Monthly Archives: October 2015

Deutsche Revamps Senior Management

Deutsche Bank AG has announced on Sunday two major changes to the firm: sweeping changes to the senior management ranks and a broad restructuring of key units. This comes in light of a projected $7 billion loss the firm has … Continue reading

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Hopes for European Easing Lifts Stocks

Stocks soared Thursday as investors ramped up bets that European Central Bank would expand its easy money policies later this year after its President, Mario Draghi, hinted strongly that it was “ready to do more to boost inflation and growth”. … Continue reading

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Valeant vs. Citron

This week, Valeant Pharmaceuticals has suffered from a major sell-off after Andrew Left, short-seller and founder of Citron Research, compared Valeant to a pharmaceutical Enron, an energy firm that collapsed in 2001 due to an accounting scandal. Citron Research consists … Continue reading

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The Fed’s Next Big Decision

Behind the uncertainty of the Federal Reserve’s decision on whether or not to raise rates there is another looming question: what will the Federal Reserve do with the money it will receive from the treasuries that are about to mature … Continue reading

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Chinese Interest Rate Cuts

On Friday, October 23rd China released that they would be cutting their one-year benchmark interest rate by a quarter of a percent. With this change, the new interest rate is anticipated to settle at 4.35%. This action came as China … Continue reading

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Credit Suisse’s Reboot

Credit Suisse has been in the news over the last several weeks upon appointing a new CEO, Tidjane Thiam who recently unveiled his plans for the Swiss bank. The plan includes a complete “reboot” for the company as Thiam stated … Continue reading

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The Opera Effect

Weight Watchers shares catapulted to a seven-month high during pre-market hours on Oct. 19 after the news that Oprah Winfrey is taking a 10% stake in the weight-loss company. The media mogul and talk show host joined the weight-loss program … Continue reading

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