Search Results for: assets
OSB Daily Technical Analysis- Indices
September 19th, 2014
OSB Daily Technical Analysis for September 19, 2014 S&P 500 Clear push above the 2000 level for the December 14 S&P 500 contract. Recent correction is likely over and new up leg appears to be in motion. Higher ...
SEC fines trading firm for violating net capital rule for broker-dealers
September 18th, 2014
The U.S. Securities and Exchange Commission has charged a New York-based high frequency trading firm with violating the net capital rule that requires all broker-dealers to maintain minimum levels of net liquid assets or net capital. The firm’s former ...
China Central Bank to Inject $81 Billion Into Top Lenders
September 17th, 2014
China became on Wednesday the latest country to embrace economic stimulus measures, as its central bank reportedly agreed to lend 100 billion renminbi apiece, or $16.2 billion, to each of the country’s five main banks. The decision to inject ...
Gold Settles Below $1240 with Eyes on Fed
September 17th, 2014
Gold inched up for a third straight session on Wednesday as speculation mounted that the Federal Reserve would vow to maintain interest rates at low levels when the U.S. central bank concludes its policy meet later in the day. ...
Economists can’t tell Scots how to vote
September 17th, 2014
Here is the bad news if you haven’t made up your mind whether to vote for Scotland to become independent – economic analysis cannot give you the answer. That is partly because this dismal science is not capable of ...
SEC Obtains Asset Freeze Against Company in Turks and Caicos Islands
September 17th, 2014
The U.S. Securities and Exchange Commission (SEC) announced an emergency asset freeze against a company located in Turks and Caicos Islands in connection with its operation of a South Florida-based Ponzi scheme. The SEC’s request for the emergency asset ...
UBS and Goldman Sachs left red-faced by AngloGold Ashanti $2.1bn float flop
September 16th, 2014
Proposals for a new London-listed mining spin-off worth £3bn hit the dust yesterday, as shareholders at one of the world’s top gold miners revolted over a $2.1bn (£1.3bn) rights issue key to the massive restructuring. South Africa-based AngloGold Ashanti ...
Clyde & Co drafted in by RBS shareholders for potential class action
September 16th, 2014
Clyde & Co partner Julian Connerty is advising a group of shareholders planning to sue the Royal Bank of Scotland (RBS) for allegedly forcing small companies out of business through its global restructuring group (GRG). The action group is ...
Brazilian Mogul faces charges of Insider Trading
September 15th, 2014
The Brazilian businessman Elike Batista was accused of manipulating the share price of his now-bankrupt petroleum company, OGX, and engaging in insider trading. The investigation from the public prosecutor began in April. If a trial takes place and Mr. ...
Dollar’s rise pressures commodities amid Fed anxiety
September 12th, 2014
The U.S. dollar was riding high in Asia on Friday as unceasing speculation about the prospects for rising U.S. interest rates undermined commodity prices and spurred investors to unwind leveraged trades in higher-yielding currencies. Talk the Federal Reserve might ...
