Archive for March, 2014

postheadericon SMS-powered money transfer system arrives in Europe – Ars Technica


Ars Technica
SMS-powered money transfer system arrives in Europe
Ars Technica
Seven years ago, Kenyans got access to something that American companies are still trying to figure out—easy, fast, and cheap mobile money transfers. (Seriously, why am I still writing paper checks in 2014?) M-Pesa allows any Kenyan with a cell phone
UPDATE 1-Vodafone brings Africa's M-Pesa mobile money to EuropeReuters
Vodafone brings M-Pesa mobile money to Europe with Romanian launchPCWorld
Forget Bitcoin, African E-Money Is the Currency-KillerBloomberg View
GigaOM -Reuters UK
all 34 news articles »

postheadericon Hull teen who spent money wrongly put in bank account charged with theft – Online Athens

Hull teen who spent money wrongly put in bank account charged with theft
Online Athens
A Hull teen bought a convertible BMW, clothing and food with money mistakenly put in his bank account in early March, but law enforcement authorities say he also bought himself some trouble by spending the money. Steven Fields, 18, of Gillispie Drive

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postheadericon Investors to lose money in aircraft finance “bubble” – DVB Bank – Reuters

Investors to lose money in aircraft finance "bubble" – DVB Bank
Reuters
FRANKFURT, March 31 (Reuters) – Some of the yield-hungry investors pouring money into the financing of aeroplanes are likely to make losses, as they have pushed interest rates down to levels that sometimes do not reflect the risks, a leading lender to

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postheadericon Foolish In Love And Money – Forbes

Foolish In Love And Money
Forbes
Love and money have a lot in common. It struck me how similar these two pursuits are while reading a recent Wall Street Journal article on the pursuit of a satisfying life by Charles Murray. We seek both love and money over our lifetimes; we're drawn

postheadericon Yellen takes case for Fed’s easy money policies to the public – Reuters


WKMG Orlando
Yellen takes case for Fed's easy money policies to the public
Reuters
CHICAGO (Reuters) – Federal Reserve Chair Janet Yellen on Monday took a page from a politician's playbook to defend the U.S. central bank's easy-money policies, citing the struggles of three Americans in a speech and touring a college workshop to shake …
Best Interest Rates in March: CDs, Money Markets and MortgagesInvestorplace.com
Janet Yellen wants you to get a raiseWKMG Orlando

all 403 news articles »

postheadericon Greece Passes Economic Measures, Clearing the Way for Bailout Money – New York Times

Greece Passes Economic Measures, Clearing the Way for Bailout Money
New York Times
ATHENS — The Greek Parliament voted narrowly early Monday to back a bitterly contested package of economic changes, clearing the way for the release of further funding considered crucial for a financial rescue, despite a last-minute attempt by the

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postheadericon St. Charles Parish Hospital misspent $6 million in bond money, audit says – The Times-Picayune

St. Charles Parish Hospital misspent $6 million in bond money, audit says
The Times-Picayune
St. Charles Parish Hospital officials improperly spent nearly $6 million in bond money last year for purposes not approved by voters, according to a recent state auditor's report. The public hospital, located in Luling, has been ordered to repay that

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postheadericon How A Personal Finance Journalist Manages Her Own Money – Forbes


Forbes
How A Personal Finance Journalist Manages Her Own Money
Forbes
Before then, I was always a mess with my finances. I experienced terrible debt in my 20s, once loaned somebody $12,000 or $15,000 on my credit card (I don't even remember the amount), and even after that was over, slowly began amassing even more debt …

postheadericon GE explores sale of GE Money Bank Nordics: sources – Reuters


Economic Times
GE explores sale of GE Money Bank Nordics: sources
Reuters
N) is exploring the sale of its GE Money Bank unit in the Nordic region, which could fetch up to 2 billion euros ($2.75 billion), as it retreats from the finance sector, sources close to the matter told Reuters. GE Money Bank, established in the Nordic
GE Explores $2.75 Billion Sale Of GE Money Bank Nordics: SourcesFox Business
UPDATE 1-GE explores sale of GE Money Bank Nordics – sourcesReuters UK

all 14 news articles »

postheadericon Starting an Overdue Conversation About Money – New York Times


New York Times
Starting an Overdue Conversation About Money
New York Times
There is, though, no disagreement that Bitcoin's rise to a billion-dollar market has helped fuel a wide-ranging conversation on Wall Street and in Silicon Valley — and many places in between — about the nature of money and how it might be evolving.
New IRS rules make using Bitcoins a fiascoCNNMoney

all 179 news articles »

postheadericon Strategic Finance receiver PwC in final mediation with BDO

April 1 (BusinessDesk) – The receiver for Strategic Finance is still at the mediation table with the failed lender’s former auditor BDO Spicers in a last-ditch bid to avoid the court-room.

