Search Results for: Bank of America
Fed issues rule to prevent oversized U.S. financial firms
November 6th, 2014
The U.S. Federal Reserve unveiled a final rule on Wednesday designed to prevent large financial firms from becoming so big that their failure could shake the core of the U.S. financial market. The final rule, required by the 2010 ...
Former UBS executive found not guilty in U.S. tax cheating trial
November 4th, 2014
A former top banker who headed global wealth management at UBS AG (UBSN.VX) (UBS.N) was found not guilty on Monday on U.S. charges of conspiring with wealthy Americans to hide $20 billion in secret offshore accounts. Raoul Weil, the ...
How Will The Stock Market React To The End Of Quantitative Easing?
October 31st, 2014
It is widely expected that the Federal Reserve is going to announce the end of quantitative easing this week. Will this represent a major turning point for the stock market? As you will see below, since 2008 stocks have ...
Private equity titans open cloistered world to smaller investors
October 21st, 2014
Seeing individual investors as untapped sources of capital, private equity firms are seeking to attract checks in the tens of thousands of dollars rather than in the hundreds of millions. For decades, David M. Rubenstein has persuaded big institutions ...
Scandal Over Brazilian Oil Company Adds Turmoil to the Presidential Race
October 20th, 2014
President Dilma Rousseff is in a tough fight for the Oct. 26 election after a former executive at Petrobras took a plea bargain and testified that her party had benefited from a bribery scheme. Paulo Roberto Costa was living ...
Bloc in Europe Starts to Balk Over Austerity
October 17th, 2014
France, Italy and the European Central Bank have coalesced into a bloc against Chancellor Angela Merkel of Germany, and they are insisting that Berlin change course. With Europe once again rattling global markets, many of the largest European countries ...
IronFX was granted enhanced Financial Conduct Authority (FCA) licence
October 15th, 2014
IronFX Global UK Ltd was granted with an enhanced Financial Conduct Authority (FCA) licence. The enhanced permission will allow IronFX Global UK to deal as principle and agent in investments as well as to hold client funds. With this ...
Five reasons oil prices are dropping
October 14th, 2014
As oil prices continue to fall, analysts and producers are trying to wrap their heads around the reasons and identify a floor price. Even though crude benchmarks like Brent and WTI keep dropping, the cost of finding oil continues ...
The Age of Vulnerability
October 13th, 2014
Two new studies show, once again, the magnitude of the inequality problem plaguing the United States. The first, the US Census Bureau’s annual income and poverty report, shows that, despite the economy’s supposed recovery from the Great Recession, ordinary ...
Venezuela ordered to pay $1.6 billion to Exxon
October 10th, 2014
International arbitration panel rules against South American nation in oil project complaint. An international arbitration panel has ordered Venezuela’s socialist government to pay $1.6 billion to ExxonMobil for the seizure of a major oil project in the South American ...
