Search Results for: financial markets
Greece No vote: Oil prices tumble
July 6th, 2015
Oil prices fell sharply early on Monday after Greece rejected austerity measures demanded in return for bailout money and as China rolled out an unprecedented series of steps to prevent a full-blown stock market crash. The result of the ...
The 75 Trillion Dollar Shadow Banking System Is In Danger Of Collapsing
July 1st, 2015
Keep an eye on the shadow banking system – it is about to be shaken to the core. According to the Financial Stability Board, the size of the global shadow banking system has reached an astounding 75 trillion dollars. It has ...
Greece defaults on IMF payment despite last-minute overtures to creditors
July 1st, 2015
Greece‘s last-minute overtures to international creditors for financial aid on Tuesday were not enough to save the country from becoming the first developed economy to default on a loan with the International Monetary Fund. The IMF confirmed that Greece ...
Winners and losers emerge from fragmented FX swap rules
June 30th, 2015
The International Swaps and Derivatives Association (ISDA) has frequently warned that market fragmentation will continue and market transparency will be damaged as US and European regulators fail to reconcile their FX rule sets. Disharmony is most evident in relation ...
Asia stocks bounce back but Greece uncertainty still looms
June 30th, 2015
Asian stock markets bounced back Tuesday, recouping some of the previous day’s sharp losses, but investors remained worried the crisis in Greece could spread to other financially weak countries. Japan’s benchmark Nikkei 225 gained 0.4 percent to 20,189.02 after ...
Greek deal or not, the euro has changed forever
June 25th, 2015
By invoking a Greek euro exit as a possible outcome of failed bailout negotiations, European governments have effectively rewritten a key tenet of the shared currency — and maybe even for the better. Deal or no deal on staving ...
J.P. Morgan, SEC in Settlement Talks Over Product Steering
June 25th, 2015
J.P. Morgan, other banks have faced more scrutiny on conflicts policies from OCC J.P. Morgan Chase & Co. is in talks with the Securities and Exchange Commission to settle a probe into whether the bank inappropriately steered private-banking clients to ...
ECB: TARGET2-Securities successfully launched
June 23rd, 2015
TARGET2-Securities (T2S), the Eurosystem’s landmark platform for securities settlement, started live operation this morning A first group of securities depositories and their user communities from Greece, Malta, Romania and Switzerland are now connected to T2S for settlement of euro ...
Lindsey Williams, Martin Armstrong And Alex Jones All Warn About What Is Coming In The Fall Of 2015
June 22nd, 2015
Not since the financial crash of 2008 have so many prominent people issued such urgent warnings about a specific time period. Almost daily now, really big names are coming out with chilling predictions about what they believe is going ...
Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)
June 22nd, 2015
Market operations Substitute purchases by Eesti Pank On 2 June 2015 the Governing Council decided that, owing to the lack of government and agency bonds needed to accommodate the Estonian benchmark allocation under the PSPP, Eesti Pank could conduct ...
