China Trusts Fuel Stocks With 28% Jump in Investment
January 30th, 2015
China’s trusts, part of the shadow-banking industry, fueled a stock-market rally by boosting their investments in equities by a record 122 billion yuan ($19.5 billion) in the fourth quarter. The increase, reported by the China Trustee Association on Friday, ...
London Capital Group released on Conversion of Loan Notes and Issue of Equity
January 29th, 2015
London Capital Group announced that: JIM Nominees Limited have served notice to convert 750,000 loan notes of £1.00 each in LCG at a price of 25.02p in accordance with the terms of the Institutional Investors Convertible Loan Note Instrument ...
Markets mixed after Fed statement
January 29th, 2015
US stocks fell sharply on Wednesday after Federal Reserve reiterated its plans to hike interest rates sometime in 2015. The Federal Reserve boosted its assessment of US economy as it described the expansion as “solid”, an improvement over the ...
IG Group launches Sunday Trading offering
January 29th, 2015
First platform to offer Sunday trading Clients able to trade select equity, binary and bitcoin markets IG Group, a global leader in online trading, is the first platform to launch a Sunday trading offering, allowing clients to trade a ...
First Derivatives announced on MongoDB
January 29th, 2015
First Derivatives Deploys Reference Data Management Solution on MongoDB to Radically Change the Way Capital Markets Information is Processed. First Derivatives (AIM: FDP.L, ESM: FDP.I), a leading provider of software and consulting services to the capital markets industry, today announced that its ...
Hellenic Bank in Cyprus announced share capital increase
January 29th, 2015
With an announcement, Hellenic Bank informs that: The Bank has successfully completed the share capital increase that commenced in November 2014, raising Euro 204 million and covering 92% of the target set in an adverse and challenging economic environment. ...
Fraud accusations held for Alibaba IPO made public in regulator’s report
January 29th, 2015
A white paper from the State Administration for Industry and Commerce published Wednesday alleged that Alibaba Group‘s (BABA.NYSE) Taobao Marketplace sold counterfeit goods and allowed stores to be run without business licenses, among other accusations, South China Morning Post reported. The firm’s ...
Deutsche Bank reports fourth quarter 2014 net income
January 29th, 2015
Deutsche Bank reports fourth quarter 2014 net income of EUR 441 million Group results Fourth quarter 2014 results Income before income taxes (IBIT) of EUR 253 million Core Bank IBIT, which excludes the Non-Core Operations Unit (NCOU), of EUR ...
Sy Harding
January 29th, 2015
Sy Harding is the founder and president of Asset Management Research Corp, which has been providing exceptional market research and investment recommendations to professionals and serious investors for more than 27 years. He is the publisher of Sy Harding’s ...
Standard Chartered CEO Is Under Pressure From Shareholders, Regulators, Staff
January 29th, 2015
Bank’s Top Shareholders Privately Push for New Leadership Amid Investor, Regulatory Anxiety Hundreds of Standard Chartered PLC’s most senior executives gathered earlier this month on Singapore’s Sentosa island to address the global bank’s dimming fortunes. From a lectern at ...