Search Results for: US Dollar
The Rise of Robo-Advisors: Robo-advisor firm raises $100 Million in Funding
March 31st, 2016
If there was any doubt about the future of robo-advisors, the latest announcement from online advisor Betterment may quash it: The company says it has raised $100 million from investors in its latest round of funding. That’s the biggest round ...
Robert Kiyosaki And Harry Dent Warn That Financial Armageddon Is Imminent
March 31st, 2016
Financial experts Robert Kiyosaki and Harry Dent are both warning that the next major economic crash is in our very near future. Dent is projecting that the Dow will fall to “5,500 to 6,000 by late 2017″, and Kiyosaki ...
Asia markets mixed; Nikkei up 0.4%, Kospi down 0.5%
March 31st, 2016
Asia markets traded mixed on Thursday, with some markets partially retracing their advances following Federal Reserve chair Janet Yellen’s cautious stance on the path of tightening earlier this week. Japan’s Nikkei 225 wavered between gains and losses before trading up 0.41 percent, while ...
Iranian Miniskirts, Bags of Cash Raise Doubts Over Controls at HSBC
March 30th, 2016
Monitor finds lapses in bank’s efforts to prevent money laundering and evasion of sanctions following 2012 settlement with Justice Department The monitor overseeing HSBC’s compliance with a landmark anti-money-laundering settlement has uncovered a range of potential lapses including loans ...
Hackers Breach Law Firms, Including Cravath, Weil Gotshal
March 30th, 2016
Federal investigators explore whether cybercriminals stole confidential information to be used for insider trading Hackers broke into the computer networks at some of the country’s most prestigious law firms, and federal investigators are exploring whether they stole confidential information ...
How Many Tech Startups Are Empty Shells?
March 30th, 2016
How many startups are empty shells filled with glitzy PR designed to appeal to VC newbies? It’s widely accepted that most tech startups will fail. Perhaps the core business proposition didn’t pan out, or the execution was flawed, or ...
Most Asian markets up in wake of dovish Yellen remarks, but Nikkei lags
March 30th, 2016
Most Asian markets advanced after remarks from Federal Reserve chair Janet Yellen assuaged concerns about a near-term interest rate hike, but Japan’s shares retreated as the yen strengthened. “Janet Yellen doubled down on dovishness, in a speech full of risks to ...
Financial Policy Committee statement from its policy meeting, 23 March 2016
March 29th, 2016
1. The Bank of England’s Financial Policy Committee (FPC) assesses the outlook for financial stability by identifying the risks faced by the financial system and weighing them against the resilience of the system. In doing so, its aim is to ...
R.B.S. Hires Former Barclays Lawyer as General Counsel
March 29th, 2016
The Royal Bank of Scotland said on Thursday that it had hired a top lawyer who used to work at its British banking rival Barclays to serve as its new general counsel. The lawyer, Michael Shaw, served as deputy ...
Oil Prices Edge Down Amid Little-Improved Supply Picture
March 29th, 2016
Oil prices edged down Monday, extending last week’s decline, as traders returned from a long holiday weekend to a market with little improvement in supply-and-demand conditions. The benchmark U.S. contract fell 0.2% to $39.39 a barrel on the New ...
