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Deutsche Bank Said to Find Improper Communication in FX Case

April 10th, 2014 (0)
Deutsche Bank AG (DBK) put a London-based currency saleswoman on leave last month for inappropriate communication with the Monetary Authority of Singapore, a person familiar with the matter said. No other details on Kai Lew’s communications with MAS were ...

European Stocks Rise After Two-Day Drop; Kingfisher Gains

April 9th, 2014 (0)
European stocks advanced, after the region’s equities posted their first back-to-back losses in more than three weeks. U.S. index futures were also little changed, while Asian shares outside Japan rose. Kingfisher Plc (KGF) added 1.5 percent as UBS AG ...

European Stocks Are Little Changed Amid Ukraine Tension

April 8th, 2014 (0)
European stocks were little changed, after dropping yesterday from a six-year high, as investors weighed escalating tensions between America and Russia over the future of eastern Europe. U.S. index futures and Asian shares were also little changed. Suedzucker AG ...

China Announces Further Tax Break For Small Business

April 7th, 2014 (0)
In an effort to underpin China’s economic growth rate, the State Council meeting on April 2, which was chaired by Premier Li Keqiang, agreed a package of measures that included additional tax cuts for micro and small-sized enterprises. Micro ...

FCA on advisory firms

April 7th, 2014 (0)
The Financial Conduct Authority’s (FCA), has issued a press release arguing that too many advisory firms are not being clear with consumers on how much advice costs, the type of service they offer (whether it is restricted and the ...

NY bank regulator Lawsky seeks documents from Credit Suisse: source

April 7th, 2014 (0)
Benjamin Lawsky, New York’s financial services superintendent, has sought documents from Credit Suisse to examine whether Switzerland’s second-biggest bank lied to New York authorities about engineering tax shelters, said a source familiar with the matter. Switzerland’s private banking model ...

Asian Stocks Snap 8-Day Winning Streak Led by Industrials

April 7th, 2014 (0)
Asian stocks fell for the first time in nine days, snapping the longest winning streak on the regional gauge this year, with telecommunication and technology shares leading declines. Naver Corp. slumped 6.3 percent in Seoul, SoftBank Corp. lost 4.5 ...

EU Enacts 10-Year Auditor Rotation

April 4th, 2014 (0)
The European Parliament today enacted new rules requiring public companies to change auditors after a maximum of 10 years. EU member countries can decide to extend the 10-year auditor rotation period for up to 10 more years if companies ...

USD/JPY is calm before the storm

April 4th, 2014 (0)
Pair’s Outlook The bullish momentum we have been observing this week disappeared as the pair approached a key resistance represented by 104. But there are also fundamental reasons that keep traders from making bets for now, namely NFP. Once ...

Fire TV: Amazon’s $99 set top box looks to rival Google and Apple

April 3rd, 2014 (0)
Amazon has entered the battle for remote control of the living room with a $99 television set top box that will give instant access to more than 200,000 films and television series, from Reservoir Dogs to Game of Thrones. ...
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