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Serious problems found at Deutsche Bank US units

New York federal regulators have found serious problems in the United States operations of Deutsche Bank A.G., including shoddy financial reporting, weak technology and inadequate auditing and oversig ...More

EJ Insight2014-07-24

US poised to label MetLife threat to financial system

Federal regulators are about to declare MetLife Inc. a potential threat to the financial system, a label that would subject the insurer to oversight by the Federal Reserve, Bloomberg reported Wednesda ...More

EJ Insight2014-07-23

Bill Ackman bombshell: Herbalife is a pyramid scheme

... d prices. Federal regulators and law enforcement also are investigating allegations that the business is a pyramid scheme, according to the report. Ackman says Herbalife nutrition clubs function as ro ...More

EJ Insight2014-07-22

Argentina asks US judge to put debt payment order on hold

Argentina has asked a New York federal judge to put on hold a ruling requiring it to pay bondholders who did not participate in debt restructurings following the country's 2002 default, Reuters report ...More

EJ Insight2014-07-22

New BRICS bank packs a wallop

... by the US Federal Reserve.” That is to say, there will have to be a mechanism for settlement in local currencies. This, no doubt, will enhance the attractiveness of the renminbi, China’s national curr ...More

EJ Insight2014-07-22

New ibond issue attractive despite looming rate hike

... ates. The Federal Reserve will also consider other indicators such as the labor force participation rate," Gary Leung, BOCHK deputy general manager of global markets, told reporters.  The labor force ...More

EJ Insight2014-07-18

Sany unit wins case against US govt over wind farms deal

... tes. A US federal appeals court ruled on Tuesday that the Obama government violated the rights of Ralls Corp when it rejected the company's bid to purchase US wind farms. "Sany and the affiliated Rall ...More

EJ Insight2014-07-17

E-cigarettes: Exotic flavors of addiction

...  in fact, federal authorities banned cigarette flavorings except menthol because they attract young people into smoking. Youth is that age when curiosity, peer pressure and rebellion to authority are ...More

EJ Insight2014-07-16

When everyone's a World Cup winner

... r another federal election so the Brazil bump is not about to be of much electoral benefit. But her Christian Democrat Union will need all the help it can get given that Merkel plans to resign before ...More

EJ Insight2014-07-15

Central bank policy divergence to favor US, UK assets

... using the Federal Reserve as the standard and measuring the relative size of other central banks' balance sheets vis-à-vis that of the Fed, the relationship between a relative expansion in balance she ...More

EJ Insight2014-07-15

Citi tipped to make US$7 bln payout to US govt

... on to the Federal Deposit Insurance Corp and just under US$300 million to settle investigations by five states, the report said. The deal is scheduled to be announced on Monday morning when Citigroup ...More

EJ Insight2014-07-14

US, China make more progress on economic than political track

... ings, cut federal budget deficit, reduce debt-to-GDP ratio, encourage personal saving, and pay closer attention to the impact of the US monetary policy on the international financial system”. Even on ...More

EJ Insight2014-07-14

A perspective on market nuttiness

... xpect the Federal Reserve to hike rates by Q2 2015. We think the timing involves leaning on the side of extra accommodation rather than risking derailing the recovery and roiling markets. It could pos ...More

EJ Insight2014-07-10

Second US spy suspect adds to German ire

... ed. After federal prosecutors said the home and office of a defense ministry employee in the greater Berlin area had been searched on Wednesday morning,  Chancellor Angela Merkel's coalition partners ...More

EJ Insight2014-07-10

Central bank smackdown

... S report, Federal Reserve chief Janet Yellen took the stage at the International Monetary Fund conference and basically said she was having nothing to do with risk and productivity and spent her time ...More

EJ Insight2014-07-09

A Japanese-style future for Eurozone bonds

... helped by Federal Reserve policy, but the Fed is now tapering asset purchases and will start raising rates next year. This may lead to a shift away from risky assets, pushing Eurozone peripheral bond ...More

EJ Insight2014-07-08

HSBC cuts HK stock market outlook amid Occupy Central fears

... by the US Federal Reserve, and corporates’ bleak profitability outlook. It deleted the part that said Occupy Central “could sour relations with the mainland”, the newspaper said. Occupy Central co-org ...More

EJ Insight2014-07-08

Lawsuit: Goldman 'boys club' sexualize, ignore women

Goldman Sachs could be facing a class action lawsuit if a federal court in the United States agrees to elevate a gender discrimination claim brought by two women who used to work at the New York-based ...More

EJ Insight2014-07-04

Yellen sees no need to alter current monetary policy

There are significant limitations in using interest rates as a tool to combat financial stability risks, US Federal Reserve chief Janet Yellen said on Wednesday, mounting a strong defense of the centr ...More

EJ Insight2014-07-03

US targets range of firms in crackdown on illicit money flows

... uding the Federal Deposit Insurance Corp. The probe was about Banamex USA's alleged failure to prevent unauthorized money transfers across the US-Mexico border, a source said. -- Contact us at english ...More

EJ Insight2014-07-02

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