Chandra Gyda

15 Flips | 3 Magazines | 1 Like | 11 Following | 4 Followers | @ChandraGyda2014 | Keep up with Chandra Gyda on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Chandra Gyda”

In banks we used to trust

For over a century bank trust departments fulfilled an important role as fiduciaries and foundations for financial stability within families, …

Deutsche Bank Economist: 'Buy Equities'

That's the subject line of an email Deutsche Bank economist Torsten Slok just blasted. Slok is convinced stocks will go up until there is a recession.<p>Slok:<p><b>I</b> <b>believe the stock market will continue to go up until we get a recession. And we are nowhere near entering a recession.</b> Recessions happen …

Forget Passwords. Now Banks Can Track Your Typing Behavior On Phones

Password theft is an ongoing problem. Finger print and voice recognition is still years away. What’s a bank to do if it wants to verify the thousands of customers using its mobile app? One way is their behavior — or at least their typing behavior.<p>Banks in Europe’s Nordic region have begun rolling …

Private equity investor Lone Star sells German property bank | Reuters

FRANKFURT, Aug 25 (Reuters) - Private equity investor Lone Star has sold commercial property lender Duesseldorfer Hypothekenbank AG, quitting the second of three investments it has made in the German banking sector over the last decade.<p>The disposal of Duesseldorfer Hypothekenbank follows the sale …

China fund defaults expose foreign partners to shadow banking risk | Reuters

SHANGHAI/HONG KONG (Reuters) - Foreign joint venture partners of Chinese mutual fund companies fear they will have to bail out investors in one of the shadiest patches of China’s shadow banking system, following two defaults by lightly regulated subsidiaries peddling complex investment …

Forex: Will Jackson Hole Pow-Wow Be Another Plaza Accord?

The U.S. dollar is trading at 11-month highs against several major currencies on Thursday as investors zero in on the two-day central bank symposium getting underway in Jackson Hole, Wyo., today.<p>As the world’s most powerful financial players meet at the mountain resort to talk shop, market chatter …

Here's How Much Banks Have Paid Out Since the Financial Crisis

The Bank of America deal announced Thursday, the government’s largest-ever settlement with a single company, means the nation’s second-biggest bank …

How Upcoming FICO Credit Score Changes Might Rock the Economy

Will FICO Score Changes Smack The Economy, Real Estate and The Stock Market?<p>Starting this fall millions of people who up until now had lousy credit scores could see their FICO ranking dramatically improve almost overnight. As a result, they may have access to credit that was otherwise unavailable …

Growing fractures threaten a fragile euro zone

From the U.S. to Japan, once crisis-stricken economies are stirring from their hibernation, and some observers expect Europe to soon follow suit – at least, if the monetary union doesn't tear itself apart first.<p>The euro zone's halting recovery appeared to hit another speed bump on Friday when the …

Key Take-Aways From HubSpot's IPO Seeking $100 Million

HubSpot, a leader in cloud-based marketing automation software, filed their long-awaited S1 with the Securities and Exchange Commission today. The company plans to raise $100M to fund future global expansion and will be listed on the New York Stock Exchange with the symbol “HUBS”. You can find the …

New party line

“WALL STREET” and the “smart money” have long since dispensed with the need to be contained in one place, be it New York, London or Tokyo. What now …

Banking on the BRICS, by Barry Eichengreen

BERKELEY – For the leaders of the BRICS countries (Brazil, Russia, India, China, and South Africa), the announcement in July of their agreement to …

The Fragmentation of Bretton Woods

In recent years, political support for economic multilateralism has eroded, undermining the effectiveness of the Bretton Woods institutions and …

Globalization