Search Results for: Global banks
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 ...
Are Conditions Setting The Market Up For A Summer Washout?
February 24th, 2015
Here is what we can quite confidently depend on. The stock market makes most of its gains each year in a favorable period of November to May, and if there is a serious correction it usually takes place between ...
Investors Still Don’t Think Greece Will Exit the Euro
February 20th, 2015
As Greece heads toward 11th-hour funding talks with its euro-area membership on the line, bondholders are surprisingly sanguine about its failure so far to secure a deal. Forget the strategists at Commerzbank AG who say there’s a 50 percent ...
Finsphere Appoints Deanna Oppenheimer as a Strategic Adviser
February 19th, 2015
Former WAMU and Barclays retail banking executive leads CameoWorks consultancy Finsphere Corporation, a leader in mobile identity-authentication services, said today it has appointed Deanna Oppenheimer, founder and CEO of the Seattle-based global consultancy CameoWorks, as a strategic adviser to ...
Fed Tiptoes Into Rate-Hike Debate
February 19th, 2015
Minutes of latest policy meeting show central bankers discussing when and how to raise interest rates from near zero The Federal Reserve’s debate about raising short-term interest rates is heating up. At their Jan. 27-28 policy meeting, officials heard ...
Asia shares rise on reduced Greek pessimism, dollar firm
February 18th, 2015
Asian equities rose on Wednesday as pessimism over the Greek debt saga receded somewhat, while the dollar held firm against the yen after spiking up on higher U.S. debt yields. Equities in Europe were also expected to gain. Spreadbetters ...
Indonesia Stocks Rise to Record as Rupiah Falls After Rate Cut
February 18th, 2015
Indonesian stocks headed toward a record close and government bonds advanced, while the rupiah fell, after the central bank unexpectedly cut borrowing costs. The benchmark rate was lowered to 7.5 percent from 7.75 percent after local markets closed Tuesday, ...
Is Gold’s Pullback Another Buying Opportunity?
February 17th, 2015
There are reasons in the technical charts, in the fundamentals, and in investor sentiment, to believe gold is ready for at least a tradable bear market rally. In a January column, I noted that gold plunged 48% from its ...
Riksbank cuts repo rate to −0.10 per cent, buys government bonds for SEK 10 billion and is prepared to do more at short notice
February 13th, 2015
There are signs that underlying inflation has bottomed out, but the situation abroad is now more uncertain and this increases the risk that inflation will not rise sufficiently fast. The Executive Board of the Riksbank has therefore decided to ...
Earthport Appoints New President for Europe
February 12th, 2015
Daniel Marovitz will lead the cross-border payment company’s European business Earthport, the cross-border payments service provider has appointed web entrepreneur and banker Daniel Marovitz as President of Europe, effective immediately. Daniel is responsible for the company’s European commercial operations, ...
