Search Results for: BP

Can This Be Good? China Looks To Build Out Risky Derivatives Market

June 2nd, 2014 (0)
The asset backed securities that sunk the U.S. economy, namely the complicated financial products known as mortgage backed securities, is a market China wants to consider opening up to…Americans. Well, not just Americans, but any multinational investment bank with ...

BNP Fine Puts Pressure on Hollande to Act

June 2nd, 2014 (0)
A potential $10 billion U.S. penalty against France’s largest bank BNP Paribas SA (BNP) for its alleged dealings with Iran and other sanctioned nations, is stirring outrage in the country. It is putting pressure on President Francois Hollande, who hosts ...

The Return of Moderation: Sea of Tranquility

May 29th, 2014 (0)
Volatility has disappeared from the economy and markets. That could be a problem. A decade ago, the business cycle was an endangered species. Recessions in the rich world had become rare, shallow and short; inflation was predictably low and ...

CySec imposes administrative fine of €14.000

May 26th, 2014 (0)
CySec announcement dated 26 May 2014 The Cyprus Securities and Exchange Commission informs the investors that, at its meeting held on 10.02.2014 , decided to impose the administrative fine of €14.000 in total against “DFG Capital (Cyprus) Ltd” (‘the Company’) for breaching ...

Dollar better bid after data, euro hobbled by rate cut view

May 23rd, 2014 (0)
The dollar hovered at one-week highs against the yen and held its ground on the euro early on Friday, having drifted up broadly after promising U.S. housing and factory activity data gave Treasury yields a bit of a lift. ...

U.S. authorities reportedly investigating Bitcoin businesses for connections to Silk Road

May 21st, 2014 (0)
Wall Street Journal reports that U.S. authorities are apparently renewing investigations into Bitcoin businesses and any potential connections to criminal activity. Specifically, renewed interest has surfaced in who else may have been connected to Silk Road, the shuttered online ...

Springtime for Bankers

May 19th, 2014 (0)
By any normal standard, economic policy since the onset of the financial crisis has been a dismal failure. It’s true that we avoided a full replay of the Great Depression. But employment has taken more than six years to ...

Credit Suisse Said Close to Guilty Plea, $2.5 Billion Accord With U.S.

May 16th, 2014 (0)
Credit Suisse Group AG (CSGN) is close to reaching an agreement to plead guilty and pay about $2.5 billion to the U.S. Justice Department and regulators to resolve investigations into whether it helped Americans evade taxes, three people familiar ...

Geithner Must Give S&P Documents in U.S. Fraud Suit

May 14th, 2014 (0)
Ex-U.S. Treasury Secretary Timothy Geithner must comply with Standard & Poor’s demand that he provide documents related to its claim the U.S. sued the company in retaliation for downgrading government debt. Harold W. McGraw III, chairman of S&P parent ...

What Beats by Apple would mean for music, and you

May 12th, 2014 (0)
It’s an odd pairing, really, the gadget-obsessed tech giant from Silicon Valley teaming up with hip-hop super producer Dr. Dre and music mogul Jimmy Iovine. But late Thursday, reports surfaced that a $3.2 billion deal was in the works ...
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