Search Results for: assets
MintPal Vows to Fight Former Moolah CEO in Court
October 31st, 2014
The owners of the troubled digital currency exchange MintPal are moving to take legal action against former Moopay LTD CEO Alex Green. Green, who was once known as Ryan Kennedy, is accused of stealing as much as 4,000 BTC ...
How Will The Stock Market React To The End Of Quantitative Easing?
October 31st, 2014
It is widely expected that the Federal Reserve is going to announce the end of quantitative easing this week. Will this represent a major turning point for the stock market? As you will see below, since 2008 stocks have ...
SEC charges investment advisory firm and top officials for custody rule violations
October 30th, 2014
The Securities and Exchange Commission (SEC) announced charges against an investment advisory firm and three top officials for violating the “custody rule” that requires firms to follow certain procedures when they control or have access to client money or ...
Barclays Third-Quarter Profit jumps, sets aside FX probe
October 30th, 2014
Barclays Plc (BARC), the U.K.’s second biggest bank by assets, said third-quarter profit unexpectedly rose in the third quarter as the bank set aside 500 million pounds ($799 million) to settle probes into currency markets. Adjusted pretax profit rose ...
PwC and Google Announce Joint Business Relationship
October 29th, 2014
PwC and Google Inc. (NASDAQ: GOOG, GOOGL) today announced the launch of a joint business relationship to bring new and innovative services to companies around the world. The rapid pace of innovation in technology has fundamentally changed how and ...
The equity cult alive and kicking, despite deflation threat
October 29th, 2014
Anyone betting on another “Great Rotation” of investment flows out of bonds and into stocks is in for disappointment: it’s not happening, and isn’t going to. In a world where deflation, never the most fertile ground for equities, is ...
Twenty-four European banks fail financial stress tests
October 27th, 2014
One in five European banks have failed crucial tests of their financial strength, leaving a €25bn (£19.6bn) capital hole in the continent’s banking system at a time of renewed fears that the five-year long eurozone crisis may be flaring ...
HSH targeted by US distressed debt investors
October 23rd, 2014
A group of US hedge funds is discussing plans to persuade German public sector bank HSH Nordbank to restructure its debt as European stress tests raise concerns about the continent’s weakest lenders. The distressed debt investors include at least ...
Credit Suisse Profit More Than Doubles as Trading Rises
October 23rd, 2014
Credit Suisse Group AG (CSGN), Switzerland’s second-biggest bank, reported an increase in third-quarter profit driven by a surge in revenue at the investment bank, while earnings in other businesses fell. The group’s net income jumped to 1.03 billion Swiss ...
Six Federal Agencies Jointly Approve Final Risk Retention Rule
October 23rd, 2014
Six federal agencies, namely the Board of Governors of the Federal Reserve System, the Department of Housing and Urban Development, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the Office of Comptroller of the Currency and the Securities and Exchange Commission have ...
