Archives
Monday March 02: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
March 2nd, 2015
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for March 02. Gold Open 1208.80, High 1219.20, Low 1204.10, Close 1213.10, 0.25% Change. Silver Open 16.57, High 16.70… View table below
Monday March 02: OSB G10 Currency Pairs Cheat Sheet & Key Levels
March 2nd, 2015
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for March 02. EURUSD Open 1.1197, High 1.1245, Low 1.1176, Close 1.1191, -0.05% Change. GRBUSD Open 1.5404, High 1.5458… View table below
Bank of England turns up the heat on accounting firms
March 2nd, 2015
The Bank of England would have the power to fine or ban accounting firms from working in financial services under proposals setting out how the UK central bank’s regulation arm will monitor the accounting industry. The proposals from the ...
China’s shares rise after PBOC rate cut
March 2nd, 2015
Shares in China were higher on Monday after the mainland’s central bank unexpectedly cut interest rates at the weekend for the second time since November. Hong Kong’s Hang Seng was up 0.36% at 24,911.91 points in mid-morning trade. Meanwhile, ...
European Banks’ Reciprocity Draws Scrutiny
March 2nd, 2015
When Deutsche Bank AG hired 25 banks last summer to help it raise about $9 billion of new capital, it made some unusual selections. In addition to a handful of Wall Street stalwarts, three Italian banks made the cut. ...
Bundestag votes in favor of Greek extension
February 27th, 2015
“Greece is unable to decide on its own what path to follow”, says the German Minister of Finance German parliament voted in favor of the four month extension of Greek aid, as expected. 542 MPs out of the total ...
Biggest Global Banks Go to Pieces Under Pressure From Regulators
February 27th, 2015
Global regulators have issued dozens of rules aimed at making the biggest banks safer. That’s leading to another result some wanted: making them shrink. HSBC Holdings Plc, Europe’s biggest bank by market value, said this week it’s considering “extreme ...
Baker & McKenzie Advises Siemens on Metals Technologies Joint Venture with Mitsubishi Heavy Industries
February 27th, 2015
Baker & McKenzie acted as Russian counsel for Siemens Aktiengesellschaft on the corporate and commercial aspects of its joint venture with Mitsubishi Heavy Industries, Ltd. (MHI). With this joint venture both partners are forming a globally operating complete provider for plants, ...
Yanis Varoufakis: “We will never leave the euro”
February 27th, 2015
Finance Minister stresses that “for the first time we are becoming the authors of our future” The Minister of Finances Yanis Varoufakis stated that the recent Eurogroup agreement was a major success, in an exclusive interview he gave to Giorgos Padadakis on ANT1. Mr. ...
Bank of England could issue own digital currency
February 27th, 2015
Like its counterparts in the US, the Bank of England is pondering the implications of issuing its own digital currency. The potential of a central bank-backed digital currency is touched on with the publication of the BofE’s ‘One Bank Research ...