Market News
Libor Scandal: Deutsche Bank 'Braces Itself' For $1bn US And UK Fine
IBTimes - 25 Oct 2014 09:31
Deutsche Bank is allegedly bracing itself for a $1bn fine from U.S. and U.K. authorities after it was accused of manipulating two of the world's most important interbank lending rates, Libor and Euribor. According to sou...
Fannie Mae Settles Shareholder Lawsuit For $170 Million
IBTimes - 25 Oct 2014 02:31
(Reuters) - Fannie Mae (FNMA.OB) has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage exposure before it was seized by the U.S. govern...
Quartix braves volatile markets with £54m float
Telegraph - 25 Oct 2014 21:00
The vehicle tracking company is set to sell shares on Aim, raising about £11m for investors
Switzerland Set To Greedily Grab Gold
Forbes - 25 Oct 2014 14:25
On November 30th the Swiss will be asked to vote on boosting the share of central reserves devoted to gold. Opinion polls indicate they will vote yes.
Cheap stock market? The reliable chart that says buy
Telegraph - 25 Oct 2014 08:15
Bullish brokers and investors are talking up the British market. There's one chart that history suggests is more reliable than the rest
The Week Ahead: This Market Could Hurt Stocks
Forbes - 25 Oct 2014 01:09
The wide market swings of the past eight days in the stock market have likely scared the average investors and kept them from buying stocks. This will keep the public's participation in the stock market at low levels. Th...
Ruble Faces New Wave of Pressure
Wall Street Journal - 25 Oct 2014 00:07
A new wave of pressure is hitting Russia's ruble as the market is becoming convinced that the central bank won't be able to halt its slide.