Search Results for: Vest Financial
Will Draghi’s QE programme work?
February 13th, 2015
The recent announcement by Mario Draghi for the Quantitative Easing (QE) programme in Europe was welcomed by an expected euphoria from the financial markets. Stock markets around the globe produced positive and significant returns, while yields on the sovereign ...
Can there be contagion with the Greek crisis?
February 13th, 2015
One question that has hovered around the global media recently, but has remained I believe unanswered, is what will be the likely outcome of a “Grexit” to the rest of the Eurozone countries as well as the rest of ...
$9 Trillion Question Is How Tighter Fed Will Impact the World
February 13th, 2015
When Group of 20 finance ministers this week urged the Federal Reserve to “minimize negative spillovers” from potential interest-rate increases, they omitted a key figure: $9 trillion. That’s the amount owed in dollars by non-bank borrowers outside the U.S., ...
Asian shares jump on Ukraine ceasefire, Greek hopes
February 13th, 2015
Asian shares soared on Friday on news of a ceasefire accord in Ukraine, while Sweden’s surprise move to cut its main rate into negative territory and hopes of a resolution between debt-strapped Greece and its creditors burnished risk appetite. MSCI’s broadest index ...
Former Petrobras CEO Weighs In on Corruption Probe
February 12th, 2015
Gabrielli Says He Feels Like ‘David Fighting Goliath,’ Denies Any Wrongdoing José Sergio Gabrielli, the former chief executive of Petróleo Brasileiro SA, presided over one of the brightest periods in the state-owned oil giant’s history. During his tenure, from 2005 to ...
Letter From Alpari to Forex Trend Regarding its Illegal Use of the Trademark “PAMM Account”
February 12th, 2015
Alpari released an open letter to Forex Trend Regarding its Illegal Use of the Trademark “PAMM Account”: Dear Clients and Industry Colleagues, There is an ongoing scandal surrounding Ukrainian forex broker, Forex Trend (“Форекс Тренд”). The company, which operates in ...
SEC Charges Former Brokerage CEO for His Role in Fraudulent Scheme
February 11th, 2015
The Securities and Exchange Commission today announced that the former CEO of a global investment services firm’s brokerage subsidiary agreed to pay more than $783,000 and admit wrongdoing to settle a case involving employees under his control misleading customers. ...
Denials continue despite MPs hearing of HSBC tax evasion claims in 2011 (Video)
February 11th, 2015
Downing Street insists it had no warning of HSBC wrongdoing, despite revelation MPs had known about ‘disc from the Swiss’ with names of potential tax dodgers Downing Street and the Financial Conduct Authority insisted on Tuesday they had been ...
SEC Proposes Rules for Hedging Disclosure
February 10th, 2015
Amendments Would Enhance Corporate Disclosure of Hedging Policies for Officers, Directors and Employees The Securities and Exchange Commission today announced it has approved the issuance of proposed rules that would enhance corporate disclosure of company hedging policies for directors ...
UBS’s fourth-quarter 2014 results-Fourth-quarter net profit CHF 1 billion; ordinary dividend doubled
February 10th, 2015
2014 net profit attributable to shareholders up 13% to CHF 3.6 billion; diluted EPS CHF 0.94 Ordinary dividend of CHF 0.50 per share proposed for the financial year 2014 Accrued one-time supplementary dividend of CHF 0.25 per share Fully ...
