The Bank of East Asia (BEA) has launched derivative warrants on equities listed on the Stock Exchange of Hong Kong.
BEA said initially it will mainly focus on...
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Renewable energy company Iberdrola Renovables has acquired the 26MW Beii Nee Stipa wind farm in Mexico from Gamesa. Located in the state of Oaxaca, the wind farm...
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Williams Trading, a registered broker dealer, and Nautilus Capital, a financial research firm, have entered into a strategic alliance to explore mutual business...
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American Express has appointed Paul Fabara as new executive vice president, Global Credit Administration. In this role, Fabara will be responsible for worldwide...
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1 UK Heads for Triple-dip Recession as Factories Slump, Mortgage Lending Slides http://uk.reuters.com/article/2013/03/01/uk-britain-economy-idUKBRE9200DY20130301...
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2 Austerity madness continues to crush average Greeks and protect Banksters and Tax Cheats. From Reuters: "Tens of thousands of Greeks took to the streets of...
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3 "The sub-prime market - risky mortgage backed securities - is hot again and its revival is exceeding many people's expectations, the chief market strategist...
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4 ### From Bloomberg ### JPMorgan overrode an independent analysis of home loan portfolios by buying and selling defective loans to create a sanitized version of the...
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5 A year and a half ago, when the hacker group Anonymous launched its anti-Bernanke, anti-Fed campaign dubbed Operation Empire State Rebellion (or OpESR), we stated,...
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6 "WASHINGTON (AP) — Jobless Americans are paying millions in unnecessary fees to collect unemployment benefits because of state policies encouraging them to...
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7 There were several important economic stories from Europe over the past 10 days or so that were under reported here. Now that the conventions are behind us, I want to...
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8 I LOVE when stories like this pop up. David Faber of Cable Financial Network CNBC has calculated that $100 invested four years ago in Madoff's Ponzi scheme would...
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9 In a "surprising" turn of events, the NYTimes and CNBC report that the DoJ has been unable to identify any criminal behavior. In spite of their dogged...
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10 I have not been very active here lately, as I've been very busy working on my new book "Civilization 2.0" and I just had an epiphany that explains why...
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11 CNBC Reports: "To many in Europe, the Continent has two big economic problems: Huge debt, and high inequality between the rich and the rest."...
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12 The report from the AP: http://news.yahoo.com/jpmorgan-says-trading-loss-grew-4-4-billion-112814669--finance.html As part of their quarterly earnings release,...
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13 As president of the New York Federal Reserve before and during the financial crisis, Treasury Secretary Timothy Geithner met repeatedly with Barclays officials,...
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14 The second Barclays announced its $450 million Libor settlement, it was all over - the lawyers smelled not only blood, but what may be the biggest plaintiff feeding...
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15 "Financial pressures have pushed cities and states to look for ways to save a buck, and into the arms of Wall Street hucksters." According to Fortune....
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16 Yes, perhaps as early as August 2007, at a time when our very own "Tiny Tim" Geitner was head of the NY Fed, it now appears that there were already signs...
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17 Banks’ rigging of LIBOR is securities fraud at a magnitude greater than all other securities fraud in history…COMBINED! What is LIBOR? The London...
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18 I'm working on a book based on the ideas I have recently published in my blog. The title of the book is Civilization 2.0, and it discusses the systemic problems...
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19 JPMorgan is at it again. The Financial Times of London is reporting that: "The US electricity regulator has subpoenaed JPMorgan Chase twice in the past three...
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20 Jamie Dimon, CEO of JPMorgan originally put the loss from their "London Whale" fiasco at $2 billion ($3 tops!). While I put the over / under on the actual...
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