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  • November 25, 2014
  • Last updated: 4:10am
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Results 1 - 10 of 28 for investment banking

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  1. News - World - UNITED STATES

    77,000 foreign banks agree to share tax information with United States

    Posted Jun 03rd 2014, 10:07am

    ... Associated Press It will soon get a lot harder to use overseas accounts to hide income and assets from the US tax collectors. More than 77,000 foreign banks, investment funds and other ... Department announced on Monday. The list includes 515 Russian financial institutions. Russian banks had to apply directly to the IRS because the US broke off negotiations with the Russian government ...

  2. News - World - UNITED STATES

    College does make you richer, US Federal Reserve bank study shows

    Posted May 06th 2014, 09:57pm by Reuters

    ... in Monday's economic letter from the bank. In short, they found, "college is still worth it". A college student who pays US$21,200 in yearly tuition will recoup that investment by age 38, ... a study published by the Federal Reserve Bank of San Francisco shows. That's after accounting for the high cost of college tuition and the four years of wages lost during the time it takes ...

  3. News - World - UNITED STATES

    Is boom in Chinese homebuying in suburban Los Angeles close to ending?

    Posted Nov 14th 2014, 10:07pm by MCT

    ... was born in Taiwan, saw an opportunity about five years ago. The housing market in southern California was flat, but wealthy Chinese were looking to invest overseas. She started asking her clients, ... recalled. "They would say, 'OK. I'll buy one property as an investment'. Six months later they were amazed at how much they were getting back. They call and say, 'I want ...

  4. News - World - UNITED STATES

    Ernst & Young to pay US$123m fine for tax avoidance

    Posted Mar 05th 2013, 12:00am by GDN

    ... as genuine investments when, in reality, the products were designed and marketed to clients as a series of pre-planned steps that would defer, reduce or eliminate tax bills. In order to trick ... penalty agreed with Manhattan US attorney Preet Bharara is the same amount that Ernst & Young received in fees on the four avoidance structures it developed and marketed with law firms, banks ...

  5. Business - Economy - UNITED STATES

    Federal Reserve cites moderate US growth, takes no new action

    Posted Oct 25th 2012, 03:36am by Associated Press

    ... a two-day policy meeting. It wants time to assess whether aggressive steps launched in September will boost growth and job creation. The central bank says consumer spending was a little stronger, but business investment slowed. It also said inflation picked up slightly because of higher energy prices. The Fed last month began buying mortgage bonds to try to push long-term interest rates lower ...

  6. Property - International - UNITED STATES

    Falling US mortgage rates spark rush to refinance

    Posted Oct 22nd 2014, 05:16am by Bloomberg

    ... as weaker-than-expected economic data from Germany to China combine with concern about the Ebola virus, sparking demand for safe investments. The average rate for a 30-year fixed mortgage dropped to 3.97 per ... drove the industry's growth, according to an estimate by the Mortgage Bankers Association. Banks' lending remains far below last year's levels as they struggle to increase ...

  7. Property - International - UNITED STATES

    Berkshire's Warren Buffett says US housing market 'coming back'

    Posted Oct 30th 2013, 05:06am by BLOOM

    ... has since reiterated that the industry would rebound because of increasing population and limited supply. Berkshire has also invested in some of the nation's largest mortgage lenders, including Wells Fargo and Bank of America. Borrowing costs at near-record lows have helped stoke demand for homes and boost the US economy. Mortgage rates fell to a four-month low after ...

  8. News - World - UNITED STATES

    Jack Lew confirmed as new US treasury secretary

    Posted Feb 28th 2013, 09:03am by AFP

    ... In 2001 he moved to New York University, and then in 2006 was recruited by Citigroup, where for two years he was chief operating officer in the alternative investments unit. The huge payout he received when he left the bank to join the Obama administration, a bonus reportedly stipulated by his contract, sparked questions that he is too close to the banks and would be too accepting ...

  9. News - World - UNITED STATES

    Fed chairman Bernanke sees hope in interest rate rises

    Posted Feb 28th 2013, 12:00am by BLOOM

    ... and to "some extent in investment" and commercial real estate, Bernanke said. He said the central bank has the "tools" necessary to scale back record stimulus and avert a rise ... of a stronger economy He said it indicated the Fed's stimulus was working. Bernanke also said the central bank's easing policies are helping to improve demand for homes and cars, ...

  10. Business - Economy - UNITED STATES

    US Federal Reserve keeps up bond buying but sees less risk to economy

    Posted Jun 20th 2013, 02:22am by AP

    ... the outlook for the job market improves substantially. The goal is to lower long-term interest rates to encourage borrowing, spending and investing. It hasn’t defined substantially. The central bank ... of the Federal Reserve Bank of St. Louis, objected for the first time this year, saying he wanted a stronger commitment from the Fed to keep inflation from falling too low. Esther George objected ...




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