28 July, 2015 by The TZ Newswire Staff Comments Off on Banks fail to persuade regulators to dilute new buffer rules
Banks fail to persuade regulators to dilute new buffer rules
Rules will soon be finalised forcing the world’s top banks to hold enough liquid assets to cover between 16 and 20 percent of their liabilities, after industry lobbying failed to persuade regulators to relax the plan. The Financial Stability Board (FSB) coordinates financial regulation for the Group of 20 economies and will finalize the rules by the end of September for endorsement by G20 leaders in November. The FSB wants the top 30 banks to hold enough equity and long-term bonds so that if they fall into trouble they have enough resources without calling on taxpayers.
28 July, 2015 by The TZ Newswire Staff Comments Off on Android hack, Twitter to report and New York’s ‘new’ airport
Android hack, Twitter to report and New York’s ‘new’ airport
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
28 July, 2015 by The TZ Newswire Staff Comments Off on Donald Trump Might Not Fully Grasp The Definition of Personal Wealth
Donald Trump Might Not Fully Grasp The Definition of Personal Wealth
28 July, 2015 by The TZ Newswire Staff Comments Off on The Tell: Ruble falls to 4-month low as Brent crude enters bear market
The Tell: Ruble falls to 4-month low as Brent crude enters bear market
The Russian ruble fell to its lowest level in more than four months Tuesday as the international crude-oil benchmark joined its U.S.
28 July, 2015 by The TZ Newswire Staff Comments Off on By This Measure, Bank of America and Citigroup Are Screaming Buys
By This Measure, Bank of America and Citigroup Are Screaming Buys
If you compare profitability to valuation, Bank of America and Citigroup look like today’s best bank stocks.
28 July, 2015 by The TZ Newswire Staff Comments Off on Why Cadence Design Systems Shares Soared 11%
Why Cadence Design Systems Shares Soared 11%
Is this meaningful? Or just another movement?
28 July, 2015 by The TZ Newswire Staff Comments Off on The Outlook From National Oilwell Varco’s Earnings Shows Wall Street Is Crazy
The Outlook From National Oilwell Varco’s Earnings Shows Wall Street Is Crazy
An earnings beat and signs that things could bet better for the company — what more does Mr. Market want?