US Finance World

It appears that, just as in the US, where “the big 4″ financial oligarchs now dominate and have become even “too bigger to fail” post crisis and make a farce of “8000 competitors”….

Assets

1.Bank of America (BAC) $2.3 Trillion 2.JPMorgan (JPM) $2.0 Trillion 3.Citigroup (C) $1.8 Trillion 4.Wells Fargo (WFC) $1.3 Trillion (There is no one else who is even close in commercial banking-Goldman does not count for this list).

….we have the same issue in Europe. As we await the next surge in the stock market (which tells us all is, of course, right in the world), these are not issues to worry about today…. but file all these as the series of “no one could of imagined!” Black Swans will hit us in the decade to come. I truly am amazed at the power of financiers… it is like they are some super class of humans. Then again companies in no other industries have institutions (central banks) whose main job is to move heaven and earth, to make sure their prodigy always win.

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A credit card expert has advised Christmas shoppers. Equifax has advised UK credit card customers to get their finances in order for the New Year by keeping track of what they owe.

Neil Munroe, the firm’s external affairs director, suggested that people should find out “exactly what they have to repay” in order to keep their credit card balances under control.

These actions could increase a borrowers’ likelihood of being accepted for 0% credit cards and other credit card deals in future.

This is because building a solid repayments record increases a consumer’s credit score, making them look more trustworthy to credit card providers and other financial services firms.

Mr Munroe added: “Now more than ever, consumers need to take stock of their finances and make sure they maintain a healthy credit file.

“After the inevitable Christmas spending spree it will be even more important for consumers to know exactly what they have to repay so that they can avoid a real New Year financial hangover.”

Figures compiled by financial charity Credit Action and released yesterday (December 1st) suggest that each UK household currently owes around £9,000 in non-mortgage debt. Read more…

To overcome the increasing rate of pollution, government of United Kingdom has taken a vital step against the emission of carbon dioxide (CO2) into the atmosphere by the vehicles. The government has enforced new Co2 based UK tax rates according to which the owner whose vehicle emits more Co2 is liable to pay more tax. To avoid paying more car tax rates one should opt for the greener vehicles and should do tax planning solicitously all through the year.

So if you are planning to buy a new cost-effective car then it is recommended that you use car emissions calculator available online to compare the various models of cars on the basis tax. Tax calculator gives an indication of the tax charges that you would be likely to pay. In order to calculate car tax you require simple details relevant to fuel type, transmission details like manual, automatic or both, manufacturer, car model and specific Euro standard.

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Each and every day, about $1 trillion are being traded in the Forex market and it’s quite easy to see why there are so many people interested in trying it out for themselves. After all, it’s a great opportunity to make money once you’ve learned the basics. Of course, nothing would take the place of experience as the best teacher when it comes to trading but there are ways through which you can learn enough to give you a generous start in the currency trading market. There really isn’t one best way to learn Forex trading because people differ in the way absorb the information they are being given. For example, people like it when everything’s fast paced whilst there are those who like to take their time. However, many would agree that the best way to get started with learning how to trade is through a Forex demo account. Basically, through a demo account you would be able to get first hand experience without risking any money. It would

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