Search Results for: US
Bond Market Has $900 Billion Mom-and-Pop Problem When Rates Rise
June 24th, 2014
It’s never been easier for individuals to enter some of the most esoteric debt markets. Wall Street’s biggest firms are worried that it’ll be just as simple for them to leave. Investors have piled more than $900 billion into ...
Oil falls as fear fades over Iraq conflict
June 24th, 2014
The price of oil fell Tuesday as fears receded that the insurgency roiling Iraq would affect its oil production and exports. Islamic militants have been steadily expanding their grip on the country’s north, where they control a broad swath ...
UK challenger banks call for easier access to BoE liquidity
June 24th, 2014
Britain’s “challenger” banks are pushing for easier access to Bank of England liquidity and more favourable capital rules to help them compete with established lenders. Small banks say they can be asked to provide substantial collateral when they use ...
CySec: acquisition of Administrative Services Providers (ASP) licence
June 23rd, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that “CST Trustees Limited” has successfully obtained the CySec licence to operate as Administrative Services Provider (ASP). Therefore, it is now authorised to operate legally under ...
The Case of the Missing White-Collar Criminal
June 23rd, 2014
The senior executives who played leading roles in the 2008 financial crisis can breathe a sigh of relief: If any committed crimes, the statute of limitations will run out for most of them this year. It’s safe to say ...
Silver futures down 0.32% on profit-booking, global cues
June 23rd, 2014
Silver prices fell 0.32 per cent to Rs 44,428 per kg in futures trade today as speculators booked profits amid a weak trend in global markets. At the Multi Commodity Exchange, silver for delivery in July traded lower by ...
Auditors Favor Curbs on Changes to the Audit Report
June 23rd, 2014
Rather than divulge every worry that kept them up at night during an audit, some auditors feel that they should limit their reporting of “critical audit matters” to the anxieties they’ve reported to the audit committee, according to an ...
Hedge-Fund Hack Part of Bigger Siege: Cyber-Experts
June 23rd, 2014
The attack on a U.S. hedge fund’s network, which a cybersecurity contractor said last week disrupted the firm’s high-speed trading and stole its data, is but one among many. That is the assessment of more than a half-dozen computer ...
Philippines Arrests Ex-President Estrada’s Son Over Fund Scandal
June 23rd, 2014
Philippine authorities arrested a son of former President Joseph Estrada after a court found sufficient evidence to try him on charges of stealing at least 183.8 million pesos ($4.2 million) of development funds. Senator Jinggoy Estrada handed himself in ...
Qatar Rejects Tax Exemption For Foreign Investors
June 23rd, 2014
Qatar’s Advisory Council has rejected a proposal to exempt foreign individuals and institutional investors from capital gains and income tax on domestic stock market investments. The proposal, which was approved by the State Cabinet and the Financial and Economic ...
