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News & Updates
June 20, 2016 World stocks leap as fears ease over British vote on EUSource: US News
World stock markets jumped and the pound rally as polls suggest British voters will choose to remain in the European Union in a referendum this week, easing investor worries about a possible "Brexit."
June 19, 2016 Four Key Market Charts To See Before MondaySource: Forbes
After a shaky few days for markets last week, we went into the weekend with some relative calm on Friday. This coming week the UK vote on leaving or staying in the European Union will dominate the market focus
June 19, 2016 HSBC Says Unit to Book $585 Million Charge on SettlementSource: Bloomberg
HSBC Holdings Plc plans to record a $585 million pretax charge for settling a 14-year-old shareholder lawsuit over allegations that executives of a business acquired by the bank in 2003 misled investors.
June 19, 2016 Crude oil prices rise for first time in seven daysSource: Reuters
Crude oil prices rose on Friday for the first time in seven days, but trading remains volatile less than a week before Britain goes to the polls over the country's EU membership
June 17, 2016 Fed's warning: Economic hurdles to persistSource: USA Today
The Federal Reserve made a stark concession this week: The economy is likely to grow at a listless pace for the foreseeable future.
June 17, 2016 With European Banks On The Ropes, KBW Sees Brexit Pressures For Goldman Sachs And JPMorganSource: Forbes
This pain is also being felt by U.S. megabanks, but in a less severe manner, casting a pall over the earnings outlook of Wall Street heavyweights such as Goldman Sachs Group GS and JPMorgan Chase JPM.
ABC News - If we leave the economic area and get [World Trade Organization] type agreements instead, that is the most damaging economically. We will see a decrease in trade and foreign direct investments. That means lower GDP,...
Source: SF Gate
LONDON— Global stocks and the pound rose Friday after gains on Wall Street and as Britain's frenzied debate on whether to leave the European Union was put on hold for a second day following the killing of a member of parliament.
June 17, 2016 Help Wanted: Wall Street Restructuring Experts - video
Bloomberg With distressed industries at six-year highs, Wall Street firms are facing difficulties in finding experienced restructuring professions to tackle the booming business. Bloomberg's Jodi Xu Klein reports on "Bloomberg...
June 17, 2016 Global Wind Day: Amazing Facts About Wind Energy
Nature World News - Wind energy is homegrown The Union of Concerned Scientists notes that a typical wind turbine (750 kW) provides enough power for 328 typical (non-electric heating) homes. That means one wind turbine can be...
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