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HSBC share price closes 4.6 per cent lower after full-year profits tank due to “challenging year”

February 24th, 2015 (0)
HSBC ended the day with its shares at 577p, 4.6 per cent lower than Friday’s closing price. Having announced that profits fell 17 per cent during 2014, it admitted its US arm had also been subpoenaed by the US Commodity ...

Big Banks Face Scrutiny Over Pricing of Metals

February 24th, 2015 (0)
U.S. Justice Department investigates price-setting process for gold, silver, platinum and palladium U.S. officials are investigating at least 10 major banks for possible rigging of precious-metals markets, even though European regulators dropped a similar probe after finding no evidence ...

Asia Stocks Climb With Dollar Before Yellen, Greek Talks

February 24th, 2015 (0)
Asian stocks traded near a five-month high and the dollar strengthened before Federal Reserve Chair Janet Yellen speaks to lawmakers and as Greece’s creditors review a list of debt-reduction policies. Australian bonds gained and U.S. oil extended declines below ...

Greece: We’ll fight on against austerity – Interview with FM Varoufakis

February 24th, 2015 (0)
Greece’s leftist government will implement all policies promised during the recent election campaign, Finance Minister Yanis Varoufakis said Monday. Speaking to CNN’s Christiane Amanpour, he said the battle to “recalibrate the austerity” imposed on Greece by its international creditors ...

Greek Gov’t to submit final reform list to Brussels on Tuesday

February 24th, 2015 (0)
The government was on Tuesday morning expected to submit a final version of its reform proposals to the country’s creditors following several hours of discussions with officials in Brussels yesterday aimed at hammering out a set of measures acceptable ...

It’s Germany vs. Greece, And The Very Survival Of The Eurozone Is At Stake

February 20th, 2015 (0)
Is this the beginning of the end for the eurozone? On Thursday, Germany rejected a Greek request for a six-month loan extension. The Germans insisted that the Greek proposal did not require the Greeks to adhere to the austerity ...

Portugal backs Germany on debt deal for Greece

February 20th, 2015 (0)
Portuguese Finance Minister Maria Luis Albuquerque insisted in a German newspaper interview on Friday that Greece must fulfil the current conditions of its international bailout. “There is a framework within which we are prepared to talk to the Greek ...

ICAP Global Broking derivatives data included in Supplement No.46 of the 2006 ISDA Definitions

February 20th, 2015 (0)
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that its Global Broking price displays for Swiss Franc (CHF) interest rate swaps, CHF single currency basis swaps and EONIA ...

Greece supports Chinese investment at Piraeus Port: PM

February 20th, 2015 (0)
Greek Prime Minister Alexis Tsipras on Thursday praised bilateral cooperation between his country and China and sent best wishes to Chinese people for the Chinese Lunar New Year. “We will seek new ways of cooperation between the Greek state ...

Reserve Bank warns banks against making “mockery” of its lending operations

February 20th, 2015 (0)
The Reserve Bank of India is getting tougher on extending unlimited credit to the country’s banks to try to ensure they push interest rate cuts through the financial system and to stop them from making what one official called a “mockery” of its ...
Broker Cyprus TopFX