To prevent cross border issues, the European Banking Authority stands to create a database on bankers and key bank functions for sharing between countries.
Industry
Audi: Trade Talks Chance To Change Rules
Audi sees trade talks as chance to cut back on rules set by U.S. regulators Manufacturer of advanced lighting systems, Audi AG, sought the approval of futuristic headlights which will automatically dim for oncoming vehicles, which are set to be sold in the US.
Mobileye Raises US$1.5 Billion From Investors
Mobileye announced raised US$1.5 billion worth of funds from 5 investors. Mobileye announced that they were able to raise funds from five investors worth US$1.
Losing US$317 Billion Makes Treasuries Safer for Mizuho and HSBC
Investors kept their money in US Treasuries after the steepest two month loss for securities. A total market value of US$317 billion was erased after the steepest two month loss for securities.
BP PLC And Royal Dutch Shell Halted Funds For Investments
BP PLC and Royal Dutch Shell opted to hold funds for four current investments Royal Dutch Shell and BP PLC halted funds for four separate investments, executives at BP and Royal Dutch Shell said in interviews.
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Deutsche Bank, according to its CFO, needs to change balance sheet to comply with new capital requirements.
The PSE President Hans Sicat says sales record still achievable within the year. According to the Philippine Stock Exchange, the target for record shares sales for 2013 is still achievable.
According to data shown by the US government, higher jobs were created last June that totaled to 195,000 from the previous forecasted of 165,000 job generation.
The interest rates of US are expected to increase within 14 months that should have the world brace for prolonged dollar surge.
The decrease in demands for China was accounted for its slowing economic growth as Asian's coffee premiums remain at multi-month highs.
Standard Chartered organized this year's annual conference held in India by bringing African chairmen.
Former Provident executives were sentenced to jail after pleading guilty for investment fraud. According to United States attorney John M. Bales' statement today, four executives from Provident Royalties, Inc.
In a meeting between British investors and state officials, opportunities for investments in Andhra Pradesh were discussed.
Minister of Food and Agriculture of Ghana Clement Humaldo urged investors to help cut down the losses from harvesting.
