Search Results for: brokers
A Greek Drama Draws In the Obama Administration, Again
February 20th, 2015
President Barack Obama and his team may be suffering from Greek financial-crisis déjà vu. In 2010, and again in 2012, Mr. Obama and top officials in his administration worried that Greece’s debt woes could fracture the eurozone, knock down an ...
SEC Charges New York-Based Brokerage Firm and CEO With Committing Fraud During CDO Liquidation Auctions
February 20th, 2015
The Securities and Exchange Commission today charged a New York City-based brokerage firm and its CEO with fraudulently deceiving other market participants while conducting auctions to liquidate collateralized debt obligations (CDOs). An SEC investigation found that VCAP Securities and ...
Internal and External Risks to the Cyprus Economy
February 20th, 2015
Despite the tragic events of March 2013, Cyprus economy has showed resilience and the country was able to return back to stability and regain some of the lost confidence from international markets and investors rather quickly, which is necessary ...
Friday February 20: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
February 20th, 2015
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for February 20. Gold Open 1212.50, High 1222.90, Low 1205.20, Close 1207.60, 0.62% Change. Silver Open 16.45, High 16.77…View table below
Friday February 20: OSB G10 Currency Pairs Cheat Sheet & Key Levels
February 20th, 2015
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for February 20. EURUSD Open 1.1396, High 1.1450, Low 1.1355, Close 1.1367, -0.26% Change. GRBUSD Open 1.5435, High 1.5464… View table below
Yemen FX reserves stabilise but borrowing balloons in political crisis
February 20th, 2015
Yemen’s foreign exchange reserves have stabilised after a steep fall due to its political turmoil, but ballooning government debt issuance indicates the country may be moving closer to a fiscal crunch, central bank data showed on Friday. Shi’ite Muslim ...
Investors Still Don’t Think Greece Will Exit the Euro
February 20th, 2015
As Greece heads toward 11th-hour funding talks with its euro-area membership on the line, bondholders are surprisingly sanguine about its failure so far to secure a deal. Forget the strategists at Commerzbank AG who say there’s a 50 percent ...
Eurogroup: EU “Trojan Horses” and cracks in the wall
February 20th, 2015
Friday’s Eurogroup is expected to be a tough day of negotiation and a last chance for a “mutually beneficial” situation Finance Minister Yanis Varoufakis’ proposal for a six-month extension of its bailout facility was rejected by Germany that won’t ...
KPMG announces new Centers of Excellence
February 19th, 2015
Aidan Brennan, KPMG International’s Global Head of Management Consulting, has announced the launch of three new Centers of Excellence (CoEs) dedicated to the Customer, Enterprise Performance Management and Supply Chain. These new investments complement KPMG’s well-established centers focused on ...
Hellenic Bank cuts its base interest rates by 1%
February 19th, 2015
1% reduction in the interest rate for credit cards As a result, either the outstanding balance is reduced or the payback period shortened In line with its commitment to support Cypriot households and enterprises, Hellenic Bank is reducing all ...
