Search Results for: Vest Financial
Hedge-Fund Boutiques Show Dubai Nurturing Oasis Trading: Cities
July 16th, 2014
When Ahmad Zuaiter started a frontier-markets hedge fund, the former Soros Fund Management LLC money manager chose Dubai over New York and London. Zuaiter’s Jadara Capital Partners LP and VY Capital Management Co. Ltd. opened in the emirate in ...
SEBI bars Satyam’s B Ramalinga Raju, 4 others from capital markets for 14 years
July 16th, 2014
The Securities and Exchange Board of India on Tuesday barred former Satyam Computer Services, founder-chairman B Ramalinga Raju and four others from the market for 14 years for perpetuating the biggest accounting fraud in the country. The capital market ...
Asia stocks manage muted cheer for China growth
July 16th, 2014
Asian stocks held stubbornly steady on Wednesday after China reported economic growth that was just ahead of market expectations, enough to prompt a sigh of relief from investors, but little else. China’s economy expanded by 2.0 percent in the ...
Alibaba IPO Update
July 16th, 2014
Investors were given an update on the Alibaba IPO on Tuesday, when Yahoo! Inc. (Nasdaq: YHOO) reported second-quarter earnings. Yahoo owns a 24% stake in Alibaba Group Holding Ltd. (NYSE: BABA) and will be selling a large percentage of ...
ESMA details new market abuse regime
July 15th, 2014
The European Securities and Markets Authority (ESMA) has launched a consultation on the new Market Abuse Regulation (MAR) which entered into force on 2 July 2014. It is issuing two consultation papers seeking stakeholders’ views on the draft regulatory ...
IFRS Foundation and ESMA sign joint Statement of Protocols
July 15th, 2014
The IFRS Foundation and the European Securities and Markets Authority (ESMA) today announced the agreement of a joint Statement of Protocols to serve as the basis for future co operation in areas of mutual interest. The IFRS Foundation, through ...
Bank of England policymakers discuss controls on banks
July 15th, 2014
Bank of England Governor Mark Carney and three other policymakers appeared before British lawmakers on Tuesday to discuss last month’s half-yearly Financial Stability Report, which recommended tighter curbs on mortgage lending. See below for highlights of the remarks from ...
Japan Leads Global Volatility Decline to Seven-Year Low
July 15th, 2014
Across global stock markets, nowhere is calm descending faster than in Japan. The Nikkei Stock Average Volatility Index, which tracks the cost of options on the Nikkei 225 (NKY) Stock Average, tumbled 33 percent this year to 15.3 yesterday, ...
Bank Earnings Give Stocks a Boost
July 15th, 2014
A better-than-expected earnings report from Citigroup C +3.02% helped kick-start a rally in stocks, lifting market indexes nearly back to levels seen before last week’s swoon. Many investors remain optimistic about the outlook for stocks broadly, amid improving U.S. ...
Draghi Says Banks Shouldn’t Count on Another Carry Trade
July 15th, 2014
Banks shouldn’t count on a fresh round of European Central Bank cash to trade sovereign debt and reap big profits, Mario Draghi said. “The convenience to use the ECB cheap money to buy government bonds is much less” than ...
