Search Results for: Fed
Davos 2016: eight key themes for the World Economic Forum
January 19th, 2016
Political and business leaders gather at Swiss ski resort to discuss issues including robots, terrorism, migration and inequality The world’s political and business leaders, plus the usual smattering of celebrities – including Leonardo DiCaprio – are heading to Davos, ...
SEC Awards Whistleblower More Than $700,000 for Detailed Analysis
January 18th, 2016
The Securities and Exchange Commission announced a whistleblower award of more than $700,000 to a company outsider who conducted a detailed analysis that led to a successful SEC enforcement action. “The voluntary submission of high-quality analysis by industry experts ...
The Financial Apocalypse Accelerates As Middle East Stocks Crash To Begin The Week
January 18th, 2016
It looks like it is going to be another chaotic week for global financial markets. On Sunday, news that Iran plans to dramatically ramp up oil production sent stocks plunging all across the Middle East. Stocks in Kuwait were ...
BATS Global Markets reports record 2015 Market Share
January 18th, 2016
BATS Global Markets reports record 2015 Market Share in U.S Equities, Options and ETF Trading; Remains #1 Europe Stock Market More Than Doubles the Number of ETFs Listed on Its U.S. Market in 2015, Bringing Total Number to ...
Austrians get (some) mainstream credibility
January 15th, 2016
Well, well: who would have believed it. First the Bank for International Settlements comes out with a paper that links credit booms to the boom-bust business cycle, then Britain’s Adam Smith Institute publishes a paper by Anthony Evans that ...
Twitter sued by U.S. widow for giving voice to Islamic State
January 15th, 2016
Twitter Inc (TWTR.N) is being sued by the widow of an American killed in Jordan who accuses the social media company of giving a voice to Islamic State, adding to the pressure to crack down on online propaganda linked ...
SEC Charges Goldman Sachs
January 15th, 2016
SEC Charges Goldman Sachs With Improper Securities Lending Practices The Securities and Exchange Commission announced that Goldman, Sachs & Co. has agreed to pay $15 million to settle charges that its securities lending practices violated federal regulations. According to the ...
Planned valued added tax of up to 5% in 2018 awaits GCC approval
January 14th, 2016
A planned value added tax on goods and services will range between 3 to 5 per cent when it comes online in 2018. It could help to replenish regional coffers following a steep decline in the price of oil, ...
SEC Charges 11 Bank Officers and Directors With Fraud
January 14th, 2016
The Securities and Exchange Commission today announced fraud charges against 11 former executives and board members at Superior Bank and its holding company involved in various schemes to conceal the extent of loan losses as the bank was faltering ...
Societe Generale predicts collapse of the eurozone
January 14th, 2016
Societe Generale seconds RBS doomsday prophecy and predicts collapse of the eurozone Albert Edwards, a strategist at Société Générale bank, has warned of an impending global financial crisis similar to the one that occurred in 2008-09. This time, he ...