VIENNA, June 19 (Reuters) – Austria’s finance minister does not see any repercussions from the European Commission over the country bailing in some of defunct bank Hypo Alpe Adria’s creditors last year or a debt moratorium introduced this year, he said on Friday.
* Faces 6.3 million lira ($2.33 million) tax demand and fine for 2010, 2011 and 2012 fiscal years’ insurance operations’ investigation by Ministry of Finance Tax Inspection Board
The Fed’s Household Debt Service ratio through Q1 2015 was released this week: Household Debt Service and Financial Obligations Ratios. I used to track this quarterly back in 2005 and 2006 to point out that households were taking on excessive financial obligations.These ratios show the percent of disposable personal income (DPI) dedicated to debt service (DSR) and financial obligations (FOR) for households…
Ultra-wealthy people can be found all over the world. But where do they like to invest their riches? According to the annual Capgemini and RBC Wealth Management World Wealth Report, the world’s super-rich tend to keep most of their investments in their home regions. The report looked at high-net-worth individuals, or HNWIs (defined as people with investable assets of $1 million or more, excluding primary residence, collectibles, consumables, and consumer durables) from North America, Asia-Pacific, Latin America, the Middle East and Africa, and Europe…
Finance africa, america, asia-pacific, assets, collectibles, consumables, consumer, defined, durables, europe, excluding, investable, middle, primary, residence