Archive for August, 2012

Will Spanish depositors kill the euro?

| August 30, 2012 | 0 Comments

There’s a school of thought out there that Spanish depositors will determine the fate of the euro. The theory is simple: if or when Greece exits the euro, Spanish depositors will panic. Seeing that it’s possible for countries to leave the single currency – previously a no-go – Spanish depositors will rush to empty their […]

Filed Under: Latest Finance News

Horizon Technology Finance Closes $5 Million Venture Loan to SimpleTuition

| August 30, 2012 | 0 Comments

FARMINGTON, Conn. and BOSTON, Aug. 29, 2012 (GLOBE NEWSWIRE) — Horizon Technology Finance Corporation (HRZN) (“Horizon”), a leading specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life sciences, healthcare information and services, and clean-tech industries, today announced that it has closed a $5 million […]

Filed Under: Credit Card News

‘Nice guy’ Antony Jenkins’ appointment as Barclays chief sounds the death knell for the Masters of the Universe

| August 30, 2012 | 0 Comments

Banking is changing. If proof were needed, look no further than the appointment of Antony Jenkins as Barclays’ new chief executive. Unlike his brash, bonus-bagging, investment banking predecessor Bob Diamond, Jenkins comes from the retail side of the bank. He has never been a pure investment banker. He is softly spoken and understated. Culturally, he […]

Filed Under: Latest Finance News

Warren Buffett’s Financial Rules to Live By

| August 30, 2012 | 0 Comments

The billionaire shares investment advice for average Americans. Video Rating: 4 / 5

Filed Under: Finance Videos

CITY INTERVIEW: BCC boss John Longworth calls for Government to get a grip on economy

| August 30, 2012 | 0 Comments

By Hugo Duncan PUBLISHED: 16:30 EST, 29 August 2012 | UPDATED: 01:53 EST, 30 August 2012 ‘There’s no question that we are in a bad place as an economy but it doesn’t have to be that way and that’s the frustrating thing about it,’ says John Longworth, the director general of the British Chambers of […]

Filed Under: finance news

Life expectancy increases but few have funds to pay for it

| August 30, 2012 | 0 Comments

Life expectancy continues to increase, according to the Office for National Statistics (ONS), so that someone retiring at 65 can now expect to celebrate their 82nd birthday. While the prospect of an extra five months to bring the total period in retirement to an average of 17 years and 10 months might seem like good […]

Filed Under: Latest Finance News

The monetary Maginot of the Gold Standard

| August 29, 2012 | 0 Comments

Some gold bugs – though not ones with historical memory – seem to have greeted Republican talk of a renewed Gold Standard with near ecstatic delight. They need their heads examined. Gold must be free if it is to police the political class. The beauty of gold is that it is a store of value […]

Filed Under: Latest Finance News

German, French finance ministries to coordinate euro zone proposals

| August 29, 2012 | 0 Comments

BERLIN (Reuters) – The finance ministries of Germany and France will launch a working group with a view to making joint proposals on euro zone issues like fiscal and banking union, German Finance Minister Wolfgang Schaeuble said on Monday. “We will start in the next days and weeks a working group between our ministries to […]

Filed Under: Credit Card News

Clegg reveals himself as another tax and spend merchant

| August 29, 2012 | 0 Comments

The Lib Dems and Conservatives always did make odd Coalition bedfellows, but Nick Clegg’s call for an emergency wealth tax shows that the ideological divide is growing ever wider. Mr Clegg, it seems, wants, like his Labour counterparts, to tax and spend his way through the crisis. We must assume that the Tory hierarchy still […]

Filed Under: Latest Finance News

General Finance Corporation to Announce Fourth Quarter and Fiscal Year 2012 Financial Results on September 11, 2012

| August 29, 2012 | 0 Comments

PASADENA, Calif., Aug. 29, 2012 (GLOBE NEWSWIRE) — General Finance Corporation (GFN), a holding company that acquires, operates and enhances value for businesses in the mobile storage container and modular space industries, will announce its financial results for the fourth quarter and fiscal year ended June 30, 2012, before the U.S. market opens on Tuesday, […]

Filed Under: Credit Card News
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