Search Results for: MoU
Europe Fears Banks Lack Cash Cushion to Cover Bad Loans
August 25th, 2014
As Europe slogs through its latest round of bank stress tests, a growing number of analysts have already reached their own conclusion: Eurozone banks need additional cash. The E.C.B. will publish the results of its half-year investigation into Europe’s ...
BofA Tax Set-Aside and Wylys Penalty
August 25th, 2014
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt — a step taken by the Justice Department to give homeowners relief that ...
Australia 200 – Eases Away From Six Year High
August 25th, 2014
Australia 200 for Monday, August 25, 2014 The Australian 200 Index has finally been able to surge higher to a new six year high around 5650 late last week before easing off to finish out the week. In doing ...
Dollar flatlines ahead of Yellen, Draghi at Jackson Hole
August 22nd, 2014
The dollar was steady on Friday after its strongest weekly run since March and world stocks were near all-time highs as markets waited for steers from the Federal Reserve and ECB on diverging policy plans. European shares .FTEU3 opened ...
Keeping the accountants accountable
August 22nd, 2014
Tax avoidance is always a hot topic, never more so than with the recent stream of famous individuals involved in the Liberty scheme. The fact that some of these 1,600 stars risk bankruptcy highlights just how serious these cases ...
Australia 200 – Consolidates Below 5650 after Six Year High
August 22nd, 2014
Australia 200 for Friday, August 22, 2014 The Australian 200 Index has finally been able to surge higher to a new six year high around 5650 a couple of days ago before easing off in the last 24 hours ...
G20 towards deal on ‘bail-in’ bond cushion for banks
August 21st, 2014
Government leaders are expected to agree in November that the world’s top banks must issue special bonds to increase the amount of capital which can be tapped in a crisis instead of calling on taxpayers to come to the ...
Why Bitcoin won’t be the money of the future – but cryptocurrencies might be
August 21st, 2014
Proponents of Bitcoin like to suggest that it will be the money of the future. Critics point to its price volatility, evidence of a Bitcoin bubble and other problems. With the price of Bitcoin having just fallen below $500 ...
Technical Analysis EUR/USD heads towards 1.31
August 21st, 2014
Technical Analysis EUR/USD for August 21, 2014 Pair’s Outlook Despite toughness of the demand area around 1.33 and ‘buy’ signals on the monthly chart, the bears continued to push the price lower. The currency pair has already closed beneath ...
ASIC publishes supervision report
August 21st, 2014
The Australian regulator in its effort to enforce regulation has published its eighth report on market supervision to inform firms on compliance procedures. ASIC has published its eighth report on the supervision and surveillance of Australian financial markets and ...