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ECB Accounts Show Buying Sovereign Debt Was Only Adequate Option - Bloomberg

Irish ExaminerECB Accounts Show Buying Sovereign Debt Was Only Adequate OptionBloombergLast month, European Central Bank President Mario Draghi announced a 1.1 trillion-euro ($1.2 trillion) stimulus plan centered on government-bond purchases. Photographer.....»»

Category: topSource: googlenewsFeb 19th, 2015

Leaked HSBC Documents Shed Light On Swiss Banking Industry

The records of some 30,000 accounts containing $120 billion show the bank helped customers — including politicians, royalty, celebrities and criminals — conceal their accounts from authorities. The records of some 30,000 accounts containing $120.....»»

Category: topSource: nprFeb 9th, 2015

Document Leak Reveals Secret Swiss Bank Accounts

For years the Swiss banking industry has been under pressure to get out of the tax evasion business. A trove of documents released by a former employee of HSBC shows just how aggressive the bank was in marketing tax avoidance schemes to clients. For.....»»

Category: topSource: nprFeb 9th, 2015

“Cyber Security Loophole”- Bank Hackers “Unfettered Access” To Accounts

“Cyber Security Loophole”- Bank Hackers “Unfettered Access” To Accounts Bank accounts at majority of banks in Britain and Ireland are vulnerable to hacking, says Financial Times Two-step authentication process used by most banks is inadequate Vu.....»»

Category: blogSource: zerohedge5 hr. 34 min. ago

Cyber security loophole found at bank

Vulnerability allows customers’ secure login to be used to break into accounts.....»»

Category: topSource: ftMar 3rd, 2015

Swiss economy stronger than expected in 4th quarter

BERLIN (AP) — Official data show that Switzerland's economy expanded by a stronger-than-expected 0.6 percent in the fourth quarter, the last before the country's central bank abandoned its effort to cap the Swiss franc's value against the euro......»»

Category: topSource: yahooMar 3rd, 2015

Swiss economy stronger than expected in 4th quarter

Official data show that Switzerland's economy expanded by a stronger-than-expected 0.6 percent in the fourth quarter, the last before the country's central bank abandoned its effort to cap the Swiss franc's value against the euro......»»

Category: marketSource: foxnewsMar 3rd, 2015

Photos: ESPN’s College GameDay a success in Wichita

By many accounts, ESPN made the right decision bringing its College GameDay basketball preview show to Wichita. Saturday marked the first time the show aired from Wichita. GameDay aired live from Charles Koch Arena from 10 a.m. to 11 a.m. Saturday, while.....»»

Category: topSource: bizjournalsMar 2nd, 2015

As European Central Bank prepares to start its stimulus, decline in eurozone prices slows

Official figures show that the fall in consumer prices across the 19-country eurozone eased in February, a development that may assuage market concerns that the region is set to suffer a pronounced period of deflation......»»

Category: topSource: foxnewsMar 2nd, 2015

Spanish Bank Results Show Loans Picking Up

Two Spanish lenders, Caixabank SA and Banco Popular Español SA, reported fourth-quarter results on Friday that showed an uptick in demand for loans as the country chugs toward economic recovery......»»

Category: earningsSource: wsjMar 2nd, 2015

PBOC Cuts Benchmark Interest Rates by 25 Basis Points

China’s central bank said on Saturday it would cut benchmark interest rates by 25 basis points to 5.35 percent, a widely expected move as the world’s second-largest economy continues to show signs of weakness despite previous easing measures. .....»»

Category: topSource: marketpulseMar 1st, 2015

Bank Of America Continues Lower: A Technical Look

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show......»»

Category: blogSource: benzingaFeb 27th, 2015

Analyst: "Show Me Story" Continues At JC Penney

In a recent report, analysts at Deutsche Bank gave their updated outlook for J C Penney Company Inc (NYSE: JCP) following the company's disappointing Q4 earnings report. Analysts have not been impressed by JC Penney's recent turnaround efforts and believe.....»»

Category: blogSource: benzingaFeb 27th, 2015

J.C. Penney remains a "show me story," says Deutsche Bank

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fly's real-time, streaming news feed keeps individual investors, professional money managers, active trader.....»»

Category: blogSource: theflyonthewallFeb 27th, 2015

Greek bank deposits plunged by £9 billion in January

Greek savers withdrew €12.7 billion (£9.2 billion) from their accounts in January dropping bank deposits to their lowest levels since 2005 amid fears over a standoff between Athens and its European partners, according to new central bank data. The outf.....»»

Category: topSource: businessinsiderFeb 26th, 2015

HSBC Holdings plc (ADR) Faces UK Lawmakers Over Tax Scandal

After being grilled by a panel of UK lawmakers yesterday, HSBC Holdings Plc (ADR) (NYSE:HSBC) officials are promising a clean up, following the tax evasion scandal that led to a reputational failure for the bank. Share price fell almost 1% as HSBC accepte.....»»

Category: topSource: bidnessetcFeb 26th, 2015

Weak spending to show Japan consumers unconvinced by Bank of Japan"s stimulus

By Leika Kihara TOKYO (Reuters) - Japanese households cut spending further and retail sales fell for the first time in seven months in January, data on Friday is likely to show, a sign the central bank's radical stimulus has yet to convince consumers.....»»

Category: topSource: yahooFeb 25th, 2015

Barclays Lets UK Bankers Send Payments to Twitter Friends

SAN DIEGO (TheStreet) -- Barclays , the world's seventh-largest bank, said Wednesday that users of its mobile app will soon be able to send and receive funds using just their Twitter accounts. The British bank's new Twitter func.....»»

Category: topSource: thestreetFeb 25th, 2015

Too Big to Manage? HSBC's Chiefs to Testify on Tax Scandal - New York Times

SalonToo Big to Manage? HSBC's Chiefs to Testify on Tax ScandalNew York TimesLONDON — First there was money laundering. Then foreign-exchange rigging. Now tax evasion. HSBC, Europe's biggest bank, has endured a string of scandals — and p.....»»

Category: topSource: googlenewsFeb 25th, 2015

$3-million reward offered for arrest of Russian hacker - Los Angeles Times

Los Angeles Times$3-million reward offered for arrest of Russian hackerLos Angeles TimesA brazen Russian hacker who allegedly siphoned off more than $100 million from American bank accounts now has a multimillion-dollar price on his head. The U.S. governm.....»»

Category: topSource: googlenewsFeb 24th, 2015