Search Results for: EU
Ex-Goldman director Rajat Gupta fails to void conviction
July 15th, 2014
Former Goldman Sachs Group Inc director Rajat Gupta, serving a two-year prison term, has failed to persuade a federal appeals court to overturn his insider trading conviction. In a brief order, the full 2nd U.S. Circuit Court of Appeals ...
Technology and delegation keys to CFO time management
July 14th, 2014
As the business environment becomes more complex, CFOs’ responsibilities are increasing, making time management a critical factor in job and organisational success. Two strategies in particular are helping CFOs make the most of their time, according to a survey of ...
Global fund managers face multi-asset skills shortage
July 14th, 2014
Global fund management firms are struggling with a skills shortage as the industry moves towards multi-asset investing in an attempt to improve returns, a study showed on Monday. With stock markets struggling to match the stellar gains of 2013, ...
Shire says ready to recommend AbbVie’s $53 billion offer
July 14th, 2014
London-listed drugmaker Shire said on Monday it was ready to recommend a new 31 billion pounds ($53 billion) takeover offer from AbbVie, entering talks after receiving a fifth bid from the U.S. firm. Chicago-based AbbVie, which wants to buy ...
Interview with GoCoin’s Steve Beauregard
July 14th, 2014
I visited Los Angeles Bitcoin Incubator Bitropolis earlier this year, and I got to meet Steve Beauregard, the founder of GoCoin. While in his office in the scenic Santa Monica, CA, I had a few questions for him– and ...
Whiting To Buy Kodiak For $3.8 Billion, Create No. 1 Bakken Producer
July 14th, 2014
Whiting Petroleum Corp. said on Sunday it would acquire Kodiak Oil & Gas Corp. for $3.8 billion in stock, to become the largest producer in North Dakota’s Bakken shale oil formations, eclipsing Harold Hamm’s Continental Resources Inc. . By ...
Barclays Wealth exodus of high-profile staff continues
July 14th, 2014
Barely a month passes without news of another senior departure from Barclays Wealth. The unit, which manages £200bn of assets, resembles something of a revolving door, but the bank denies the high turnover of staff is indicative of retention ...
NZ Dollar Outlook: Kiwi may test post-float high as inflation looms
July 14th, 2014
The New Zealand dollar may test a post-float record this week with second-quarter inflation figures likely to underline the Reserve Bank’s path to higher interest rates, though the currency may struggle to hold those gains. The kiwi may trade ...
Gold Falls as Portuguese Bank Seeks to Calm Debt Concerns
July 14th, 2014
Gold declined for the first time in three days as concerns eased that banking woes in Portugal will spur a wider debt crisis in Europe, crimping demand for the precious metal as an alternative investment. Banco Espirito Santo SA ...
Traders Flood U.S. With $3.4 Trillion of Bond-Auction Demand
July 14th, 2014
The intensifying debate over when the Federal Reserve raises interest rates is little more than a sideshow when it comes to the ability of the U.S. to borrow. For all the concern fixed-income assets will tumble once the central ...
