Biggest Global Banks Go to Pieces Under Pressure From Regulators
February 27th, 2015
Global regulators have issued dozens of rules aimed at making the biggest banks safer. That’s leading to another result some wanted: making them shrink. HSBC Holdings Plc, Europe’s biggest bank by market value, said this week it’s considering “extreme ...
Greek goverment raises concern over payment to IMF in March
February 27th, 2015
The Euro Working Group discussed Greece’s imminent funding problems on Thursday amid mounting concern about how the country will meet its obligations next months. Earlier in the day, Minister of State for Coordinating Government Operations Alekos Flambouraris suggested that ...
Events – Conferences – Seminars
February 26th, 2015
Stay updated with coming Live Events, Conferences and Seminars for Forex Market, Accounting, Legal Banking and in general on Business, Finance and Investments
EU unveils plans for historic single energy market
February 26th, 2015
The EU unveiled plans Wednesday for a continent-wide single energy market to reduce its uneasy reliance on Russian supplies and cut a massive annual import bill of some 400 billion euros. The proposals by the European Commission, the executive ...
Swiss Banks Try to Keep Italian Clients After Tax Deal Is Signed
February 26th, 2015
Swiss asset managers, faced with the prospect of an exodus of Italian funds, have won a reprieve. An agreement to share tax information among the two nations signed Monday means Italy will remove Switzerland from a black list, enabling ...
Russia’s Gazprom threatens to cut off gas to Ukraine, Europe
February 25th, 2015
Russia’s state-owned gas giant Gazprom warned Tuesday it could cut off gas deliveries to Ukraine within two days, upping the stakes in the crisis there — and threatening supplies to the rest of Europe. The Gazprom announcement came hours ...
Greece submits proposed reforms in bid for loan extension
February 24th, 2015
Greece has submitted a list of reform proposals to its bailout creditors, the European Commission says. The list was received “on time” before a Monday deadline, a spokesman tweeted. The measures include combating tax evasion and tackling the smuggling ...
International and regional bodies that combat money laundering (Part A)
February 24th, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
Big Banks Face Scrutiny Over Pricing of Metals
February 24th, 2015
U.S. Justice Department investigates price-setting process for gold, silver, platinum and palladium U.S. officials are investigating at least 10 major banks for possible rigging of precious-metals markets, even though European regulators dropped a similar probe after finding no evidence ...
Greece: We’ll fight on against austerity – Interview with FM Varoufakis
February 24th, 2015
Greece’s leftist government will implement all policies promised during the recent election campaign, Finance Minister Yanis Varoufakis said Monday. Speaking to CNN’s Christiane Amanpour, he said the battle to “recalibrate the austerity” imposed on Greece by its international creditors ...
