Thu, 02 Jul 2015 23:05:09 GMT
Brazil probes banks on suspected rate manipulation
SAO PAULO--Brazil's antitrust agency is investigating banking giants HSBC Holdings PLC, Citigroup Inc., Deutsche Bank AG and a long list of their peers on suspicion of forming a cartel to manipulate the exchange rate of the Brazilian currency, the real.
Thu, 02 Jul 2015 22:39:27 GMT
Brazil probes currency market activity of 15 global banks
SAO PAULO/BRASILIA (Reuters) - Fifteen of the world's largest banks are under investigation on suspicion of rigging the Brazilian currency, antitrust watchdog Cade said on Thursday, the first such probe in one of the busiest foreign exchange markets ...
Thu, 02 Jul 2015 22:32:50 GMT
Thu, 02 Jul 2015 08:06:10 GMT
Amana Capital partners with Al-Awsat in Saudi Arabia
Al Awsat for Economic Consultancy for HRH Prince Dr. Saif Al Islam bin Saud bin Abdelaziz is the leading retail FX consulting firm in the Kingdom of Saudi Arabia. This company has led the way to more transparent dealing with global FX brokers through ...
Thu, 02 Jul 2015 05:59:33 GMT
NRI deposits in state cross 50k-cr mark
Times of India
"The liquidity crisis in Europe and Africa prompted many NRIs to divert their funds to India," said Jayesh Vithalani, an Ahmedabad-based financial consultant. NRI deposits rose to Rs 54,574 crore in 2014-15 from Rs 25,400 crore in 2011-12, an increase ...
Thu, 02 Jul 2015 14:15:34 GMT
US labor market not bad, but not yet good enough for Fed
The US labor market continued to recover in June but all in all the employment report failed to meet expectations. While the number of jobs increased by 223k, wages were flat. The unemployment rate fell to 5.3%, a level close to the Fed's target, but ...