Search Results for: CIF
Credit Suisse Profit More Than Doubles as Trading Rises
October 23rd, 2014
Credit Suisse Group AG (CSGN), Switzerland’s second-biggest bank, reported an increase in third-quarter profit driven by a surge in revenue at the investment bank, while earnings in other businesses fell. The group’s net income jumped to 1.03 billion Swiss ...
Six Federal Agencies Jointly Approve Final Risk Retention Rule
October 23rd, 2014
Six federal agencies, namely the Board of Governors of the Federal Reserve System, the Department of Housing and Urban Development, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the Office of Comptroller of the Currency and the Securities and Exchange Commission have ...
Bank of Canada maintains overnight rate target at 1 per cent
October 22nd, 2014
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Inflation in ...
Asian shares bask in glow of U.S. tech earnings
October 22nd, 2014
Asian shares rose on Wednesday as upbeat results from two U.S. technology bellwethers and hopes of fresh stimulus from the European Central Bank offset concerns about the outlook for the global economy. MSCI’s broadest index of Asia-Pacific shares outside ...
China must accelerate reforms: World Bank chief
October 21st, 2014
China needs to accelerate reforms and not rely solely on monetary and fiscal policy to drive growth, a top World Bank official said on Tuesday. “I would recommend not really relying more on their macro policy, specifically on the ...
CySec: Directive regarding Tied Agents
October 21st, 2014
The Cyprus Securities and Exchange Commission (CySec) issued an announcement informing those market participants concerned, that, on October 17th 2014, Directive “DI144- 2007-13 of the Cyprus Securities and Exchange Commission in relation to Tied Agents”, was published in the Official Gazette ...
Asia stocks halt selling as U.S. data calm investor nerves
October 17th, 2014
Asian stocks clawed back some of this week’s losses on Friday after a solid set of U.S. data calmed turbulence in global financial markets, though underlying worries about slowing world economic growth kept investors on edge. MSCI’s broadest index ...
Australia 200 – Bounces Strongly Off Support at 5100
October 15th, 2014
Australia 200 for Wednesday, October 15, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Canada To Implement 2014 Budget Tax Provisions
October 15th, 2014
The Canadian Government has tabled a detailed Notice of Ways and Means Motion to implement tax provisions contained in its 2014 Budget, along with a number of previously unannounced measures. Finance Minister Joe Oliver said: “Canada’s Economic Action Plan ...
In Court, Lawyer Calls E.C.B. Bond Plan ‘an Egregious Extension’ of Powers
October 14th, 2014
In legal news, Europe’s highest appeals court began hearing arguments on Tuesday morning on a suit that aims to block a European Central Bank bond-buying program that has never been deployed — but whose mere announcement two years ago ...
