Teaser rates are those that lure customers to a product, such as a cash Isa, with higher initial interest rates. However these are only introductory rates, sometimes containing a first year bonus, and will drop off again after the first twelve months, sometimes to as little as 0.1pc.
High quality temporary and permanent staffing
FCA could probe ‘teaser’ rates
Barclays Bank PLC Announces Quarterly Coupon Payment on iPath® S&P MLP ETN
Credit of Barclays Bank PLC: The ETNs are unsecured debt obligations of the issuer, Barclays Bank PLC, and are not, either directly or indirectly, an obligation of or guaranteed by any third party. Any payment to be made on the ETNs, including any payment at maturity or upon redemption, depends on the ability of Barclays Bank PLC to satisfy its obligations as they come due. As a result, the actual and perceived creditworthiness of Barclays Bank PLC will affect the market value, if any, of the ETNs prior to maturity or redemption. In addition, in the event Barclays Bank PLC were to default on its obligations, you may not receive any amounts owed to you under the terms of the ETNs.
Paul Tucker risks row with Chancellor over bank rescue plans
“I can see a case for both insured and some uninsured depositors being preferred,” he said. “That would help to provide some protection, beyond the deposit guarantee scheme, for users of the monetary services that banks provide via overnight and short-term deposits; it could provide a small degree of protection against runs; and there could be an element of social justice in insulating, say, small firms and charities from the first line of loss.”
Providence Mayoral Race Taking Shape
Notable: Finished 2nd to Taveras in 2010 Dem mayoral primary. Served as Interim Mayor for four months in 1999 when then Mayor Cianci stepped down.
Posted by Interim Partners, Interim public sector management specialists.
Hedge fund ETF provider IndexIQ surpasses $1 billion in assets
Unfortunately, IndexIQ’s ETFs are currently only available on the NYSE Arca, which can make them inefficient from a tax perspective for non-US investors. Fortunately, UK/European investors looking for locally listed hedge fund-style strategies in ETF format have a number of alternatives to consider. Options include the UBS-ETF HFRX Global Hedge Fund SF (UC19), which tracks the HFRX Global Hedge Fund Index, and the db X-trackers db Equity Strategies Hedge Fund Index UCITS ETF (XHEG), which is linked to the db Equity Strategies Hedge Fund Index.
