Search Results for: IG Group
Blackstone to pull out of Russia
September 22nd, 2014
US private equity group Blackstone is “giving up on Russia”, highlighting how even well-connected western investors are shying away from doing business in the country. The New York-based buyout group has been frustrated in its attempts to find deals ...
ECB May Not Need to Add Stimulus
September 22nd, 2014
The European Central Bank may not need to add stimulus measures after steps in the past three months pushed down the euro, said Governing Council member Ignazio Visco. “Inflation expectations have to be back where they were,” Visco said ...
Modi’s $53 Billion Xi-Abe Windfall Hinges on Red Tape War
September 19th, 2014
A bear hug, a riverfront stroll and a swing-set session helped Prime Minister Narendra Modi win more than $53 billion in loans and investment pledges from China and Japan this month. Chinese President Xi Jinping yesterday in New Delhi ...
Alibaba prices IPO at $68 a share ahead of New York stock flotation
September 19th, 2014
Early investors in Chinese online giant Alibaba are set to sell $8bn worth of shares Friday morning, escaping the “lockup” that usually requires them to hold their shares for several months. The disclosure, first reported by the Wall Street ...
SEC probing Goldman Sachs internship
September 19th, 2014
U.S. regulators are investigating a Goldman Sachs Group Inc (GS.N) internship for the brother of a former official at Libya’s sovereign wealth fund and perks allegedly offered by the bank to the fund, the Wall Street Journal reported on ...
BNP Paribas hires ex-U.S.Treasury official for compliance job
September 19th, 2014
BNP Paribas (BNPP.PA) has hired a former top official at the U.S. Treasury Department’s sanctions office, people familiar with the matter said, part of the French bank’s effort to build up its compliance department after its record settlement over ...
Use of euro-renminbi options surges
September 18th, 2014
Rising renminbi trade settlement and a sliding euro are fuelling a surge in hedging between the two currencies both by multinationals and investors. Daily trading volume in euro-renminbi options has risen from about €100m at the start of the ...
CySec: Council regulations over Ukraine
September 18th, 2014
The Cyprus Securities and Exchange Commission (CySec) informs the Cyprus Investment Firms, Management Companies, Administrative Services Companies and Regulated Markets (‘the Regulated Entities’) about the publication in the Official Journal of the European Union the following: 1. Council Regulation (EU) No.959/2014 of ...
IMF reports over Growing Risk in Global Economy
September 18th, 2014
The global economy faces a growing risk from big financial market bets that could quickly unravel if investors get spooked by geopolitical tensions or a shift in U.S. interest rate policy, the International Monetary Fund said on Wednesday. The ...
West TX Oil Eases Below $95 on Stock Build
September 17th, 2014
Brent crude steadied below $99 per barrel on Wednesday, after staging its steepest climb in two weeks in the previous session, on hopes the Organization of the Petroleum Exporting Countries (OPEC) will cut output and reduce a global supply ...
