Search Results for: PRA
Plus500: AGM Trading Update and Statement
May 27th, 2015
Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces the following trading update, in advance of its AGM being held later today. Trading update Group Summary · Year to date revenues of $107.9m are ...
Varoufakis fuels confusion over reforms as Juncker questions his role
May 27th, 2015
As Greece’s negotiations with its creditors enter the most critical phase, the country’s finance minister created fresh confusion on Tuesday with statements regarding possible tax reforms which were almost immediately revoked. Meanwhile, fuelling speculation about how much longer Varoufakis ...
Binary options – potential changes in regulation
May 26th, 2015
Binary options allow consumers to speculate on the short term movement in price of financial instruments such as shares. Find out how the FCA may start regulating them. The FCA does not currently regulate binary options You do not ...
The Earned Income Tax Credit
May 26th, 2015
The single largest federal program for providing cash assistance to those with low incomes is the Earned Income Tax Credit, which in 2014 reduced taxes owed by the working poor by about $3.6 billion while transferring to those households ...
Debt talks resume amid concerns over differences, looming repayment, political upheaval
May 26th, 2015
Government officials on Monday expressed confidence that Greece was close to a deal with creditors that would allow loans to be unlocked but pressure is growing on Prime Minister Alexis Tsipras from abroad and on the domestic front. The ...
Federal Reserve proposes adding certain investment grade general obligation state and local municipal bonds
May 25th, 2015
The Federal Reserve Board on Thursday proposed adding certain general obligation state and municipal bonds to the range of assets a banking organization may use to satisfy regulatory requirements designed to ensure that large banking organizations have the capacity ...
Greece warns it is set to default on debt repayment loans
May 25th, 2015
Interior minister says Athens simply cannot satisfy IMF deadline next month unless it works out a deal with eurozone creditors Greece has threatened to default on €1.6bn (£1.14bn) of debt repayment due on international bailout loans next month, claiming it ...
Banks Said to Go to Legal Big Five in S. African Forex Probe
May 22nd, 2015
Banks under investigation in South Africa over alleged currency manipulation have hired the largest law firms in the country to advise them on the probe. Bowman Gilfillan, ENSafrica and Webber Wentzel, three of the so-called Big Five legal firms, ...
Bank Regulations Increasing Capital Requirements by $2 Trillion in Europe, U.S.
May 22nd, 2015
FICO has found cumulative capital requirements among banks in Europe and the United States are on pace to increase more than $2 trillion from pre-financial-crisis levels due to new regulations. That finding is included in a report on the global banking sector ...
FCA publishes terms of reference for its investment and corporate banking market study
May 22nd, 2015
The Financial Conduct Authority (FCA) has set out the issues it will focus on as part of its market study into competition in investment and corporate banking. These markets are a cornerstone of the UK economy, helping companies raise ...
