LATEST NEWS : European Stocks Drop for a Sixth Day on German Sentiment

Evidence that Europe’s economic woes are hurting companies’ earnings potential and weakening investor confidence sent the region’s shares lower for a sixth day, their longest slump in almost three years. continue reading at bloomberg.com

Continue reading

LATEST NEWS : Europe Stocks Rise Amid ECB Stimulus Bets After CPI Data

European stocks rose, heading for the longest quarterly winning streak since 2006, as investors speculated that the European Central Bank will boost stimulus after a report showed euro-area inflation slowed this month. continue reading at bloomberg.com

Continue reading

Swaps Probe Finds Banks Rigged Rate at Expense of Retirees

“U.S. investigators uncovered evidence that banks reaped millions of dollars in trading profits at the expense of companies and pension funds by manipulating a benchmark for interest-rate derivatives. Recorded telephone calls and e-mails reviewed by the Commodity Futures Trading Commission show that traders at Wall Street banks instructed ICAP Plc brokers in Jersey City, New […]

Continue reading