Sentences with phrase «commodity trading revenue»

Its fixed - income, currency and commodity trading revenue has jumped 37 percent since 2013 to just short of $ 5 billion.

A 38 percent drop in fixed - income, currency and commodity trading revenue over the same five - year period made Goldman the worst performer of the five banks.

Fixed income, currency, and commodities trading revenue came in at $ 1.96 billion for the quarter ($ 2.12 billion expected), while equities trading revenue was $ 948 million ($ 943.7 million expected).

Analysts in a StreetAccount survey had expected a nearly 3 percent increase to $ 4.34 billion in revenue from fixed income, currencies and commodities trading revenues.

Not exact matches

Revenue from fixed - income securities, currencies and commodities trading rose just 1.3 % to $ 1.69 billion.

The company's fixed income, commodities and currencies trading sales rose 12 percent during the quarter, which is a dramatic improvement from the 46 percent revenue decline in its fourth - quarter.

In fact, a broad range of emerging - market assets enjoyed a favorable backdrop, boosted by a number of additional factors, including solid demand from China — which bolstered revenues for many commodity producers — and an absence (to date) of protectionist trade measures from the Trump administration.

-LRB-...) Executives have warned that lackluster markets could lead to year - over-year declines in fixed - income, commodities and currency trading revenue when banks begin reporting fourth - quarter results next week.

At Societe Generale, named this year's global Best in Interest - Rate Derivatives, sales of these products grew substantially in 2016, making them the biggest contributor to a 42 % increase in revenues from fixed income, currencies and commodities trading during the third quarter of last year.

Now, it would seem the floodgates are prepared to open, with the $ 140 billion IBM revealing to CoinDesk that it has been meeting with executives from commodities trading platforms, large corporations, and perhaps most importantly, central banks, to explore how cryptocurrencies can help save them money and generate revenue.

Bank revenues from commodities trading have soared since 2003, fueled by increasing global demand from emerging markets like China and India, requiring more oil, metal and raw materials.

For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes).14

We had disappointing IBM revenue, Goldman Sachs missed on fixed income and commodities trading but low and behold Morgan Stanley came and blow the doors off,» said Hogan.

Apart from the Financial Crimes Enforcement Network of the US Department of the Treasury («FinCEN»), major US regulators such as the US Commodity Futures Trading Commission («CFTC»), Internal Revenue Service («IRS») and SEC, have yet to make official pronouncements or adopt rules providing guidance with respect to the classification and treatment of Bitcoins and other Digital Math - Based Assets for purposes of commodities, tax and securities laws.

(B) «Credit repair services organization» does not include: (i) Any person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States; (ii) Any bank or savings and loan institution whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Savings Association Insurance Fund of the Federal Deposit Insurance Corporation; (iii) Any nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986; (iv) Any person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (v) Any person licensed to practice law in this state if the person renders services within the course and scope of his or her practice as an attorney; (vi) Any broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission if the broker - dealer is acting within the course and scope of those regulatory agencies; or (vii) Any consumer reporting agency as defined in the federal Fair Credit Reporting Act (15 U.S.C. 1681 - 1681t).

(1) The following shall be exempt from the Credit Services Organization Act: (a) A person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.

«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1987.

As a member of the firm's Government Investigations, Corporate Compliance + Criminal Defense Team, she represents businesses and individuals in civil and criminal investigations by local, state and federal authorities, such as state attorneys general, the U.S. Environmental Protection Agency, the Federal Energy Regulatory Commission, the Commodity Futures Trading Commission, the U.S. Department of Justice, the Internal Revenue Service, and local law enforcement.

And with our deep bench of former Department of Justice (DOJ), US Securities and Exchange Commission (SEC), Internal Revenue Service (IRS), Financial Industry Regulatory Authority (FINRA), and Commodity Futures Trading Commission (CFTC) lawyers, our strong multioffice, litigation, enforcement, and investigations team is situated to shape the dynamic enforcement landscape on a global scale.

Consumers should be wary of cryptocurrency retirement accounts claiming to be approved by the Internal Revenue Service, the Commodity Futures Trading Commission (CFTC) has warned.

Currently, the Commodity Futures Trading Commission and the Securities Exchange Commission both regard cryptocurrencies as commodities in the U.S. Meanwhile, the Internal Revenue Service requires that gains from cryptocurrency are also subject to federal income tax rules.

Currently, the Commodity Futures Trading Commission and the Securities Exchange Commission both regard cryptocurrencies as commodities in the U.S. Meanwhile, the Internal Revenue Service required that gains from cryptocurrency are also subject to federal income tax rules.

The SEC considers it a security, the Commodity Futures Trading Commission (CFTC), considers tokens a commodity, the Internal Revenue Service (IRS) considers tokens to be property, while the Financial Crimes Enforcement Network (FinCEN) consider tokens Commodity Futures Trading Commission (CFTC), considers tokens a commodity, the Internal Revenue Service (IRS) considers tokens to be property, while the Financial Crimes Enforcement Network (FinCEN) consider tokens commodity, the Internal Revenue Service (IRS) considers tokens to be property, while the Financial Crimes Enforcement Network (FinCEN) consider tokens currency.