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> Posts tagged "Bank of America"

How much multinationals earn per second

Imagine that for every second that passes, your bank account inches up $1. You’d be making $60 per minute, or the equivalent of $86,400 in a day. Over the course of a year, you’d roll in a solid $31.5 million of profit. While this would be prolific for almost any

Commision investigates a potential berach of antitrust rules in credit default swaps

credit default swap sea banks derivatives

Commision investigates a potential berach of antitrust rules in credit default swaps - The European Commission has informed some of the world's largest investment banks of its preliminary conclusion that they infringed EU antitrust rules that prohibit anti-competitive agreements by colluding to prevent exchanges from entering the credit derivatives business

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