Search Results for: NEX Group
Currency Carry Trades Rise in ECB’s Negative-Rate World
June 10th, 2014
Mario Draghi is becoming one of currency traders’ only friends. With the $5.3 trillion-a-day foreign-exchange market poised to deliver its worst first-half returns on record, the carry trade is about the only way traders are making money by exploiting ...
Facebook Approves Dogecoin Tipping App
June 6th, 2014
Facebook has approved a cryptocurrency tipping app for the first time, and it’s surprisingly not Bitcoin’s. On June 5, 2014, Alejandro Caballero, developer of The Doge Tipping App posted an excited announcement on Reddit’s Dogecoin section. Facebook approves The ...
Goldman Sachs Bolsters Asia Mergers Team Amid Rising Volumes
June 5th, 2014
Goldman Sachs (GS.N) has named John Kim as its new head of mergers and acquisitions (M&A) for Asia ex-Japan and will relocate Christos Tomaras from London to join that team, amid surging deal volumes in the region. Kim takes ...
Fed may shun global risk rules banks spent billions to meet
June 4th, 2014
The Federal Reserve may scrap international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars retooling their books to meet global standards. Fed officials are concerned that ...
ECB to lead revamp of global FX codes of conduct
June 3rd, 2014
The European Central Bank has been given the lead role in work to strengthen codes of conduct for currency markets, expected to be one of the main areas highlighted in a report from global regulators due within weeks. Banking ...
Juniper, Nintendo, ‘Geaux,’ Google: Intellectual Property
June 2nd, 2014
Juniper Networks Inc. (JNPR)’s 2011 infringement case against Palo Alto Networks Inc. involving Internet security systems has been settled, according to a May 28 court filing. In the initial complaint, Sunnyvale, California-based Juniper had accused Palo Alto Networks of ...
Obama aims to suggest cuts to Power-Plant Emissions
June 2nd, 2014
President Barack Obama will propose cutting greenhouse-gas emissions from the nation’s power plants by an average of 30 percent from 2005 levels, a key part of his plan to fight climate change that also carries political risks. The proposal ...
Can This Be Good? China Looks To Build Out Risky Derivatives Market
June 2nd, 2014
The asset backed securities that sunk the U.S. economy, namely the complicated financial products known as mortgage backed securities, is a market China wants to consider opening up to…Americans. Well, not just Americans, but any multinational investment bank with ...
Market Chatter- Corporate finance press digest
June 2nd, 2014
The following corporate finance-related stories were reported by media: * Japanese insurer Dai-ichi Life Co is in advanced talks to buy Protective Life Corp of the United States in a deal that could be worth over $5 billion, a ...
New revenue guidance: Six things to consider
May 30th, 2014
The release Wednesday of a long-awaited new revenue recognition standard had financial statement preparers settling in to read hundreds of pages of text, as standard-setters celebrated the achievement of producing that text. Members of the US Financial Accounting Standards ...
