Search Results for: Rouble
ECB bank audit to cover consultants in cash
August 21st, 2014
The European Central Bank and eight national regulators, including the eurozone’s five largest economies, will spend up to €487.7m on fees to external advisers for the comprehensive assessment, a screening of the region’s 128 biggest lenders. Policy makers hope ...
Abe finding it hard to get his way on defence
August 19th, 2014
On 1 July, Japan’s Prime Minister Shinzo Abe announced a decision to broaden the interpretation of the Japanese Constitution to enable Japan to exercise its right to collective self-defence. But to what extent will the Japan Self-Defense Forces (SDF) ...
Being Pro-West Doesn’t Mean Being Anti-Russian
August 13th, 2014
The recent events in Ukraine and the resulting wave of sanctions, affecting all sides of the conflict, have once again intensified the long-running disagreement in Russia between pro-West and anti-West factions. Facebook is full of passionate arguments as yesterday’s ...
India Sets Norms to Open $20 Billion REIT Market
August 11th, 2014
India approved the setting up and listing of real estate investment trusts as the nation seeks to unlock a $20 billion market. The trusts, or REITs, will have to own assets worth at least 5 billion rupees ($82 million), ...
Chinese banks get serious – risk of bad debts swell
August 8th, 2014
Chinese banks are scrambling to get on top of bad debts they have downplayed for years, cutting off riskier borrowers and further tightening lending terms. China’s banks keep reporting bad loan levels well below what most analysts consider realistic, ...
Banks Must Show They Can Die Quietly
August 6th, 2014
The U.S. Federal Reserve and the Federal Deposit Insurance Corp. have just confirmed what most people already knew: The largest banks are far too complex and opaque for their own good, let alone for the good of the broader ...
New York is back on top for IPOs
August 6th, 2014
New York is once again the top destination for global companies listing their stocks, according to a new report on “cross-border” IPOs. It’s the first time New York has topped Hong Kong since 2009. Companies that are based overseas ...
Big Banks’ ‘Living Wills’ Get Failing Grade
August 6th, 2014
Wall Street banks spent two years asking U.S. regulators what they should put in hypothetical bankruptcy plans to prove they aren’t “too big to fail.” The agencies broke their silence yesterday with a grade: Fail. The Federal Reserve and ...
Moscow Exchange’s turnover at RUB 44.2 trln in July 2014
August 5th, 2014
Moscow Exchange’s turnover reached RUB 44.2 trln in July 2014, an increase compared to the same period last year (July 2013: RUB 43.9 trln). The largest turnover was shown by the FX market (up 37% YoY), Equity Market (up ...
Crédit Agricole Takes $950 Million Hit on Portuguese Bank
August 5th, 2014
The French bank Crédit Agricole said Tuesday that it nearly had its entire second-quarter profit wiped away as it took a $950 million charge to write off its entire investment in the troubled Portuguese lender Banco Espírito Santo, in ...
