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News & Updates
September 3, 2015 US Bank Earnings Jumped in 7.3 Percent during Second Quarter: FDIC SaysSource: American Trade Journal
US banks’ earnings jumped by 7.3 percent in the April-June quarter as compared to the same period last year as revenues increased and the volume of secured loans that banks had to write off fell to the lowest level since before...
September 3, 2015 Global stocks enjoy relief rally ahead of ECB, but investors warySource: Reuters
World stocks rose on Thursday, lifted by the strong rally on Wall Street the previous day, but investors were cautious ahead of a potentially critical 24 hours that will include a European Central Bank policy meeting and the...
September 2, 2015 Chinese stocks recover early losses in volatile tradingSource: Telegraph
Asian stocks witnessed a fresh round of volatility on Wednesday, as further evidence of slowing growth in China's economy brought a new bout of uncertainty to global markets.
September 2, 2015 Global Stocks Up Slightly But Investors Remain Cautious
Wall Street Journal - In early trade, the Stoxx Europe 600 rose 0.7% having ended Tuesday 2.7% lower. Most Asian markets slumped in early trade, though some recovered later in the session and the Shanghai Composite Index ended...
September 2, 2015 Banks to face €61.5bn hit from new accounting rules, says reportSource: ft.com
New accounting rules could force Europe's top banks to recognise an extra €61.5bn in loan losses, new analysis shows, as a major UK pensions group has warned that bank accounting is not fit for purpose.
September 1, 2015 Europe Stocks Selloff Deepens as Global Growth Worries Intensify
Bloomberg - The plunge that led Europeâ??s equities to their biggest monthly losses since 2011 is showing no signs of easing. The î??Stoxxî?? Europe 600 Index lost 3 percent at 9:59 a.m. in London, following...
September 1, 2015 Scores for ESG Funds Coming in ’15-’16Source: Think Adviser
Environmental, social and governance (ESG) scores for mutual funds are set to be launched soon by Morningstar, a first for the industry. Morningstar expects to roll out the fund-level ESG scores in the fourth quarter of 2015 and...
September 1, 2015 Average Board Director Pay Tops $250,000 In 2015Source: ValueWatch
According to consulting and research firm Towers Watson, the compensation of board directors at U.S. public firms is steadily moving up. In fact, somewhat shockingly, a member of the board of directors at a major U.S. public firm...
September 1, 2015 Pound stumbles as UK manufacturing lurches towards stagnationSource: Telegraph
UK manufacturing activity slowed in August, as steady domestic demand failed to offset falling appetite for British goods in the eurozone and jitters triggered by China's stock market sell-off.
September 1, 2015 This Is Why Global Income Inequality Is a Real National-Security Threat
The National Interest - And the î??World Economic Forumî?? ranked rising income inequality as the worldâ??s top priority for 2015. Unlike within-country income inequality, global income inequality has attracted...
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