Search Results for: Big Four
Big Companies, Huge Problems
January 28th, 2016
Apple is far from the only iconic US company that’s signaling a global slowdown. Three more are in the news today: “Caterpillar warns equipment sales still falling (CNBC) – Caterpillar saw retail sales of machinery fall 16 ...
Goldman Sachs:2015 Annual and Fourth Quarter Results
January 21st, 2016
Bank’s trading revenue drops 9%, while investment banking is a bright spot Goldman Sachs Group Inc. predicted that this month’s stock-market swoon wouldn’t derail a merger boom that proved one of the bright spots in a lackluster quarter for the Wall ...
UBS:Developed economies likely to benefit while emerging economies likely to suffer in Fourth Industrial Revolution
January 20th, 2016
A new UBS white paper unveiled at the World Economic Forum`s Annual Meeting reveals that economic flexibility is vital to succeeding in 2016 and beyond. Fourth Industrial Revolution being driven by extreme automation and connectivity Low and middle-skilled jobs ...
Four London-based traders are being investigated by DoJ for possible manipulation
January 7th, 2016
DoJ investigates bond traders over market-rigging “What is Bond: A name for debt which is issued for a specified period of time. Depending the terms of the Bond, the issuer owes the holder/s a debt, and is obliged to pay ...
Who Will Be The Biggest Robo-Advisors?
November 26th, 2015
Who will be the largest players in robo-advice? It’s not who you are thinking–venture cap-funded firms like Betterment and Wealthfront, says Chip Roame, managing partner and founder of consulting and research firm Tiburon Strategic Advisors. No, the biggest robos ...
Portugal Is Potentially A Very Big Deal
November 11th, 2015
Portugal has entered a phase change, with potentially huge ramifications. After handing a parliamentary majority to a coalition of leftist (i.e., anti-austerity, anti-euro, anti-NATO) parties, and then trying to prevent them forming a government, the country now looks likely ...
‘Too big to fail’ Chinese banks face $400 billion capital call
November 11th, 2015
China‘s four biggest banks may have to raise up to $400 billion to meet new global capital rules, an onerous task that could pressure them to slow down lending at a time when Beijing wants them to help prop ...
Morgan Stanley’s trading rout sets grim tone for fourth quarter
October 20th, 2015
Morgan Stanley on Monday warned that there was little hope for a quick turnaround in its key trading business given the persistence of global growth concerns that helped pummel the bank’s third quarter earnings. Chief Executive James Gorman was ...
The president of China’s biggest brokerage is under investigation
September 16th, 2015
The president of China’s largest brokerage has been caught in Beijing’s widening probe of insider trading. Cheng Boming, the president of Citic Securities, is being investigated for “insider dealing and leaking inside information,” the company said in a stock ...
Gold holds near four-week low on india’s bullion plan before fed
September 11th, 2015
India’s government on Wednesday approved a gold monetisation plan and sale of sovereign bonds by the Reserve Bank of India Gold held near a four-week low on concern that India will reduce bullion imports and as US jobs data ...