Most Clicked CFA Institute Financial NewsBrief Stories


1. Victorious Greek leader pledges no conflict with creditors

CFA Institute Financial NewsBrief | Jan 26, 2015

Alexis Tsipras, leader of Greece's anti-austerity Syriza party, which won national elections, said the nation will end its harsh austerity program through negotiation and will not engage in conflict with creditors. "The new Greek government is ready to cooperate and negotiate with Greece's partners a just and viable solution," he said. "There will be no catastrophic clash" with creditors, he said. Market News International (25 Jan.) Kathimerini (Greece) (26 Jan.) Deutsche Welle (Germany) (26 Jan.)


2. Fed signals low rates to continue until at least June

CFA Institute Financial NewsBrief | Jan 29, 2015

The Federal Reserve has indicated that it won't increase interest rates before June but remains silent about what happens after that. Although the central bank's policy committee is upbeat about the economy, it says it expects a deepening of inflation slowdown. New York Times (tiered subscription model), The (28 Jan.) Bloomberg (28 Jan.)


3. Does Syriza's victory in Greek elections alter the likelihood of Greece exiting the eurozone (Grexit)?

CFA Institute Financial NewsBrief | Jan 27, 2015


4. Obama calls for offshore oil, gas drilling on Atlantic coast

CFA Institute Financial NewsBrief | Jan 28, 2015

The Obama administration proposed a change in policy that would open the door to offshore oil and gas exploration along the Atlantic coast from Georgia to southern Virginia. Parts of northern Alaska's coastline designated for energy production would be closed to offshore drilling. Houston Chronicle (tiered subscription model) (27 Jan.) Washington Post (tiered subscription model), The (27 Jan.)


5. Greece defies creditors by freezing privatization

CFA Institute Financial NewsBrief | Jan 29, 2015

The Greek government triggered a confrontation with international creditors by stopping privatization of several government-owned transportation and energy companies. Lenders have demanded that Greece accelerate the sale of assets in return for additional funding. Greek Reporter blog (28 Jan.) Deutsche Welle (Germany) (28 Jan.)


6. Eurogroup could discuss concessions on Greek debt

CFA Institute Financial NewsBrief | Jan 27, 2015

EU Economic Commissioner Pierre Moscovici said after a Eurogroup meeting that the EU could discuss with Greece relaxation of terms for repaying debt. Jeroen Dijsselbloem, the Eurogroup's president, said the EU has always been open to taking a fresh look at "debt-sustainability issues." Reuters (26 Jan.) EuroNews.com (France) (26 Jan.)


7. Fiduciary-rule memo shows White House ignorance, exec says

CFA Institute Financial NewsBrief | Jan 28, 2015

Adam Antoniades, president of broker-dealer Cetera Financial Group, says he is shocked by ignorance shown in a White House memo supporting a Department of Labor fiduciary standard for financial advisers who guide retail investors on retirement. The memo "accuses all financial advisers of defrauding their clients," he said. "The ignorance displayed in the memo is quite shocking to me. It's frankly offensive." InvestmentNews (free registration) (27 Jan.) ThinkAdvisor (27 Jan.)


8. Yahoo plans $40B spinoff to cash out Alibaba stake

CFA Institute Financial NewsBrief | Jan 28, 2015

CEO Marissa Mayer said Yahoo will spin off its equity interest in Alibaba Group Holding and distribute $40 billion of proceeds to shareholders. By transferring the shares into a new publicly traded investment company called SpinCo, Yahoo will avoid a multibillion-dollar tax charge. San Jose Mercury News (Calif.) (free registration) (27 Jan.)


9. Russian credit rating cut by S&P

CFA Institute Financial NewsBrief | Jan 27, 2015

Standard & Poor's has lowered Russia's sovereign credit rating to below investment grade for the first time in 10 years, citing a drop in oil prices and economic sanctions tied to events in Ukraine. Wall Street Journal (tiered subscription model), The (26 Jan.) Reuters (27 Jan.)


10. EU document to map out capital-markets union by 2019

CFA Institute Financial NewsBrief | Jan 28, 2015

The EU is preparing a document outlining the establishment of a capital-markets union by 2019. Three papers introducing the framework are set to be published Feb. 18 by the European Commission. Many see the effort as unrealistic, saying nations will never compromise enough to pull it off. Reuters (27 Jan.)