million on price-fixing charges Monday in its latest effort to end anti-competitive behavior in the auto industry. Investigators found Europe’s Wallenius Wilhelmsen, South Korea’s ...
OPEC: $95 Oil, But Not Until 2040
December 28th, 2015
This week opened with the average global price of oil at an 11-year low, yet OPEC expects its own producers eventually will cut back on production, causing prices to rebound to $70 per barrel by 2020. That may seem ...
FBME launches legal fight against Cyprus Central Bank
December 23rd, 2015
The Federal Bank of the Middle East (FBME) Limited has announced that immediate legal action is being launched to contest the revocation by the Central Bank of Cyprus (CBC) of FBME Bank’s license for its branch in Cyprus and ...
The Recession And Bear Market Of 2016, In Two Charts
December 23rd, 2015
Good friend Michael Pollaro just sent a couple of charts that show the US economy heading for a brick wall. The first illustrates what happens when business sales (the green line) turn negative. In the previous two boom/bust cycles, ...
