financial sector

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Latest blogosphere posts tagged “financial sector”

  • Securities trader executed (China)


    StupidicaAuthority Authority: 177
    China yesterday executed the former manager of a securities company who embezzled millions of dollars - the first execution of an executive from the countrys financial sector, Xinhua said. Some wanted Yang Yanming to be kept alive so he would explain where the 65 million yuan ($9.5 million) went, news reports said. ...
    6 hours ago
  • Diva Of Doom: Government Out Of Bullets To Help Economy


    Boom2Bust.comAuthority Authority: 540
    Meredith Whitney, the “Diva of Doom,” warned CNBC viewers today that Uncle Sam is short on options to jump-start the U.S. economy. CNBC’s Jeff Cox wrote this morning: The government is running out of ways to help the economy as the US faces major issues regarding credit and employment ahead, banking analyst ...
    15 hours ago
  • Quotes For The Week


    Boom2Bust.comAuthority Authority: 540
    Well, I’m not a great believer in Chinese economic statistics. I mean, they’ve learned one thing from the U.S.— how to massage and doctor economic statistics . So I don’t take that on face value… I suppose that a lot of governments will be bust, including the U.S. … So what we’ve seen is just the ...
    1 day ago
  • Pour que la terre tourne….aussi à Madagascar : Vers un agenda de relance économique


    Africa Can... - End PovertyAuthority Authority: 111
    Le déclin économique à Madagascar s’inscrit dans la durée. Depuis 1980, il n’y a que 7 pays en développement qui ont reporté une croissance de leur revenu par habitant moindre que Madagascar. Cette performance traduit des insuffisantes criantes en matière de développement humain et en infrastructure ainsi ...
    1 day ago
  • Madagascar Economic Policy Update


    Africa Can... - End PovertyAuthority Authority: 111
    For the first time since the beginning of the crisis, the Government spent massively in October through a combination of debt-service and investment outlays. Over the next few months, the new Government is expected to face three daunting challenges with significant financial implications: Organizing institutions and ...
    1 day ago
  • Bill Gross: Unemployment Won’t Peak Until Mid-2010


    Boom2Bust.comAuthority Authority: 540
    One investment legend isn’t high on all the hopium going around today after the release of the U.S. jobs report. Bill Gross, the man who Warren Buffett calls one of the smartest people he knows, questions where new jobs will be coming from down the road. From the CNBC website today: Despite the growing optimism ...
    4 days ago
  • The Fed and the Treasury leading us right to Great Depression 2.


    InvestmentWatchAuthority Authority: 157
    So far, our government’s response to the financial crisis has been total denial, lack of transparency, and unwillingness to upset or anger financial power players and corporate elites. Half measures combined with wishful thinking and a wait-and-see attitude is not going to cut it. The U.S.Treasury as well as the ...
    5 days ago
  • Provisioning Coverage for Advances – Second Quarter Review of Monetary Policy for the Year 2009-10


    LEGAL & FINANCIAL UPDATES FROM TAX GURUAuthority Authority: 454
    At present, the provisioning requirements for NPAs range between 10 per cent and 100 per cent of the outstanding amount, depending on the age of the NPAs and the security available. Banks can also make additional specific provisions subject to a... [[ This is a content summary only. Visit my website www.taxguru.in ...
    6 days ago
  • World economy to bounce back in 2010: UN


    Thaindian NewsAuthority Authority: 728
    New York, Dec 2 (DPA) Massive and concerted measures from the world’s major economies have contributed to a global economic recovery expected next year, the UN said Wednesday.The UN said in a survey that world economic growth is expected to register a mild 2.4 percent in 2010. But it warned rich countries not to ...
    6 days ago
  • From Riches To Rags


    Leanne Boyd - 1WebDiva.comAuthority Authority: 142
    The Wall Street Journal has started revealing how the New York financial area is in such awful straits presently that some ex- stock gurus have disappeared to the modest life of working for a income. For example, look at Carlos Araya. He was once the Wall Street administrator you would see ordering high-priced dinners ...
    1 week ago
  • J.P. Morgan slashes earnings estimates on major banks


    BloggingStocksAuthority Authority: 668
    Filed under: Analyst upgrades and downgrades , Regions Financial (RF) , Bank of America (BAC) , Wells Fargo (WFC) , Financial Crisis Step away from the news for a couple of minutes and J.P. Morgan decides to get out its downgrade stick and go bashing the banking sector . The ratings house feels that the ...
    1 week ago
  • 13 months after the crash, we are all singing happy days are here again.


