Search Results for: financial markets
The accountancy profession in Colombia: ACCA and EAN University in Bogota signed an agreement
August 21st, 2015
ACCA has issued a press release to inform that, a Memorandum of Understanding has been signed between EAN University in Bogota, Colombia, and ACCA (the Association of Chartered Certified Accountants) to develop the accountancy profession in the South American ...
Oil Poised for Longest Weekly Losing Streak Since 1986 Amid Glut
August 21st, 2015
Oil headed for the longest run of weekly declines in almost three decades on signs the supply glut that drove prices to a six-year low will be prolonged. Futures fell as much as 1.6 percent in New York, set ...
European Banks to Sell a Record $154 Billion of Loans, PwC Says
August 20th, 2015
European banks are set to divest a record 139 billion euros ($154 billion) of loans this year, led by the U.K., as the industry accelerates asset sales to meet new rules, according to PricewaterhouseCoopers LLP. Banks have offloaded 54.5 ...
Russia, China to Create Entirely Different Gold Market
August 20th, 2015
While key Western banks are artificially restraining gold prices to breathe life into the diluted and devalued dollar system, Russia, China and other emerging economies are involved in “the genial move” to establish an entirely different gold market, F. ...
CFTC Orders Swap Dealer to Pay $200,000
August 20th, 2015
CFTC Orders Swap Dealer INTL FCStone Markets, LLC to Pay a $200,000 Civil Monetary Penalty for Failure to Supervise Swaps Trading in Violation of CFTC Regulation 23.602 The U.S. Commodity Futures Trading Commission (CFTC) filed and simultaneously settled charges ...
China’s devaluation may be bad news for FX industry
August 19th, 2015
China’s currency devaluation should give a shot in the arm to global foreign exchange volumes as traders take advantage of and protect themselves against the surprise surge in volatility, but its longer-term impact on market activity may not be ...
SEC Charges BNY Mellon With Foreign Corrupt Practices Act Violations
August 19th, 2015
The Securities and Exchange Commission announced that BNY Mellon has agreed to pay $14.8 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA) by providing valuable student internships to family members of foreign government officials ...
23 Nations Around The World Where Stock Market Crashes Are Already Happening
August 18th, 2015
You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing. Most of these stock market crashes are occurring in nations ...
Saudi Arabian stocks tumbled entering a so-called death cross
August 18th, 2015
Saudi Stocks Sink Into Death Cross as IMF Sees Growth Slowing Saudi Arabian stocks tumbled, entering a so-called death cross, after the International Monetary Fund said the drop in oil prices may force spending cuts and curtail the kingdom’s ...
British banks facing billions in fines over forex-rigging scandal
August 18th, 2015
British banks could face billions of pounds of civil claims over the rigging of the ‘wild west’ foreign exchange markets following a landmark court case in New York. Barclays, HSBC and Royal Bank of Scotland were among nine banks ...