postheadericon Strategic Finance's auditor may face court

Strategic Finance's receiver John Fisk has filed and served papers against BDO Spicers over its audit of Strategic's 2007 financial statements.

postheadericon Strategic Finance receiver PwC in final mediation with auditor BDO

The receiver for Strategic Finance is still at the mediation table with the failed lender's former auditor BDO Spicers in a last-ditch bid to avoid the court-room. Receiver John Fisk of PwC filed and served papers against BDO over its audit of Strategic's 2007 financial statements, with a statement of defence due next month, Fisk said in a March 31 letter to investors. If an acceptable deal can …

postheadericon Finance News Update, what you need to know

FINANCE News Update, what you need to know

postheadericon Bombay Stock Exchange: Top 100 listed Indian companies’ employee benefit … – Economic Times


Economic Times
Bombay Stock Exchange: Top 100 listed Indian companies' employee benefit
Economic Times
Bombay Stock Exchange: Top 100 listed Indian companies' employee benefit liabilities rise to Rs 4.22 trillion. By PTI | 31 Mar, 2014, 04.26PM IST. Post a Comment. 0. Share More. READ MORE ON » Towers Watson | Kulin Patel | Employee Benefits …

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postheadericon High-Speed Traders Rip Investors Off, Michael Lewis Says – Bloomberg

High-Speed Traders Rip Investors Off, Michael Lewis Says
Bloomberg
The U.S. stock market is rigged when high-frequency traders with advanced computers make tens of billions of dollars by jumping in front of investors, according to author Michael Lewis, who spent the past year researching the topic for his new book

postheadericon Stock market live blog: Indexes rally; Yellen reassures markets; Utilities … – MarketWatch (blog)


Economic Times
Stock market live blog: Indexes rally; Yellen reassures markets; Utilities
MarketWatch (blog)
Hopes for monetary stimulus boosted stocks there and giving investors more confidence here. This market in the past quarter has been resilient in the face of Fed tapering, geopolitical uncertainties, worries about the slowing Chinese growth. Looking
S&P 500 Index Rises to 5th Quarterly Gain on Fed SupportBloomberg
Wall St eyes on US jobs, YellenNew Zealand Herald

all 50 news articles »

postheadericon The company with the ticker IEX is not the firm on ’60 Minutes’ – MarketWatch (blog)

The company with the ticker IEX is not the firm on '60 Minutes'
MarketWatch (blog)
Goldman Sachs and the Royal Bank of Canada have endorsed them. So too has hedge-fund investor David Einhorn, in the “60 Minutes” segments on high-frequency trading. But if you want to buy into IEX, the stock exchange set up to deter high-frequency …

postheadericon Is the Stock Market Rigged? – Bloomberg

Is the Stock Market Rigged?
Bloomberg
He speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's “Market Makers.” (Source: Bloomberg). Please enable JavaScript to view the comments powered by Disqus. And company — cowen and company. What you think? I do not think …

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postheadericon Katsuyama’s Stock Exchange A Rallying Point For HFT Outrage – ValueWalk


ValueWalk
Katsuyama's Stock Exchange A Rallying Point For HFT Outrage
ValueWalk
Is Brad Katsuyama, the “conformist” trader who exposed the previously secret behavior of high frequency traders (HFT) featured in Michael Lewis's new book Flash Boys, about to disrupt the stock exchange business model? European HFT trading terminals …
Michael Lewis's flawed new bookReuters Blogs (blog)
Inside IEX: The Buyside Takes on HFTTraders Magazine
IEX Exchange Short-Circuits Wall Street's HFT CheatersMoney Morning

all 8 news articles »

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