    InvestmentWatchAuthority Authority: 157
    So far, our government’s response to the financial crisis has been total denial, lack of transparency, and unwillingness to upset or anger financial power players and corporate elites. Half measures combined with wishful thinking and a wait-and-see attitude is not going to cut it. The U.S.Treasury as well as the ...
    1 week ago
  • Britain the only G20 nation still in recession


    Thaindian NewsAuthority Authority: 728
    London, Dec 1 (IANS) Britain is the only G20 nation still in recession, official figures showed after Canada resumed growth in the three months from July to September, going up 0.1 percent.The British economy shrank by 0.3 percent between July and September, the Office of National Statistics said, making it the only ...
    1 week ago
  • Dubai markets in a deep financial crisis


    Thaindian NewsAuthority Authority: 728
    Dubai, Nov 30 (THAINDIAN NEWS) Dubai, one of seven states that make up the United Arab Emirates (UAE), is in a deep financial crisis. There is a huge $59-billion debt in the financial sector of Dubai World, which is one of the largest global conglomerates, is a major cause for worry, as the region [...]
    1 week ago
  • Forex Currency Trading For Dummies


    Currency Forex Trading BlogAuthority Authority: 157
    0 text-align:right; 4px type="text/javascript">Many found, this graduate, it earn trading. a can thousands if when and sell. in currency but buy sell The graduate risk Euros. held the it and, as the lessen, the another. width="425" ...
    1 week ago
  • Dubai Financial crisis is a major cause of worry for all


    Thaindian NewsAuthority Authority: 728
    Dubai, Nov 29 (THAINDIAN NEWS) Dubai, one of seven states that make up the United Arab Emirates (UAE), is in a deep financial crisis. There is a huge $59-billion debt in the financial sector of Dubai World, which is one of the largest global conglomerates, is a major cause for worry, as the region [...]
    1 week ago
  • IMF Warns Of Hidden Bank Losses


    Boom2Bust.comAuthority Authority: 540
    “More Quickly Than It Began, The Banking Crisis Is Over” - TIME , April 10, 2009 I wouldn’t be so sure of that. From Reuters’ Estelle Shirbon yesterday: Half of the losses suffered by banks could still be hidden in their balance sheets, more so in Europe than in the United States, the International ...
    1 week ago
  • Fed Under Attack


    Boom2Bust.comAuthority Authority: 540
    As economic woes continue to plague the United States, the Federal Reserve finds itself under increasing attack. Even from former allies. From the Associated Press’ Tom Raum this past Monday: Suddenly the Federal Reserve is everybody’s punching bag. Strip the Fed of its bank regulation powers, some in ...
    1 week ago
  • When a currency futures market dominates a currency forward market


    Ajay Shah's blogAuthority Authority: 412
    by Gurnain Kaur Pasricha In recent months, a sense has emerged that the exchange-traded currency futures market in India is more liquid than the corresponding contract traded OTC (i.e. the forward market). As an example, we examine a dataset from NSE of 28,797 observations of data - one observation per second - ...
    1 week ago
  • FDIC Says 552 Troubled Banks At End of Third Quarter


    Boom2Bust.comAuthority Authority: 540
    The troubled bank tally keeps getting worse. MarketWatch’s Ronald D. Orol wrote today: The number of distressed banks in the U.S. rose to the highest level in sixteen years in the third quarter, and the insurance fund used to protect bank depositors swung to a negative balance, according to a report released by ...
    2 weeks ago

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