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International Exchange Bank
More than 10.000 documents for International Exchange Bank
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While the three-ring circus to avert a federal government shutdown came to an abrupt end last weekend, the main event for the global economic community was convened in Bretton Woods at the Mount Washington Hotel. A palatial structure nestled among the mountains and pine trees of upstate New Hampshire, it was the site of a landmark meeting of world leaders in 1944 that reordered the post-World War II global economy by establishing the World Bank, the International Monetary Fund and exchange rates among various national currencies around the world.
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Summary of Application: Applicants have received a temporary order exempting them from section 9(a) of the Act, with respect to an injunction entered against Wells Fargo Bank, N.A. (``Wells Fargo Bank'') on December 9, 2011 by the United States District Court for the District of New Jersey (``Injunction'') until the Commission takes final action on an application for a permanent order. Applicants also have applied for a permanent order. Applicants: Wells Fargo Bank, First International Advisors, LLC (``First International''), Metropolitan West Capital Management, LLC (``Metropolitan West''), Golden Capital Management, LLC (``Golden Capital''), Alternative Strategies Brokerage Services, Inc. (``Alternative Strategies Brokerage''), Alternative Strategies Group, Inc. (``Alternative Strateg...
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The 54 central banks and monetary authorities that took a measure of the foreign exchange market last year under the auspices of the Bank for International Settlements discovered an unprecedented rise in activity. Average daily turnover totaled $3.2 trillion, an increase of 71% at current exchange rates from the previous global survey done three years earlier. A major factor in the rise of turnover in traditional foreign exchange markets was an increase in the level of algorithmic trading by high-speed computers. Global Finance selected Deutsche Bank as the global winner. With input from industry analysts, corporate executives and technology experts, Global Finance selected the winners based on objective and subjective factors. The world's best Foreign Exchange Banks for 2008 are presen...
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The Utah Department of Financial Institutions on Wednesday warned about several entities that claim to be a bank or industrial loan corporation. They are United Exchange International, United Exchange International Bank, Wildewoode Investments Inc. and United Exchange International Corp.
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Calls for a super-sovereign reserve currency to replace the dollar are going nowhere fast. The Teflon dollar is brushing off everything thrown at it by the BRIC countries (Brazil, Russia, India and China), and analysts say there is no viable alternative to the dollar as the world's numeraire, or unit of account in the global financial system. Three China-based companies used the renminbi to settle cross-border trade deals for the first time ever in July in an experiment aimed at reducing the country's reliance on the dollar. The Chinese government, meanwhile, continues to tightly control the exchange rate. In a report on the international role of the euro, the European Central Bank said in July that despite the market turmoil caused by the global financial crisis, the relative importanc...
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Money market rate premiums have been high and volatile. The difference between money market rates and central bank key rates has been the widest since the international financial turbulence started in August last year. Norwegian money market rates increased sharply after international risk premiums spilled over into the Norwegian market. Foreign exchange markets have also been volatile. Investors have shown interest in the large and most liquid currencies. Growth is also slowing in the Norwegian economy. Household consumption has stagnated and house prices are falling. Monetary policy in Norway is oriented towards annual consumer price inflation of close to 2.5% over time. In recent years, inflation has on average been somewhat lower, but fairly close to 2.5%. A deep and protracted glob...
