Search Results for: U.S. regulator
Asia markets extend declines; Nikkei down 3.49%, Hang Seng drops 3.68%
January 20th, 2016
Asian stocks tumbled Wednesday, with major indexes declining by more than 1 percent each, as global sentiment remained low on concerns over economic growth, China and low oil prices. “The frailty in the Chinese growth remain the core problem ...
European Union to Scrutinize Usage of Big Data by Large Internet Companies
January 18th, 2016
Competition Commissioner Margrethe Vestager’s comments highlight increased focus regulators giving to the use of so-called big data The European Union is considering whether the way large Internet companies, such as Alphabet Inc.’s Google or Facebook Inc., collect vast quantities of data is ...
Wells Fargo Surpasses Citigroup
January 18th, 2016
Wells Fargo sees 6% growth in assets; Citigroup posts strong annual profit Starting the new year, most big banks are touting their regimens to slim down: Wells Fargo & Co. just keeps growing. The San Francisco-based bank surpassed Citigroup Inc. to become the ...
China Said to Put Reserve Rule on Offshore Bank Yuan Funds
January 18th, 2016
Officials extending effort to counter speculation against yuan Premier Li underscores `no basis’ for continued yuan slide China is stepping up efforts to counter speculative bets against the nation’s currency, through imposing reserve requirements on yuan deposits held on ...
SEC Charges 11 Bank Officers and Directors With Fraud
January 14th, 2016
The Securities and Exchange Commission today announced fraud charges against 11 former executives and board members at Superior Bank and its holding company involved in various schemes to conceal the extent of loan losses as the bank was faltering ...
World Economic Forum in Davos: What is the theme of this year’s annual meeting
January 14th, 2016
Davos Set to Provide an Alpine View on the World’s Hot Spots China, Saudi Arabia, U.S. sending high-level emissaries `Geopolitical risks are becoming much more relevant’ The organizers of the World Economic Forum in Davos, Switzerland want attendees ...
Shanghai drops 5%, Shenzhen down 6.5% in renewed sell-off
January 11th, 2016
Chinese markets extended an already rough start to the year Monday, losing further ground and other Asian markets came along for the ride lower. The Shanghai composite was down as much 5.22 percent in late-afternoon trade, while the Shenzhen Composite shed 6.5 percent. ...
Global oil prices hit 11-year low on China market turmoil, storage overhang
January 7th, 2016
Brent crude futures fell to a fresh 11-year low on Thursday as a sliding yuan and an emergency halt in China’s stock trading left Asian markets in a turmoil, while a huge supply overhang and near-record output levels also ...
Asian stocks steeply lower after China suspends trade early
January 7th, 2016
China’s stocks were suspended from all trade on Thursday after the CSI300 tumbled more than 7 percent in early trade, triggering the market’s circuit breaker for a second time this week. That drop-kicked stock markets across Asia, which were already ...
Interactive Brokers Group Reports Brokerage Metrics for December 2015, includes Reg.-NMS Execution Statistics
January 5th, 2016
Interactive Brokers Group, Inc. an automated global electronic broker and market maker, today reported its Electronic Brokerage monthly performance metrics for December. Highlights for the month included: 628 thousand Daily Average Revenue Trades (DARTs), 6% higher than prior year ...
