Search Results for: assets
The Pros and Cons of Buying Buyback ETFs
June 25th, 2014
Companies splurged on share buybacks in 2014’s first quarter, and investors splurged on buyback funds. The amount companies spent buying back their own shares jumped 59 percent compared to a year ago, according to Standard & Poor’s. Over that ...
SEC Charges Hedge Fund Advisory Firm
June 24th, 2014
The U.S. Securities and Exchange Commission has charged a West Palm Beach, Fla.-based hedge fund advisory firm and its founder with fraudulently shifting money from one investment to another without informing investors. The firm’s founder and another individual later ...
UK challenger banks call for easier access to BoE liquidity
June 24th, 2014
Britain’s “challenger” banks are pushing for easier access to Bank of England liquidity and more favourable capital rules to help them compete with established lenders. Small banks say they can be asked to provide substantial collateral when they use ...
Hedge-Fund Hack Part of Bigger Siege: Cyber-Experts
June 23rd, 2014
The attack on a U.S. hedge fund’s network, which a cybersecurity contractor said last week disrupted the firm’s high-speed trading and stole its data, is but one among many. That is the assessment of more than a half-dozen computer ...
Danske Defeat on Risk Weights Shows Regulatory Supremacy
June 20th, 2014
As regulators across Europe and the U.S. show signs of caving in to bank industry warnings that new rules risk hurting the economy, Denmark’s watchdog has just won a milestone battle against the nation’s biggest bank. Danske Bank A/S ...
European Stocks rise as Fed Signals Support Amid Recovery
June 19th, 2014
European stocks rose after the Federal Reserve repeated its pledge to leave interest rates near their record low and said the world’s largest economy should experience sustained growth. U.S. stock futures were little changed, while Asian shares rallied. Rolls-Royce ...
IMF calls on ECB to consider quantitative easing
June 19th, 2014
The International Monetary Fund is expected to sound the alarm on Thursday over the risk of deflation within the eurozone and to urge the European Central Bank to consider US-style quantitative easing, including “large-scale” purchases of sovereign bonds, to ...
Bankruptcy protection for bitcoin exchange Mt Gox
June 18th, 2014
The failed Tokyo-based bitcoin exchange, Mt Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States as it awaits approval of a settlement with U.S. customers and a sale of its business. Mt ...
IMF in warning over Argentina ruling at US Supreme Court
June 18th, 2014
The International Monetary Fund (IMF) has warned that Argentina’s legal defeat in its fight against hedge fund investors may have wider implications. On Monday, a US Supreme Court ruling sided with bondholders demanding Argentina pay them $1.3bn (£766m). The ...
China signs £14bn trade deals with UK amid Premier’s visit
June 18th, 2014
China says it wants to back major UK infrastructure projects and has signed £14bn in trade deals. The news comes on the first full day of a visit by its leader. The BBC understands the projects the state-owned China ...
