Search Results for: Fed
U.S. Banks Say Soaring Dollar Puts Them at Disadvantage
February 9th, 2015
Firms Say They May Be Forced to Hold More Capital Than Foreign Rivals The strengthening U.S. dollar is rippling through the financial system in unexpected ways, revealing what bankers say is a hidden flaw in a Federal Reserve proposal ...
HSBC files show how Swiss bank helped clients dodge taxes and hide millions (Video)
February 9th, 2015
Data in massive cache of leaked secret bank account files lift lid on questionable practices at subsidiary of one of world’s biggest financial institutions. HSBC’s Swiss banking arm helped wealthy customers dodge taxes and conceal millions of dollars of ...
Asian markets mostly down on China exports
February 9th, 2015
Asian markets traded mostly lower on Monday as surprisingly weak trade data from the world’s second largest economy, China, dented investor confidence. Figures released on Sunday showed exports were up 3.3% in January from a year ago, while imports ...
Bottom Line for S&P 500 Is Top Line as Price-Sales Ratio Expands
February 9th, 2015
The bottom line for this bull market may turn out to be the top line. After a six-year run in the Standard & Poor’s 500 Index, corporate revenue, not corporate profits, is flashing red. Judged against sales, the index ...
UBS Faces a New Tax-Evasion Probe
February 5th, 2015
Authorities Investigate Whether Swiss Bank’s Clients Used ‘Bearer Securities’ to Hide Cash Federal prosecutors have launched a new probe into whether Swiss bank UBS AG helped Americans evade taxes through investments largely banned in the U.S., according to people familiar with ...
‘Currency war’ to be ‘lose-lose’ game: Strategist (video)
February 4th, 2015
With each fresh headline of a central bank cutting interest rates comes rising concerns over the global race to the bottom. As the U.S. contemplates coming off policies that suppressed the dollar’s value, its counterparts are heading in the ...
European Central Bank resists latest Greek bailout plan
February 4th, 2015
The European Central Bank is resisting a key element of the Greek government’s new rescue plan, potentially leaving Athens with no source of outside funding when its international bailout expires at the end of the month. Yanis Varoufakis, Greek ...
Markets advance as oil rebounds
February 3rd, 2015
US markets recorded solid gains on Monday after a choppy trading session as investor sentiment improved with rebounding oil prices. Energy sector shares led the gains. Markets discounted disappointing economic news. The ISM report showed that manufacturing activity slowed ...
ICAP Information Services launches the ICAP Bond Correlated Call US Treasury Index
February 3rd, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that ICAP Information Services (IIS), the information division of ICAP, has launched the ICAP Bond Correlated Call (BCC) US Treasury ...
Dukascopy: Changes in the swap-free conditions
February 3rd, 2015
Dukascopy Bank‘s Overnight Policy is aimed at providing highly competitive rollover conditions to its clients in order to underline the Bank’s leadership in the FX industry. Dukascopy Bank applies different rollover rates to ensure that higDukascopy Bank’s Overnight Policy ...
