9 November, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: More than 2 million Catalans vote for independence
The Wall Street Journal: More than 2 million Catalans vote for independence
Some 2.2 million Catalans voted for independence on Sunday, though the nonbinding vote was dismissed by the Spanish government.
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9 November, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Bonus season won’t bring much cheer to traders, hedge-fund employees
The Wall Street Journal: Bonus season won’t bring much cheer to traders, hedge-fund employees
While investment bankers will see bonuses rise as much as 15%, fixed-income and stock traders may see their own bonuses fall as much as 15% from a year ago.
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9 November, 2014 by The TZ Newswire Staff Comments Off on Currencies: Dollar down against yen as Tokyo stocks retreat
Currencies: Dollar down against yen as Tokyo stocks retreat
As the week begins, investors are taking profits on the recent strength of the dollar in the wake of weaker-than-expected jobs data.
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9 November, 2014 by The TZ Newswire Staff Comments Off on G20 proposes buffer to end too big to fail banks
G20 proposes buffer to end too big to fail banks
The draft rule is the last major piece of banking reform put forward by world leaders since the 2007-09 financial crisis forced taxpayers to shore up undercapitalised lenders. The Financial Stability Board (FSB), made up of regulators from the Group of 20 economies (G20), said global banks like Goldman Sachs (GS.N) and HSBC (HSBA.L) should have a buffer of bonds or equity equivalent to 16 to 20 percent of their risk-weighted assets from January 2019.
9 November, 2014 by The TZ Newswire Staff Comments Off on G20 proposes buffer to end too big to fail banks
G20 proposes buffer to end too big to fail banks
The draft rule is the last major piece of banking reform put forward by world leaders since the 2007-09 financial crisis forced taxpayers to shore up undercapitalised lenders. The Financial Stability Board (FSB), made up of regulators from the Group of 20 economies (G20), said global banks like Goldman Sachs (GS.N) and HSBC (HSBA.L) should have a buffer of bonds or equity equivalent to 16 to 20 percent of their risk-weighted assets from January 2019.
9 November, 2014 by The TZ Newswire Staff Comments Off on China’s Xi and Japan’s Abe hold landmark meeting
China’s Xi and Japan’s Abe hold landmark meeting
Chinese President Xi Jinping and Japanese Prime Minister Shinzo Abe held formal talks on Monday, offering a breakthrough in the row between Asia’s biggest economies.
9 November, 2014 by The TZ Newswire Staff Comments Off on China’s Xi and Japan’s Abe hold landmark meeting
China’s Xi and Japan’s Abe hold landmark meeting
Chinese President Xi Jinping and Japanese Prime Minister Shinzo Abe held formal talks on Monday, offering a breakthrough in the row between Asia’s biggest economies.