Search Results for: Euro area
Greece: Now the crisis threatens to erupt again – Creditors withhold some €12 billion in funds promised
November 12th, 2015
Greece’s Quiet Crisis Support for supply-side reforms remains as elusive as ever Maybe Athens can’t help itself. No sooner had Alexis Tsipras’s government agreed to a last-minute deal to save the Greek economy from collapse than it began backsliding ...
Banks May Get Extra Time to Soften Up EU Financial-Market Rules
November 11th, 2015
European Commission considers postponing MiFID II start date Delay isn’t set in stone, European Parliament’s Ferber says Financial companies pushing back against Europe’s post-crisis market rule book for the past five years may get more time to chip away ...
‘Brexit’ Wouldn’t Be Disaster for U.K., Says UBS Chairman
November 11th, 2015
Axel Weber said Britain would probably get a good deal if it voted to leave The chairman of one of Europe’s biggest banks said Tuesday that if the U.K. decided to leave the European Union it probably wouldn’t deal ...
David Cameron sets out EU reform goals
November 10th, 2015
David Cameron has outlined his four goals for reforming the UK’s membership of the EU, including restrictions on benefits for people coming to the UK. He said Britain faced a “huge decision” in the in/out referendum promised before the ...
Citi Launches Wealth Institute for Top Advisors
November 10th, 2015
Citigroup‘s top financial advisors are headed back to school. The global banking giant has formed an institute in partnership with The Wharton School of the University of Pennsylvania that opens its doors next month in Philadelphia and Beijing. The ...
Spain: EUR 10 million loan under InnovFin for Danobat RDI activities
November 9th, 2015
The European Investment Bank (EIB) has signed a EUR 10 million agreement with Danobat S. Coop. for its RDI activities in the field of machine tools. EIB Vice-President Román Escolano and DanobatGroup’s CEO Iñigo Ucín Azcue signed the finance ...
CFTC Releases Annual Enforcement Results for Fiscal Year 2015
November 9th, 2015
Agency Filed 69 Enforcement Cases and Achieved a Record $3.14 Billion in Civil Monetary Penalties Ordered The U.S. Commodity Futures Trading Commission (CFTC) today released the agency’s enforcement results for fiscal year (FY) 2015, which included a record $3.144 ...
Greece, Creditors Said to Need a Few More Days to Reach Aid Pact
November 9th, 2015
Update: Greece and its European Union creditors need a few more days to reach an agreement that would release an aid payment of 2 billion euros ($2.2 billion), according to an EU official with knowledge of the talks. The ...
Why Buffett Invested in Solar
November 5th, 2015
With oil prices down so much over the last year, you have to wonder why someone as smart as Warren Buffett would make a large investment in solar energy. But the fact is he has. Berkshire Hathaway has ...
Commodities Trader Found Guilty in ‘Spoofing’ Case
November 4th, 2015
Michael Coscia faces up to 25 years in prison with sentencing scheduled for March A Chicago jury found a New Jersey-based commodities trader guilty of 12 counts of fraud and manipulating the futures market on Tuesday in a major ...
