Search Results for: financial markets
BNP Is Considering Its Biggest Bank Revamp Since the Crisis
July 30th, 2015
BNP Paribas SA is considering a reorganization of its securities unit that may bring the deepest cost cuts since the financial crisis. France’s largest bank enlisted Oliver Wyman and Boston Consulting Group to work on the revamp, dubbed “CIB ...
The UAE: On the road to economic development
July 30th, 2015
In the past two years, the UAE has achieved three major milestones on the journey towards a sustainable and diverse economy. In 2014, the UAE’s stock exchanges were upgraded from ‘Frontier’ to ‘Emerging’ market status by the global markets ...
Investment Technology Group (ITG) in talks to settle SEC Probe and announces preliminary Second Quarter Earnings
July 30th, 2015
ITG announces Preliminary Second Quarter 2015 Earnings Guidance, including Reserve for Probable SEC Settlement The firm informs that expects its results for the second quarter of 2015 to be a GAAP net loss of $10.2 million, or $0.30 per ...
Asian shares, dollar up on Fed’s optimism; earnings in focus
July 30th, 2015
Asian stocks tiptoed higher on Thursday and the dollar consolidated recent gains after the U.S. Federal Reserve painted a relatively bright picture of the economy, but a deepening sell-off in commodities kept gains in check. Prospects of stronger U.S. ...
Bank of Russia Halts Foreign-Currency Purchases, as Ruble Hits Five-Month Lows
July 30th, 2015
Central bank stops buying U.S. dollars for reserves in bid to balance inflation and growth measures Russia’s central bank, whose credibility has been tested over the past year by runaway inflation and a volatile currency, is coming sharply into ...
Fed leaves interest rates unchanged
July 30th, 2015
With Wall Street looking for any clues that tighter policy is coming, the Federal Reserve on Wednesday declined to raise interest rates or provide any clues about when a hike is on the way. In a move widely expected ...
Tradier Inc., the Fastest-Growing Brokerage API Company Reaches New Milestone
July 29th, 2015
Tradier Inc., the Fastest-Growing Brokerage API Company Reaches New Milestone with over 75 Investor Platforms and Advisors integrating with its API Investor Platforms Elevate Offerings by Integrating with Tradier to Enable Seamless Access to Brokerage Technology Tradier, Inc., the ...
China: Major Devaluation Coming
July 28th, 2015
The whole “market economy” thing is turning out to be a little trickier than China’s dictators expected. To set up the story: After the 2008 crash the country borrowed about $15 trillion (an amount that dwarfs the US Fed’s ...
IMF reports: Euro Area Recovering, But Lasting Growth Requires Collective Push
July 28th, 2015
Euro area recovering but stronger growth needed to boost jobs More balanced policy mix can generate large growth dividends Cleaning up bad bank loans can help support more lending and investment The euro area recovery is strengthening, but the ...
The alpha and beta of smart investing in troubled times
July 28th, 2015
With better returns than passive funds at a lower cost than actively managed funds, smart beta vehicles are increasingly available and becoming more popular Even in normal times, individual and institutional investors alike have a hard time figuring out ...
