Paramount Trade: US no 2 bank by assets posts 18% slide in quarterly profit on global economic outlook. Paramount Trade: Bank of America, the no. 2 US bank as measured by assets reported an 18% decline in Q1 2016 profit versus the same quarter in 2015. A significant proportion of the decline occurred in its […]
Investor News: Investigation of Bankrate Inc (NYSE:RATE) concerning possible Violations of Securities Laws
An investigation for investors in NYSE:RATE shares over potential securities laws violations by Bankrate Inc (NYSE:RATE and certain of its directors and officers was announced. Investors who purchased shares of Bankrate Inc (NYSE:RATE), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554. The investigation by a law […]
Combating Ransomware: 5 Success Stories
Ransomware distribution has become one of the dangerous and most prolific forms of cybercrime. It is one of the greatest threats that can be suffered by end users and is a growing problem globally. The sophistication of cyber criminals has resulted in the quality of malware getting higher. The Global Risk Report of 2016 has […]
Barclays Bids Africa Goodbye
When Barclays opened its first branch in Africa in 1925, it was the first international bank to venture onto the continent. Originally a bank primarily for colonialists, Barclays is known for being a pioneer in emerging markets. This announcement, made in early March, was not unexpected, but was nonetheless surprising: Barclays has said they will […]
PFM Trading – Markets Await Outcome Of Fed Meeting
PFM Trading says traders are waiting for the latest installment of Fed rhetoric on future rate hikes. According to PFM Trading, after rallying strongly from the lows set in January, global stock markets are awaiting the next installment of rhetoric from the Federal Reserve on the timing of future hikes in the Fed Funds rate. […]
China Cuts Reserve Requirement Ratio Again
China’s central bank moves to further ease the pain of its economic slowdown by cutting ‘RRR’. The People’s Bank of China has moved to cut the reserve requirement ratio for commercial banks as it tries to reduce the impact of the slowdown in its economy, the world’s second largest. The ratio, which is sometimes referred […]
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