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Moody’s downgrades three major Russian Financial Institutions

20/01/2015(0)
Moody’s Investors Service has on Monday 19, 2015  downgrades three major Russian Financial Institutions namely Sberbank, Agency for Housing Mortgage Lending OJSC and Vnesheconombank. These actions follow the weakening of ... Read More
swiss banks

Newspapers condone Swiss National Bank’s decision

19/01/2015(0)
The Swiss National Bank’s decision on Thursday to do away with a lower limit of CHF1.20 on the exchange rate for the euro dropped like a bomb on pretty ... Read More
Money Laundering placemen

The first stage in the washing cycle – Placement (video)

19/01/2015(0)
Placement Placement is the first stage of the money laundering process. It is the process of placing, through deposits or other means, unlawful cash proceeds into traditional financial institutions. ... Read More
Russian-Flag

Russia Abandons PetroDollar By Opening Reserve Fund

16/01/2015(0)
2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. ... Read More
european-stocks

Swiss Stocks Tumble, European Equities Rise After SNB

15/01/2015(0)
Stocks in Switzerland tumbled, led by the nation’s exporters, while the Euro Stoxx 50 Index rose, after the Swiss National Bank (SNBN) unexpectedly ended its minimum exchange rate. The ... Read More
deutsche-bank

Deutsche Bank considers retail bank spin-off

15/01/2015(0)
Deutsche Bank is considering spinning off its retail banking operations as regulators push Germany’s biggest lender to lower its debt levels and stop it using deposits collected from consumers ... Read More
china stocks

Chinese Companies, Investors Move Money Back Home

15/01/2015(0)
Shares of Chinese companies are soaring at home but stumbling overseas, and one reason is fast-trading Chinese investors. That is leading some companies and investors to shift money back ... Read More
Russia image

Russian Assets Nearing Buying Range, Investment Adviser Says

14/01/2015(0)
Russian assets are approaching levels where they would be attractive to buy, investment adviser Marc Faber — writer of the Gloom, Boom & Doom Report — said Tuesday. Western ... Read More
oil pipes

OPEC vs. U.S.: Who will blink first on oil?

14/01/2015(0)
The Merriam-Webster dictionary offers this definition for the word capitulate: “to stop fighting an enemy or opponent; to admit that an enemy or opponent has won.” I’m not sure ... Read More
EU-stocks

Europe Stocks Gain as Retailers Rise, U.K. Prices Miss Forecasts

13/01/2015(0)
European stocks advanced for a second day, as retailers climbed and data showed U.K. inflation fell to the lowest level in 15 years. The Stoxx Europe 600 Index added ... Read More
Broker Cyprus TopFX