market news

Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

An alternative oil investment that hinges on infrastructure needs

15/12/2014(0)
The sharp decrease in oil prices over the past six months undoubtedly has pained advisers and investors interested in the energy sector. Oil prices dropped sharply last week, reaching ... Read More
swiss banks

Switzerland bows to pressure; Tightens money-laundering rules

15/12/2014(0)
The Swiss Parliament has bowed to international pressure, tightening the country’s money-laundering rules. There will be a CHF100,000 ($104,000) cap on cash transactions, and not just foreign dictators, but ... Read More
swift

SWIFT’s KYC Registry goes live for correspondent banks worldwide

15/12/2014(0)
SWIFT announces that The KYC Registry is now available to banks seeking to increase efficiency and reduce risk related to their correspondent banking Know Your Customer (KYC) compliance activities. ... Read More
The-US-Federal-Reserve-007

Federal Reserve will decide this week for widen the door for interest rate hikes next year

15/12/2014(0)
Federal Reserve officials will decide this week whether to make a critical change to their policy statement that would widen the door for interest rate hikes next year and ... Read More
safecharge logo

SAFECHARGE acquires CREDITGUARD LTD

12/12/2014(0)
SafeCharge (AIM: SCH), a leader in advanced payment technologies, today announces the acquisition of CreditGuard Ltd (“CreditGuard”), for an initial cash consideration of US$8 million (NIS 31.4 million) and ... Read More
Lending club logo

Lending Club: The shares of the world’s largest peer-to-peer lender

12/12/2014(0)
Shares in Lending Club, the world’s largest peer-to-peer lender, have surged 56% to $23.43 (£15) per share in their New York Stock Exchange debut. That values the firm at ... Read More
Four-US-Banks

Barclays among 10 banks fined for abusing research to win deals

12/12/2014(0)
TEN GLOBAL banks were fined a total of $43.5m (£27.7m) by US regulator Financial Industry Regulatory Authority (FINRA)  yesterday for their attempts to misuse analysts’ research to gain lucrative jobs on Toys ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Oil Extends Drop Below $60 as Producers Tussle for Market Share

12/12/2014(0)
Oil extended losses below $60 a barrel amid speculation that OPEC’s biggest members will defend market share against U.S. shale producers. Brent also slid after closing at the lowest ... Read More
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London FinTech stars join Tech City UK’s Future Fifty scheme as booming digital finance sector steals the spotlight

11/12/2014(0)
The capital’s crown as the financial technology epicentre of the world will be reaffirmed today as seven of London’s rising FinTech stars will join the government-backed Future Fifty scheme. ... Read More
Greece

Worst Greek Stock Slump Since 1987 Proves Bears Right: Options

10/12/2014(0)
Investors began giving up on Greek stocks even before the latest rout. A U.S. exchange-traded fund tracking the nation’s equities has had a record streak of redemptions, losing money ... Read More
Broker Cyprus TopFX