Search Results for: US
ECB speculation drives down yields, weighs on euro
August 27th, 2014
Euro zone government bond yields plumbed record lows on Wednesday and the euro fell to its weakest in a year against the dollar on expectations the European Central Bank will act soon to counter low growth and slowing inflation. ...
U.S. Index Futures Little Changed With S&P 500 at Record
August 27th, 2014
U.S. stock futures were little changed, after the Standard & Poor’s 500 Index closed above 2,000 for the first time, as Tiffany & Co. (TIF) climbed while Smith & Wesson Holding Corp. slumped on earnings projections. Futures on the ...
Surrender of Licence by Comino Umbrella Fund SICAV plc
August 27th, 2014
Comino Umbrella Fund SICAV plc recently requested the Malta Financial Services Authority (“MFSA”) to accept the surrender of the collective investment scheme licence granted in relation to The Stella Capital Real Estate Opportunity Fund (“the Sub-Fund”). The MFSA has ...
Japan Abe aide Hamada: Could do next sales tax hike in stages
August 27th, 2014
Japan could soften the impact of a planned sales tax increase by raising it in stages rather than IN a single hike, an outside adviser to Prime Minister Shinzo Abe said on Wednesday. Koichi Hamada, professor emeritus of economics ...
I.M.F. Chief, Lagarde, Under Investigation in France
August 27th, 2014
Christine Lagarde, the head of the International Monetary Fund, said on Wednesday that French prosecutors had placed her under formal investigation over a murky business affair that dates to her time as finance minister under former President Nicolas Sarkozy. ...
Wells chief warns on mortgage lending
August 27th, 2014
The chief executive of Wells Fargo has warned that the biggest US mortgage provider will avoid providing home loans to people with lower credit scores unless federal authorities reduce the threat that the banks will bear the costs for ...
FCA fines RBS and NatWest
August 27th, 2014
The Financial Conduct Authority (FCA) has today fined The Royal Bank of Scotland and NatWest £14,474,600 for serious failings in their advised mortgage sales business. The firms failed to ensure that advice given to customers was suitable. The issues with ...
SEC Charges Investor Relations Firm Executive
August 27th, 2014
The Securities and Exchange Commission (SEC) has charged a director of market intelligence at a Manhattan-based investor relations firm with insider trading ahead of impending news announcements by more than a dozen clients. The charges were filed against Michael ...
UK Accountancy Firms shrink after HMRC Efforts
August 27th, 2014
HM Revenue and Customs’ (HMRC) increasingly tough stance on tax planning is taking its toll on the UK accountancy industry, according to finance provider LDF. There was a 4 percent drop in the number of accountancy firms registered in ...
BNY Mellon hit as Argentina revokes licence
August 27th, 2014
Bank of New York Mellon was yesterday hit by a double whammy after Argentina stripped its licence to operate in the country. And it was revealed that George Soros had launched legal proceedings in London against it. The central ...
