Archives
Nasdaq nears all-time highs as exuberance yields to reason
February 20th, 2015
As the technology-heavy Nasdaq Composite Index closes in on the all-time high it reached in March 2000, investors are facing a market that barely resembles the go-go era of 15 years ago. Valuations, as measured by what investors are willing to ...
Japan stocks shrug off Greece fears
February 20th, 2015
Japanese stocks are rallying further despite concerns Greece may be forced to leave the eurozone should it fail to negotiate a new bailout deal. Germany rejected a Greek request for a six-month extension to its loan programme without austerity reforms, ...
Eurogroup: EU “Trojan Horses” and cracks in the wall
February 20th, 2015
Friday’s Eurogroup is expected to be a tough day of negotiation and a last chance for a “mutually beneficial” situation Finance Minister Yanis Varoufakis’ proposal for a six-month extension of its bailout facility was rejected by Germany that won’t ...
HSBC whistleblower spills Lynch evidence to Senate
February 19th, 2015
Massive drug, terrorism scandal ropes in Obama’s AG nominee The Senate Judiciary Committee on Wednesday conducted a two-hour session with HSBC whistleblower John Cruz in its investigation of attorney general nominee Loretta Lynch’s role in the Obama administration’s decision ...
International payment provider ECommPay becomes VISA Principal Member
February 19th, 2015
In February 2015, VISA’s European Board of Directors granted VISA Principal Member status to payment processing company ECommPay. ECommPay creates state-of-the-art, bespoke payment solutions for e-Commerce merchants, enabling them to make and to accept payments via VISA/MasterCard and China ...
KPMG announces new Centers of Excellence
February 19th, 2015
Aidan Brennan, KPMG International’s Global Head of Management Consulting, has announced the launch of three new Centers of Excellence (CoEs) dedicated to the Customer, Enterprise Performance Management and Supply Chain. These new investments complement KPMG’s well-established centers focused on ...
Hellenic Bank cuts its base interest rates by 1%
February 19th, 2015
1% reduction in the interest rate for credit cards As a result, either the outstanding balance is reduced or the payback period shortened In line with its commitment to support Cypriot households and enterprises, Hellenic Bank is reducing all ...
Greek proposal lifts markets, despite German rejection
February 19th, 2015
A Greek proposal to extend its bailout and not to undermine agreed fiscal targets lifted European stocks to seven-year highs on Thursday and cut government borrowing costs across the euro zone, even though Germany rejected it. Despite the German rejection, Greece’s wording of ...
FCA warning against unauthorised firm
February 19th, 2015
The Financial Conduct Authority (“FCA”) of the United Kingdom would like to alert that: Boiler Room Name: BC Financial Advisors Address: New Burlington House, 1075 Finchley Road, London, NW11 0PU Telephone: 02034756986 Email: info@bcfinancialservicesinc.com is NOT authorised under the ...
Thomson Reuters Expands Equity Index Series with Globally Listed Infrastructure Indices
February 19th, 2015
Asset managers and investors to benefit from proprietary five-level business classification system to track the performance of utilities, transport infrastructure, energy infrastructure and telecommunications infrastructure companies Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, ...
