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Turnover at Deutsche Börse’s cash markets at 162.6 billion euros in March

April 2nd, 2015 (0)
Deutsche Börse: Order book turnover on Xetra, Börse Frankfurt and Tradegate Exchange across all asset classes stood at €162.6 billion in March (March 2014: €120.2 billion). Of the €162.6 billion, €146.8 billion were attributable to Xetra (March 2014: €110.1 billion). ...

EU Lays Groundwork for Antitrust Charges Against Google

April 2nd, 2015 (0)
Regulator seeks permission to publish complaints against Internet giant in long-running probe Europe’s competition regulator is preparing to move against Google Inc. in the next few weeks, a person familiar with the matter said Wednesday, setting the stage for charges against the ...

We’re All Hedge Funds Now, Part 2: Tech Startups and Nigerian Bonds

March 27th, 2015 (0)
Watching formerly risk-averse investors adapt to a negative interest rate world is almost as much fun as watching Europe try to keep Greece and Germany in the same financial family. In each case, success depends on all the parties ...

France cuts 2015 deficit target, eyes economic recovery

March 26th, 2015 (0)
France cut its budget deficit target for this year on Thursday and said economic growth could beat the government’s 1 percent forecast, after reporting a smaller-than-expected fiscal gap for 2014. Finance Minister Michel Sapin said France, which has repeatedly missed its ...

Russia Deposit Fight Sees Foreign Banks Seeking New Clients

March 19th, 2015 (0)
Oksana Semenikhina, a customer of Citigroup Inc.’s Russian unit for the past decade, got an offer from the lender this year that she couldn’t pass up. “They offered to open a ruble term deposit for me at 9 percent ...

Debunking $1.4 Trillion Europe Debt Myth in Post-Heta Age

March 17th, 2015 (0)
Austria’s decision to burn bondholders of a failed state bank may mean almost 1.3 trillion euros ($1.4 trillion) of European debt once deemed risk-free now comes with a hazard warning. Austria is the first country to wind down a ...

ECB Warns Cyprus as Government Pushes for Georghadji’s Dismissal

March 16th, 2015 (0)
The European Central Bank warned Cypriot President Nicos Anastasiades to respect central-bank independence after the country’s government started proceedings to dismiss Governor Chrystalla Georghadji. A year after previous Cypriot central-bank chief Panicos Demetriades resigned his post following months of ...

Cyprus pulls back from abyss after traumatic bailout

March 16th, 2015 (0)
Two years after its failing banks nearly pushed cash-strapped Cyprus over the edge, sending shockwaves through the eurozone, the country has pulled back from the abyss, saved by painful austerity and a multi-billion euro rescue package. Indeed, Finance Minister ...

Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit

March 16th, 2015 (0)
Investors include KKR, Deutsche Bank, Värde Partners, in one of biggest deals in Asia-Pacific this year In one of the biggest deals in the Asia-Pacific region so far this year,General Electric Co. agreed to sell the consumer-lending business of GE Capital ...

Strongest Dollar in 12 Years Sinks Stocks While Oil Slips

March 11th, 2015 (0)
The strongest dollar in nearly 12 years versus the euro and the specter of higher U.S. interest rates fueled a selloff in global equities that sent the Standard & Poor’s 500 Index down the most since Jan. 5. Oil ...
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