Latest updates and breaking news from around the world of finance. Ok granted, the Blatter – Platini saga isn’t strictly speaking a financial headline but since the pair were banned over a 2 million Euro payment to Platini, we kind of think it makes sense to join our finance updates.
NEW YORK (Reuters) – Loomis Sayles Vice Chairman Dan Fuss said his popular Loomis Sayles Bond Fund, which is lagging 92 percent of its peers, suffered from overexposure to short-term securities…
(Reuters) – Cantor Fitzgerald & Co will pay $7.3 million for selling billions of unregistered microcap shares and for lapses in its procedures to detect possible money laundering, Wall Street’s…
Will ECB Action Drive Euro-Dollar Below Parity?
Yahoo Finance – 5 hours ago Dec. 21 — Enrique Diaz-Alvarez, chief risk officer at Ebury Partners, talks with Betty Liu about the factors pushing further growth for the U.S. via Will ECB Action Drive Euro-Dollar Below Parity?
FOREX-Euro rides out Spanish election result, yuan steadies
Reuters – 25 minutes ago “I find it hard to imagine big moves in the dollar against the euro or yen by the end of the year, but there is certainly some potential for it to gain against sterling or some of the commodity-linked currencies,” said Simon Derrick, Chief Currency … via FOREX-Euro rides out Spanish election result, yuan steadies
Blatter, Platini banned for eight years over murky multi-million euro payment
RFI – 10 hours ago Blatter had transferred 1.8 million euros in cash to Platini in 2011 for work the French football legend carried out as a consultant between 1998 to 2002. Ousted Uefa president Michel Platini can only attend Euro 2016 matches as a … – ITV News
Michel Platini will have to ‘buy a private ticket’ to attend Euro 2016 – Irish Independent
via Blatter, Platini banned for eight years over murky multi-million euro payment
Portugal sells Banif to Santander as part of 2.2 billion euro rescue
Reuters – 20 hours ago The government-backed bailout of Banif (Banco Internacional do Funchal) comes less than two years after the state paid out 4.9 billion euros to rescue the country’s then second-largest bank Banco Espirito Santo. Porutgal itself emerged from an … via Portugal plugs 2.2 billion euro Banif hole, offloads bank to Santander
Stay tuned for more breaking news and updates from the weird and wonderful world of finance. Ohh and any more bans on football officials, this is the place to read all about it.