Search Results for: BNP Paribas
Asia markets erase early losses as traders digest ECB easing
March 11th, 2016
Asia markets reversed early losses to trade mostly higher on Friday, as traders digested fresh easing from the European Central Bank (ECB) overnight. The Japanese benchmark Nikkei 225 erased losses to close up 86.52 points, or 0.51 percent, at 16,938.87. The ...
Shale Oil Isn’t Saudi Arabia’s Only Nemesis
March 2nd, 2016
Even when glut stops growing, market might shrug: SocGen History shows oil rebound will hinge on stockpiles: Goldman Even if Saudi Arabia wins its struggle with U.S. shale producers over market share, it will face a new billion-barrel adversary. ...
Euromoney:Private Banking and Wealth Management Survey 2016
February 25th, 2016
UBS Wealth Management voted best global private bank; revenue outlook dimmer this year; asset management competition heats up. In Euromoney’s 13th annual private banking survey for 2016, UBS Wealth Management has made its way back to the top of ...
Day Of Reckoning: The Collapse Of The Too Big To Fail Banks In Europe Is Here
February 11th, 2016
There is so much chaos going on that I don’t even know where to start. For a very long time I have been warning my readers that a major banking collapse was coming to Europe, and now it is ...
Deutsche Bank Shares Drop Again as European Banks Get Pummeled
February 9th, 2016
Investors are concerned about ability to navigate volatile markets Deutsche Bank AG’s shares dropped almost 10% on Monday as the battered European banking sector was hit by a fresh selloff amid investor concerns about lenders’ capital buffers and ability to ...
VW faces tougher Justice Department while GM and Toyota settled criminal charges without pleading guilty
February 8th, 2016
Government making `big deal’ of company’s emissions cheating GM, Toyota settled criminal charges without pleading guilty No one has died from the emissions-cheating software Volkswagen AG has admitted it installed in some of its cars, yet the U.S. Justice ...
Barclays Among Bidders For TD Direct Broker
February 1st, 2016
Barclays has emerged as a surprise potential buyer of TD Direct Investing as its Canadian owner explores a sale, Sky News learns. Barclays has tabled an offer to buy TD Direct Investing, one of the UK’s biggest retail stockbroking ...
Which country is the World’s Favorite New Tax Haven?
January 28th, 2016
The World’s Favorite New Tax Haven Is the United States Moving money out of the usual offshore secrecy havens and into the U.S. is a brisk new business. Last September, at a law firm overlooking San Francisco Bay, Andrew ...
Europe’s big banks remain wary of doing business with Iran
January 25th, 2016
Sanctions have been lifted but uncertainty over US authorities’ stance means banks are reluctant to handle payments A week after the lifting of sanctions against Iran, major European banks are still reluctant to handle Iranian payments as they remain wary of ...
Draghi Efforts Thwarted by Oil as Economists See More Easing
January 19th, 2016
Some 61% of respondents in Bloomberg survey see more stimulus Raising monthly QE amount, deposit-rate cut seen among options Mario Draghi may have to up the ante, and he has oil to blame. More than 60 percent of economists ...
