Search Results for: ESMA
Ukraine crisis: Kiev faces halt to gas supply
June 16th, 2014
Gazprom has reaffirmed its Monday deadline for Ukraine to pay its debts after talks between Moscow and Kiev ended without agreement. The Russian gas giant said it will cut Ukraine’s supply if Kiev fails to pay $1.95bn (£1.15bn) by ...
SEC Says Investor Accused of Fake Gold Bid Fled to China
June 12th, 2014
The U.S. Securities and Exchange Commission said the man behind a fake $750 million bid for Allied Nevada Gold Corp. (ANV) profited from selling an undisclosed stake in the mining company and has fled the country. Luis Chang and ...
Europe Bankers Cringe at Rising U.S. Fines Amid BNP Probe
June 12th, 2014
HSBC Holdings Plc (HSBA) Chairman Douglas Flint had some advice for bank executives meeting in London last week: Read up on how the U.S. uses financial warfare against its enemies in a foreign-policy shift that’s entangling lenders. Since HSBC ...
EU to Decide Next Week on Irish, Dutch Tax-Breaks Probe
June 6th, 2014
The European Union may open a formal probe as soon as next week into tax breaks that Ireland and the Netherlands use to attract international companies, according to people familiar with the case. The European Commission is scheduled to ...
Sprint and T-Mobile near a deal
June 5th, 2014
Sprint Corp. (S) is nearing an agreement on the price, capital structure and termination fee of an acquisition for T-Mobile US Inc. (TMUS) that could value the wireless carrier at almost $40 a share, people with knowledge of the ...
Gunfire in Karachi, Stocks Drop on Report of Politician’s Arrest
June 4th, 2014
Shops closed and public buses stopped operating in Pakistan’s biggest city a day after U.K. police questioned Karachi’s most powerful political figure as part of a money-laundering investigation. About 400 people blocked one of Karachi’s main streets to protest ...
European Commission urges UK to tax expensive homes more
June 4th, 2014
The European Commission has called on the UK to raise taxes on higher value properties, build more houses and adjust the Help to Buy scheme. In a review of UK economic policies, it said council tax bands should be ...
Draghi tries to Keep Rate-Cut Option Even After June
June 4th, 2014
Mario Draghi is likely to signal that any interest-rate cut this week won’t necessarily be the final one, according to two euro-area central bank officials. The European Central Bank president will probably reiterate his commitment to keep borrowing costs ...
Pimco’s ‘Bond King’ suffers 13th month of outflows at Total Return Fund
June 3rd, 2014
Bill Gross’ Pimco Total Return Fund, the world’s largest bond fund, posted $4.3 billion in net outflows in May, marking its 13th straight month of investor withdrawals despite achieving its best performance in four months, Morningstar data showed on ...
U.S. lawmakers probe Treasury unit’s hiring, will object to Obama nominee
June 3rd, 2014
Two powerful congressmen have opened separate inquiries into whether a Department of the Treasury bureau charged with policing money laundering may have flouted federal hiring rules, including regulations that require military veterans be given preference for government jobs. Darrell ...
