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Wall Street Fights for Our Right to Pay 5% Fund Fees

June 6th, 2014 (0)
One of Wall Street’s chief lobbyists wants you to know that the financial industry has changed, a lot, since the financial crisis. The industry “has already fundamentally reshaped itself into one that is safer, sounder and more resilient,” Ken ...

High-Speed Trading Rules Coming From SEC

June 6th, 2014 (0)
U.S. Securities and Exchange Commission Chair Mary Jo White unveiled the regulator’s most sweeping plan yet for reining in high-frequency trading and monitoring dark pools and other secretive trading practices in the world’s largest equity market. Proprietary traders who ...

Sprint and T-Mobile near a deal

June 5th, 2014 (0)
Sprint Corp. (S) is nearing an agreement on the price, capital structure and termination fee of an acquisition for T-Mobile US Inc. (TMUS) that could value the wireless carrier at almost $40 a share, people with knowledge of the ...

Little Change for U.S. Stock-Index Futures Before ECB

June 5th, 2014 (0)
U.S. stock-index futures remained relatively unchanged, after equities climbed to a record, while investors awaited the European Central Bank’s decision on stimulus today and the monthly jobs report tomorrow. Sprint Corp. advanced 4.2 percent in German trading after people ...

China’s Yuan edges lower on Dollar demand for dividend payments

June 4th, 2014 (0)
China’s yuan weakened marginally against the dollar on Wednesday as overseas-listed Chinese companies bought dollars to pay interim dividends, traders said. Spot yuan stood at 6.2552 per dollar at midday, easing 0.02 per cent from Tuesday’s close as the ...

Singapore follows China With Dangerous Debt Level

June 4th, 2014 (0)
Singapore companies’ indebtedness has swelled to the most in Asia after China and India as the city-state’s economic growth slows, according to GMT Research Ltd. Leverage among the Southeast Asian nation’s corporates is following counterparts in the two larger ...

Fed may shun global risk rules banks spent billions to meet

June 4th, 2014 (0)
The Federal Reserve may scrap international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars retooling their books to meet global standards. Fed officials are concerned that ...

All you need to Know about CySec’s Exams 2014 – Analysis by GP GLOBAL LTD

June 3rd, 2014 (1)
All you need to Know about CySec’s Exams 2014 – Analysis by GP GLOBAL LTD When will the Cyprus Securities and Exchange Commission (CySEC) Exams 2014 take place? According to a recent press release issued by the Commission, the certification exams ...

Dow, S&P end at records; Apple, Google drag on Nasdaq

June 3rd, 2014 (0)
The Dow and the S&P 500 finished at record highs again on Monday after a closely watched read on U.S. manufacturing was revised to show more strength than initially indicated. Industrials and material stocks were among the day’s biggest ...

Pimco’s ‘Bond King’ suffers 13th month of outflows at Total Return Fund

June 3rd, 2014 (0)
Bill Gross’ Pimco Total Return Fund, the world’s largest bond fund, posted $4.3 billion in net outflows in May, marking its 13th straight month of investor withdrawals despite achieving its best performance in four months, Morningstar data showed on ...
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