Search Results for: Banks
Global Selloff Deepens as Stocks Sink With Oil
August 24th, 2015
Equity investors took flight across Asia, sending the region’s benchmark stock gauge toward a bear market and Chinese stocks plunging by the most since 2007 as U.S. futures tumbled. Ten-year Treasury yields dropped below 2 percent. China’s Shanghai Composite ...
China chooses her weapons
August 22nd, 2015
China’s recent mini-devaluations had less to do with her mounting economic challenges, and more to do with a statement from the IMF on 4 August, that it was proposing to defer the decision to include the yuan in the ...
Law firms given platform to share cyber threat information
August 21st, 2015
Over 180 law firms including Davis Polk & Wardwell have applied to join the platform, which will be known as the Legal Services Information Sharing and Analysis Organization. The organisation will run in parallel to the Financial Services Information ...
Broker commissions on ASIC’s radar
August 21st, 2015
The corporate watchdog has identified the possibility that brokers could be driven by commission to recommend bigger mortgages to borrowers. Speaking at the release of a report on interest-only loans yesterday, ASIC deputy chair Peter Kell said that while ...
Fatca law: Taking the IRS to Court
August 21st, 2015
The 2010 Fatca law has made many Americans unbankable overseas. Nancy Pelosi famously said Congress had to pass ObamaCare so Americans could learn what was in it, but that rule applies to other regulatory monsters too. Take Fatca, the ...
Russia, China to Create Entirely Different Gold Market
August 20th, 2015
While key Western banks are artificially restraining gold prices to breathe life into the diluted and devalued dollar system, Russia, China and other emerging economies are involved in “the genial move” to establish an entirely different gold market, F. ...
Why Are So Many People Freaking Out About A Stock Market Crash In The Fall Of 2015?
August 20th, 2015
Is the stock market going to crash by the end of 2015? Of course stock market crashes are already happening in 23 different nations around the planet, but most Americans don’t really care about those markets. The truth is ...
Investors launch legal battle over alleged £50m fund fraud run by Capital World Markets
August 20th, 2015
Victims of an alleged £50 million fund fraud have taken legal action in a bid to get their money back, according to The Times. The class action sheds light on money flows from the CWM fund, which promised investors ...
Plus500 informs on its acquisition by Playtech, Withholding Tax and Settlement Update
August 20th, 2015
Following the latest announcement by Playtech to inform regarding the Resolution to approve the acquisition of Plus500 Ltd issued on 19th August 2015, Plus500 has issued a press release to inform that is pleased that the Merger has now received ...
China’s devaluation may be bad news for FX industry
August 19th, 2015
China’s currency devaluation should give a shot in the arm to global foreign exchange volumes as traders take advantage of and protect themselves against the surprise surge in volatility, but its longer-term impact on market activity may not be ...
