Search Results for: European Banks
Commerzbank, Deutsche Bank Shares Rise on Report of Potential Merger
August 31st, 2016
Shares in Commerzbank (CRZBY) and Deutsche Bank (DB) rose on Wednesday after Manager Magazin reported news of a potential merger of Germany’s two leading lenders. The weekly news publication said Deutsche Bank is “moving towards until now unthinkable options with ...
Fed’s Dislike of Negative Interest Rates Points to Limits of Stimulus Measures
August 29th, 2016
Federal Reserve officials are content to watch others’ experience of negative rates from a distance Federal Reserve officials are turning a cold shoulder to a controversial idea being tried in Japan and much of Europe to boost anemic economies: ...
Rabobank staff paid settlements for manipulating Euribor interest rates
August 18th, 2016
Four Rabobank staff and one former colleague have paid settlements of up to €3,000 for their role in manipulating internal interest rates. Three of the four workers held senior positions at the bank, the Financieele Dagblad reported. It is ...
German Deutsche Bank faced threat of bankruptcy
July 11th, 2016
Three years ago, there were reports about bankruptcy of Deutsche Bank, which is managing SOFAZ assets. This is caused by too much unsecured derivatives in the balance of the bank. Now, International Bank of Azerbaijan has started to speak ...
Brexit, the E.U. and the “Special Relationship” of the U.S./U.K.
June 30th, 2016
Any clique in the E.U. that thinks the U.S. will sit idly by while they “punish” the U.K. had better recalibrate their core interests and the potential for blowback. One constant in a fast-shifting global chess board is the ...
Most Asia markets end higher as region weathers a global rout after Brexit vote
June 28th, 2016
Most Asian markets closed higher on Tuesday, managing to hold up better than global peers amid a rout that wiped out as much as $3 trillion of market capitalization, according to data from S&P Global, in the wake of the ...
Brexit is getting the blame
June 17th, 2016
Brexit is not the most important problem facing markets, it is mounting problems in the European banks. But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before ...
Saudi Arabia Has a Plan B to Try to Stop Iran’s Economic Rise
May 26th, 2016
The kingdom is mobilizing its Gulf allies to make sure that Iran’s opening-up to the global economy doesn’t go smoothly. Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to ...
Lifting sanctions on Iran opens up business opportunities
May 9th, 2016
Economic sanctions have cost Iran an estimated $120 billion (€105 billion) since 2012, primarily in lost oil and gas revenues. That equates to about 30 per cent of the economy of the second-largest country in the Middle East after ...
Israeli police collaborate with French regulator; 15 FX company directors under criminal investigation
April 20th, 2016
4XP, BForex, Sisma Capital, Tradaxa and Aston Invest involved in a massive scam operation that took an average of €210,000 from each victim The world of Forex and Binary Options scams in Israel is being dragged out by a ...
