Search Results for: ELA
Lloyds sells 50% of TSB to Spain’s Sabadell bank
March 20th, 2015
Catalan bank buying TSB for £1.7bn is one of few banks to emerge stronger from financial crisis in Spain TSB has agreed a £1.7bn takeover by Spain’s Banco de Sabadell, with Lloyds Banking Group selling its 50% stake in the UK ...
FXCM update regarding its Negative Balance Policy
March 20th, 2015
Forex Capital Markets Limited (FXCM UK), today announced that it will be updating its Negative Balance Policy for new and existing clients in the near future. Existing clients should expect to receive more details about the updated policy in ...
Greece to draft new reform plan within days – EU leaders
March 20th, 2015
EU leaders say Greece has agreed to come up with a new reform plan within days to secure the additional bailout funds required to prevent bankruptcy. The development came after marathon talks between Greek PM Alexis Tsipras, German Chancellor ...
Asia stocks stall as Fed-inspired lift peters out, dollar steady
March 20th, 2015
Asian stocks stalled on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged down 0.1 ...
Oil Slump Extends to a Fifth Week as Global Glut Seen Expanding
March 20th, 2015
Oil trading near the lowest price in six years is headed for a fifth weekly drop amid signs the global supply glut is worsening. Futures were little changed in New York after falling for the seventh time in eight ...
Dollar fights back after fall on Fed; Norwegian crown soars
March 19th, 2015
* Greenback higher vs euro after biggest fall in six years * Norwegian crown soars after rates kept on hold * Fed’s statement far less hawkish than market expected The dollar fought back across the board on Thursday after ...
European Commission unveils draft legislation to tackle corporate tax avoidance
March 19th, 2015
The European Commission today presented a package of tax transparency measures as part of its ambitious agenda to tackle corporate tax avoidance and harmful tax competition in the EU. A key element of this Tax Transparency Package is a proposal to ...
Predicting the Future With Russia’s Economic Nostradamus, Mikhail Dmitriyev
March 19th, 2015
Mikhail Dmitriyev, president of the New Economic Growth consultancy, is often described as “Russia’s top brain.” He studied in Leningrad in the ’80s and took part in economics discussion clubs with the people who transformed Russia into a market economy, including Anatoly Chubais, the architect of Russia’s privatization ...
Federal Reserve modifies stance on low interest rates
March 19th, 2015
The US Federal Reserve has modified its stance on interest rates, which have been kept at a record low of 0% since the financial crisis in 2008. It removed the word “patience” from its regular statement. The language was seen as ...
CySec warning about a Cyprus Investment Firm
March 19th, 2015
The Cyprus Securities and Exchange Commission (CySec) wishes to inform the investors about the company ‘P.M. Investment Capital Ltd’ (‘P.M.’): P.M. is authorised (no. 243/14) by CySEC to provide investment services in relation to financial instruments but is not allowed, ...
