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News & Updates

November 10, 2014 ING pays final EUR 1.025 billion to Dutch State

Benzinga - Sustainability forms an integral part of ING's corporate strategy, which is evidenced by ING Group shares being included in the FTSE4Good index and in the îDow Jones Sustainabilityî Index (Europe and World)...

November 10, 2014 Mark Carney: No more bank bail-outs (UK)

Source: Telegraph (UK)

The Governor of the bank of England, in his position as chairman of the international Financial Stability Board (FSB), has unveiled proposals for forcing creditors to bear banks' losses.

November 7, 2014 European Stocks Decline, Erasing Gains, as Banks Retreat

Source: Bloomberg

The Stoxx Europe 600 Index slid 0.1 percent to 336.62 at 12:27 p.m. in London, erasing a weekly advance. Eight of the 19 industry groups on the benchmark gauge dropped, led by technology companies and Greek banks. The Stoxx 600...

November 7, 2014 Slower economic growth the long term outlook for China

中æ¶çµå­æ¥ - Independent US research institute îThe Conference Boardî predicted that China's economic growth rate ... (Yi Xianrong is an economist at the...

November 7, 2014 Will Cheap Gas Undermine Climate-Change Efforts?

Source: The Atlantic

This week, the United Nations called upon the global community to curb fossil fuel usage now or risk irreversible environmental damage in 2100. But with oil prices falling to a four-year low in the United States, any urgency may...

November 7, 2014 Ruble Falls on Oil Price, Ukraine Conflict: Russia Reality Check

Source: Bloomberg BusinessWeeek

Markets are reacting in real time to tension in Ukraine following Russia’s March incursion into Crimea and subsequent unrest in the country’s east, where pro-Kremlin separatists seek autonomy from Kiev.

November 7, 2014 Bank of America taking $400M litigation charge

Source: SF Gate

Bank of America Corp. said Thursday it is taking a $400 million charge in the third quarter to cover litigation costs related to a regulatory inquiry into the bank's foreign exchange business. The move follows similar disclosures...

November 7, 2014 Pay up in instalments, EU to tell Britain on disputed bill

Source: Reuters

EU finance ministers told Britain on Friday that the only way to resolve a row over a surprise budget bill to Brussels is to pay in interest-free instalments, officials said, but Britain's finance minister insisted the bill was...

November 7, 2014 Detroit bankruptcy teaches muni bond investors painful lessons

Source: Crain's Detroit Business

No matter what a federal judge decides today about approving Detroit’s $18 billion bankruptcy plan, the record-setting case has already taught municipal bond investors some painful lessons

November 7, 2014 Fed Concern With Repeat of 1937 Blunder Echoed by Markets

Source: Bloomberg

The specter of 1937 is weighing on the minds of top Federal Reserve officials as they work on a road map for unwinding their unprecedented economic stimulus. That was the year, following a recovery from the Great Depression, that...

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