Search Results for: ICE
Bank of America Hit With $1.3 Billion Penalty for Mortgage Fraud
July 31st, 2014
Bank of America was hit with almost $1.3 billion in civil penalties Wednesday for a housing meltdown scam run by a subsidiary that a jury found intentionally sold bad mortgages to Freddie Mac and Fannie Mae. Bank of America ...
Brent slips toward $106 as fuel demand disappoints
July 31st, 2014
Brent crude slipped towards $106 a barrel on Thursday and was set to post its biggest monthly loss in more than a year as higher OPEC output and disappointing demand in the United States outweighed tensions in the Middle ...
Australia 200 – Surges Through 5600 to New High
July 31st, 2014
Australia 200 for Thursday, July 31, 2014 The Australia 200 Index is presently on quite a roll as it has enjoyed a solid three week period which has seen it move strongly up through both the 5500 and 5550 ...
Technical Analysis AUD/USD – Drops to Seven Week Low Near 0.9300
July 31st, 2014
Technical Analysis AUD/USD for Thursday, July 31, 2014 The Australian dollar is presently trying to rally and stay above the support level at 0.9300 after its sharp fall in recent hours which saw it move from near 0.9400 down ...
Banco Espírito Santo reports a loss of €3.6 Billion
July 31st, 2014
Banco Espírito Santo on Wednesday reported a first-half loss of €3.58 billion (or $4.8 billion), the largest ever for a Portuguese institution, wiping out the bank’s €2.1 billion capital cushion and forcing it to raise new funding. The loss ...
New York Governor involved in BNP deal to get $1 billion more for NY state fund
July 31st, 2014
Only days before U.S. authorities reached a landmark $8.97 billion settlement with BNP Paribas over the bank’s dealings with countries subject to U.S. sanctions, New York Governor Andrew Cuomo intervened to ensure the state government got a much bigger ...
The S&P 500 becomes S&P 502
July 31st, 2014
S&P 502. It just doesn’t found right. Yet, another unorthodox dividend is causing the benchmark Standard & Poor’s 500 index to balloon to include 502 stocks. Media firm Discovery Communications is paying investors one share of its Class C ...
Russians worry over the growing sanctions from the West
July 31st, 2014
Russia confronts the biggest sanctions from the West since the Ukrainian crisis erupted and has therefore adopted a nonchalant public stance, with President Vladimir V. Putin emphasizing the importance of self-reliance and a new poll released Tuesday indicating a ...
FCA warning against unauthorised firms
July 30th, 2014
The Financial Conduct Authority (FCA), the British financial regulator, has issued a warning informing the investors that “Eden & Bracha Ltd” (http://www.edenandbracha.co.uk) and “Krypton Studios” (www.kryptonstudios.co.uk) are not permitted to provide any financial services or products. FCA points out that ...
FMA and SFO sign MOU to improve agency cooperation
July 30th, 2014
The Financial Markets Authority, has announced a cooperation with the Serious Fraud Office iby signing a Memorandum of Understanding. In this way, both regulators continue their efficient action against unauthorised firms. Police Minister Anne Tolley and Commerce Minister Craig ...
