Search Results for: Vest Financial
ESMA publishes annual report and supervisory focus for CRAs and TRs
February 17th, 2015
The European Securities and Markets Authority (ESMA) has published today an annual report (Report) on its direct supervisory activities in 2014 regarding credit rating agencies (CRAs) and trade repositories (TR). The report summarises the key actions taken during 2014 ...
FCA joins HSBC tax-dodging inquiry
February 17th, 2015
The Financial Conduct Authority (FCA) says it is looking into the HSBC bank over its Swiss tax-dodging scandal. The move comes in the light of last week’s allegations that the bank had helped hundreds of people evade UK tax ...
Greece’s Varoufakis Says ‘No More Loans’ Until Credible Growth Plan: NYT Interview
February 17th, 2015
Greek Finance Minister Yanis Varoufakis said his government was not asking for a way out of repaying the country’s debt, but wanted a few months of financial stability. In an opinion piece for the New York Times, Varoufakis also ...
Asia stocks mostly rise, gains tempered by Greek standoff
February 17th, 2015
Asian stock markets were mostly higher Tuesday but gains were tempered after Greek debt talks broke down, raising the prospect Athens might leave the euro currency. KEEPING SCORE: Tokyo’s Nikkei 225 was little changed at 18,001.58 while the Shanghai ...
Is Gold’s Pullback Another Buying Opportunity?
February 17th, 2015
There are reasons in the technical charts, in the fundamentals, and in investor sentiment, to believe gold is ready for at least a tradable bear market rally. In a January column, I noted that gold plunged 48% from its ...
Self protection against money laundering
February 16th, 2015
There is much that both financial and non-financial businesses can do to take the initiative and implement their own money laundering prevention measures. The framework for such prevention measure for protection against money laundering is: Know your administration Know ...
New Report Says Computer Criminals Stole Millions From Banks
February 16th, 2015
Banks in Russia, U.S. and Eastern European may Have Lost $1 Billion, Report Says A Russian-speaking gang of computer criminals has stolen millions of dollars since late 2013 from banks in Russia, Eastern Europe and the U.S., according to ...
Markets mixed in anticipation of Greek debt deal
February 13th, 2015
US stocks opened lower on Wednesday and ended a volatile trading session essentially flat as investors adopted a cautious stance in anticipation of Greek debt negotiations outcome. The broad stock market index S&P 500 closed flat at 2,068.53, while ...
HSBC files: Swiss bank hid money for suspected criminals
February 13th, 2015
HSBC’s Swiss bank concealed large sums of money for people facing allegations of serious wrongdoing, including drug-running, corruption and money laundering, leaked files reveal. Despite being legally obliged since 1998 to make special checks on high-risk customers, the bank ...
German Economic Growth Accelerates, French GDP Only Slightly Higher
February 13th, 2015
The eurozone’s largest economies were on diverging paths in the final three months of 2014, as German growth accelerated, France slid closer to stagnation and ...
