Search Results for: EBA
Cuba acts to draw more foreign investors
March 31st, 2014
Few would say Cuba is an easy place to do business, but a new law aimed at bringing pep to an anemic economy may lure more foreign investors. Cuban lawmakers Saturday approved an international investment measure. Vice President Marino ...
Italians Join Greeks Selling Bank Stock to Once-Wary Investors
March 27th, 2014
Eight Italian banks are preparing to sell at least 8 billion euros ($11 billion) of stock to shore up their balance sheets, as nations shunned during the sovereign-debt crisis return to favor with investors. Leading the pack is Banca ...
Reserve Bank of New Zealand: Coordination of Monetary and Macro-Prudential Policies
March 27th, 2014
The Reserve Bank of New Zealand, sees a case to coordinate its monetary and macro-prudential policies, such as loan to value ratios, when the effects of those policies overlap, Deputy Governor Grant Spencer says in a speech today to ...
‘Big six’ face competition inquiry
March 27th, 2014
Regulators will investigate whether the “big six” UK energy suppliers are preventing effective competition in the UK energy market. The investigation will be by the Competition and Markets Authority (CMA) and is expected to take 18 months. Regulators have ...
SEC Probes Threat From Cyber Attacks Against Wall Street
March 27th, 2014
The U.S. Securities and Exchange Commission is examining the exposure of stock exchanges, brokerages and other Wall Street firms to cyber-attacks that have been called a threat to financial stability. The SEC held a roundtable discussion of those risks ...
Take Cover Against Tax Season Violence
March 21st, 2014
The threat of violence against professional tax return preparers is real. According to an item in the Minneapolis StarTribune on February 28, a man accompanying a female client to a meeting at Tax City Tax Service, a tax preparation ...
Microsoft Acknowledges Looking Inside Blogger’s Hotmail Inbox And Reading IM To Track Source Of Leaked Company Information
March 21st, 2014
Microsoft (NASDAQ:MSFT) admitted Thursday that it had read the contents of a blogger’s Hotmail inbox in an effort to identify an employee who was suspected of leaking confidential company information. According to John Frank, deputy general counsel for Microsoft, ...
How Suntech, Chinese Solar Giant, Was Snared In An Italian Fraud Scandal
March 21st, 2014
As 2008 began, the future looked brilliant for green energy giant Suntech Power and its high-flying founder, Shi Zhengrong. Suntech was one of the world’s largest makers of solar panels, the first non-state-owned Chinese company traded on the New ...
Readers Sound Off: Are Leases Debt?
March 18th, 2014
On the eve of a new accounting standard, readers vigorously debate whether operating leases can be considered leverage. With the world’s leading accounting standards setters on the verge of voting in a new lease accounting regime beginning at a ...
East-West standoff complicates any IMF deal for Ukraine
March 17th, 2014
Ukrainian bond prices are holding up better than expected in the stand-off with Russia because investors think the International Monetary Fund might not impose tough conditions in an expected aid programme due to Kiev’s political importance to the West. ...
