Search Results for: tax
Six people arrested in BoB forex fraud case
October 14th, 2015
Bank’s branch head, forex ops chief among those held Six persons, including Bank of Baroda’s branch head at Ashok Vihar, New Delhi, and an HDFC Bank employee, were arrested on Tuesday in connection with trade-based mechanism to launder money ...
JP Morgan profit misses expectations
October 14th, 2015
Wall Street banking giant JP Morgan Chase reported higher profits in the three months to September but still missed analysts’ expectations. The largest US bank by assets posted a net income of $6.8bn (£4.5bn), up from $5.5bn during the same period ...
Where Is the First Helicopter Drop of Money Likely to Land? (Video)
October 13th, 2015
So what’s left in the toolbag of central banks and states to stimulate recessionary economies if QE has been discredited? The answer: Helicopter Money. We all know helicopter money of some kind is coming as the global economy spirals into recession. Quantitative ...
The Eurozone Crisis: Crystalizing the Narrative
October 13th, 2015
The economy of the eurozone makes the US economy look like a picture of robust health by comparison. Richard Baldwin and Francesco Giavazzi have edited The Eurozone CrisisA Consensus View of the Causesand a Few Possible Solutions, a VoxEU.org book ...
Regulatory authorities of Italy and Belgium warn the public for unauthorised investment firms
October 13th, 2015
The Commissione Nazionale per le Società e la Borsa (Consob), the regulatory authority of Italy and the Financial Services and Markets Authority (FSMA), the regulatory authority of Belgium, have issued “Warning” announcements to inform investors and public for companies ...
Proposed sale of Frank Russell company’s asset management business
October 12th, 2015
London Stock Exchange Group plc (“LSEG”) today announces that it has agreed the proposed sale of Frank Russell Company’s asset management business (“Russell Investments”) to TA Associates for gross proceeds of US$1,150 million (£752 million1) in cash, subject to ...
Nobel Prize in Economics for 2015 awarded to Angus Deaton
October 12th, 2015
The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2015 to Angus Deaton, Princeton University, NJ, USA “for his analysis of consumption, poverty, and welfare”. Consumption, ...
Big Banks, Serious Trouble
October 12th, 2015
It turns out that the world of ZIRP/NIRP isn’t the banking paradise that some thought it would be. See Why The Big Banks Want Higher Interest Rates. Whether the problem is with low interest rates themselves or the fact ...
Why Are The IMF, The UN, The BIS And Citibank All Warning That An Economic Crisis Could Be Imminent?
October 9th, 2015
The warnings are getting louder. Is anybody listening? For months, I have been documenting on my website how the global financial system is absolutely primed for a crisis, and now some of the most important financial institutions in the ...
Ferrari Said to Push for $12.4 Billion Valuation in IPO
October 9th, 2015
IPO price range said set to be published as soon as Friday Supercar maker plans to increase deliveries by 25 percent Ferrari’s coveted status as a maker of cars for the super rich is helping push up its value ...
