Search Results for: Trading
Europe Bankers Cringe at Rising U.S. Fines Amid BNP Probe
June 12th, 2014
HSBC Holdings Plc (HSBA) Chairman Douglas Flint had some advice for bank executives meeting in London last week: Read up on how the U.S. uses financial warfare against its enemies in a foreign-policy shift that’s entangling lenders. Since HSBC ...
Asian Stocks Retreat From Six-Year High as Kiwi Advances
June 12th, 2014
Asian stocks fell, with the regional benchmark index retreating from its highest close in six years, after U.S. stocks dropped by the most in three weeks. Euronext delayed the opening of cash markets due to a “critical issue” while ...
Tel Aviv acquires the first Bitcoin ATM in Middle East
June 11th, 2014
The first Bitcoin ATM will be launched in the Middle East and more precisely in Tel Aviv . Bitcoin is a peer-to-peer virtual currency that allows for transactions between users without any third party or middle man. The “cash-out ...
Europe Stocks Are Little Changed on World Bank Global Cut
June 11th, 2014
European stocks were little changed near a six-year high as the World Bank cut its global growth forecast, and investors awaited a report on U.K. unemployment. U.S. stock-index futures were also little changed, while Asian shares rose. Airbus NV ...
Asian stocks weak on world bank growth downgrade
June 11th, 2014
Asian stock markets were weak on Wednesday, dragged down by the World Bank’s lower global growth forecast. The bank cut its forecast for global economic growth this year to 2.8 percent from the 3.2 percent it forecast in January. ...
Merrill Lynch Equities (Australia) Limited pays $65,000 infringement notice penalty
June 10th, 2014
The Australian Securities and Investments Commission (ASIC) has imposed the penalty of $65,000 to Merrill Lynch Equities (Australia) Limited (Merrill Lynch) in order to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The penalty was for ...
Shares Of Hertz Plunge On More Accounting Troubles
June 10th, 2014
Hertz Global Holdings, a favorite stock in recent months of some closely-watched hedge funds, disclosed on Friday morning that its audit committee had concluded that problems with the company’s financial statements for the last three years must be corrected ...
Money Moves, India Tax Evaders, Credit Suisse: Compliance
June 10th, 2014
The U.S. Treasury Department said it sets limits while giving the nation’s intelligence agencies access to reports that banks file on suspicious or large money moves by customers, including information about Americans. The Treasury, saying it was responding to ...
Macau Tightens UnionPay Use in Threat to Casino Money Flows
June 10th, 2014
Macau’s government plans to further restrict the use of China UnionPay Co.’s debit cards at casinos, curbing money flows to the world’s largest gambling hub by making it harder for bettors to buy expensive items that they exchange for ...
ICE Says Euronext IPO Values Exchange at Up to $2.4 Billion
June 10th, 2014
IntercontinentalExchange Group Inc. (ICE) began the initial public offering of its Euronext NV unit, saying it will value the stock-market operator at as much as 1.75 billion euros ($2.4 billion). ICE is selling a stake of as much as ...
