Search Results for: SEC
UK bank adviser pay catching up with traders
September 15th, 2014
Senior advisory bankers’ pay in London has risen almost on to a par with traditionally higher-earning traders, underlining the shifting fortunes of these distinct businesses within investment banks. By contrast, senior traders have suffered an average 13 per cent ...
China anxiety over Asian stocks, Aussie dollar hit
September 15th, 2014
Asian stocks skidded to five-week lows on Monday, giving European markets a negative lead after a batch of weak data out of China raised the spectre of a sharp slowdown in the world’s second-biggest economy. “As if traders didn’t ...
OSB Daily Technical Analysis – Currency pairs
September 15th, 2014
OSB Daily Technical Analysis for September 15, 2014 EUR/USD consolidation day on Friday closing below 1.2965 resistance after finding support at the 1.29 level. Action suggests downside may be limited from here and a further corrective bounce towards the ...
HSBC settles a $550 Million lawsuit
September 15th, 2014
HSBC has agreed to pay $550 million for a lawsuit filed in 2011 by the Federal Housing Finance Agency, the federal regulator that oversees the government’s two mortgage finance companies, over troubled mortgage-backed securities sold in the lead-up to ...
Brazilian Mogul faces charges of Insider Trading
September 15th, 2014
The Brazilian businessman Elike Batista was accused of manipulating the share price of his now-bankrupt petroleum company, OGX, and engaging in insider trading. The investigation from the public prosecutor began in April. If a trial takes place and Mr. ...
More sanctions against Russia from the EU
September 12th, 2014
The European Union tightened economic sanctions against Russia on Friday, in response to the country’s role in the Ukraine crisis, imposing additional restrictions on oil companies and extending asset freezes and travel bans to 24 more individuals. The measures, ...
Oscar Pistorius guilty of ‘culpable homicide’
September 12th, 2014
South African judge on Friday convicted athlete Oscar Pistorius of “culpable homicide” in the death of his girlfriend, Reeva Steenkamp. A conviction of culpable homicide, the term for manslaughter in South Africa, carries a maximum 15-year prison sentence. Pistorius ...
US lawmakers cautious about cash method of accounting
September 12th, 2014
Switching to accrual accounting would be severely damaging to businesses, US lawmakers have warned in a letter calling for the preservation of the cash method of accounting. The letter, signed by a bipartisan majority of the US House of ...
$100 billion investment likely in renewable energy in 4 years: Piyush Goyal
September 12th, 2014
The Indian government is expecting $ 100 billion investment in the renewable energy sector in the next four years as it firms up a new policy framework for the same. “We expect $ 100 billion in the renewable energy ...
Scottish tax: Can meltdown be avoided?
September 12th, 2014
When Scottish electors cast their votes in the independence referendum on 18 September, a ‘no’ outcome would result in greater devolution of tax powers to Holyrood. By contrast, a ‘yes’ result in support of independence would create the need ...
