-
By Marlene Y. Satter, AdvisorOne |
March 14, 2013
While it would change some of Switzerland's business practices, the country’s acceptance of international standards would be to its advantage
-
By Bob Clark, AdvisorOne |
January 11, 2013
A cynical observer might think the impetus for the newly "fiduciary conscious" FINRA's proposed rulemaking was to discourage brokers from demanding bonuses when they switch broker-dealers.
-
By Marlene Y. Satter, AdvisorOne |
October 19, 2012
Imports of gold look set to climb after a long drought, as domestic bullion prices have fallen and the festivals that boost gold fever gear up and give a lift to investor and consumer interest.
-
By Marlene Y. Satter, AdvisorOne |
September 14, 2012
Kweku Adoboli, the so-called rogue trader of UBS who lost $2.3 billion in unauthorized trades, went on trial in London, and the prosecutor said the scale of his gambling put ‘the very existence of the bank at risk.’
-
By Marlene Y. Satter, AdvisorOne |
August 1, 2012
Wealthy Asians have lost confidence in not just private banks but also investment products and low returns since the market woes of 2008.
-
By Marlene Y. Satter, AdvisorOne |
July 6, 2012
An investigation into the rigging of Libor has been set by the British Parliament as the City of London worries that its reputation as the world’s top financial center has been damaged beyond repair.
-
By Marlene Y. Satter, AdvisorOne |
July 5, 2012
Moody’s cuts Barclays' outlook; investors may be on the hook for losses.
-
By Marlene Y. Satter, AdvisorOne |
July 4, 2012
Documents released by the bank indicate that he may have been given tacit approval by Paul Tucker, deputy BoE governor, to adjust Libor rates to be more in line with other banks after Whitehall expressed concern lest Barclays appear to be in trouble.
-
By Marlene Y. Satter, AdvisorOne |
May 1, 2012
The largest publicly traded hedge fund manager in the world, Man Group, saw net outflows of $1 billion in Q1 and reported a net drop in cash that made analysts wonder if it is spending too much.
-
By Marlene Y. Satter, AdvisorOne |
September 20, 2011
Bank of China and another Chinese bank have stopped interest rate swaps and foreign exchange trading with a number of foreign banks, reducing their exposure to the euro zone.