22 February, 2015 by The TZ Newswire Staff Comments Off on Amid slump in Venezuela, Maduro is after his critics
Amid slump in Venezuela, Maduro is after his critics
Faced with tumbling approval ratings, President Nicolás Maduro is intensifying a crackdown on his opponents, the NYT reports.
22 February, 2015 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold prices drift lower with Greece eyed
Metals Stocks: Gold prices drift lower with Greece eyed
Gold prices showed no signs of bouncing back after last week’s near-2% decline as a flood of economic data and the winding down of earnings season could inject some volatility in metals trading in the coming days
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22 February, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil rises marginally, gains capped by high U.S. supplies
Futures Movers: Oil rises marginally, gains capped by high U.S. supplies
Oil struggles to stay positive as investors continue to fret about excess crude in the U.S.
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22 February, 2015 by The TZ Newswire Staff Comments Off on Ukraine fears of war spread after city blast
Ukraine fears of war spread after city blast
Ukraine said it feared unrest could spread beyond territory held by pro-Russian separatists, after an explosion killed two people.
22 February, 2015 by The TZ Newswire Staff Comments Off on Pattern of Disobedience at Direct Edge Said to Spur Record Fine
Pattern of Disobedience at Direct Edge Said to Spur Record Fine
The record fine recently slapped on two U.S. stock exchanges was the result of a history of failing to meet regulators’ demands, according to people familiar with the matter.
22 February, 2015 by The TZ Newswire Staff Comments Off on Rothschild eyes early bonuses to avoid possible tax
Rothschild eyes early bonuses to avoid possible tax
Rothschild, the investment bank, is considering paying its 2014 bonuses early to avoid the extra taxes Labour has vowed to introduce, the FT reports.
22 February, 2015 by The TZ Newswire Staff Comments Off on Bank of America chips away at brokerage industry truce
Bank of America chips away at brokerage industry truce
Now Bank of America BAC.N Merrill Lynch, one of the founding signers of the truce, is taking steps to erode the agreement, industry lawyers say. The bank is making it harder for brokers to take some of their clients with them when they leave Merrill Lynch—specifically, clients that were referred to the broker by a Bank of America branch. Brokers in recent months have been asked to sign contracts saying that if they leave Merrill Lynch, they can’t take the names or phone numbers of those customers with them, because those clients belong to the bank.