Search Results for: M&A
Alibaba faces U.S. investigation into its accounting practices
May 27th, 2016
Alibaba’s accounting methods are under investigation in the U.S. The Chinese e-commerce giant, which went public in 2014 in the largest NYSE IPO in history, quietly disclosed that the SEC is looking into whether it has violated federal securities laws. The ...
Marks & Spencer is going downmarket to try and rescue its clothing business
May 25th, 2016
Marks & Spencer put out another bad set of results on Wednesday— something that has become a tradition for the struggling retailer. Annual sales at M&S were up 2.4% to £10.4 billion ($15.2 billion) but pre-tax profit collapsed by 19.5% ...
Global law firm Linklaters announces the election of new Senior Partner
May 24th, 2016
Global law firm Linklaters announces the election of Charlie Jacobs as the firm’s new Senior Partner. Elected on a five-year term the appointment will be effective from 1 October 2016, once current Senior Partner Robert Elliott’s term ends. Charlie Jacobs joined ...
Android Pay launches in the UK
May 19th, 2016
Google’s Android Pay has launched in the UK, enabling millions of Brits to make contactless instore and in-app payments with their handsets. Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S Bank, MBNA and Nationwide Building Society are ...
Playtech reports Growth in daily average revenues in 2016 remains in line
May 18th, 2016
Playtech (LSE: PTEC) is today hosting its Annual General Meeting at which Alan Jackson, Playtech’s Chairman, will make the following statement: “I am delighted to say that the momentum that Playtech enjoyed in 2015 has continued into 2016. Growth ...
French law firm opens office in Moscow
May 13th, 2016
This office, run by David Lasfargue, employs 15 people including 10 lawyers and legal experts. Jeantet is strengthening its international presence and is now the most dynamic French law firm in Eastern Europe following the opening of its Kiev ...
Credit Suisse announces 1Q16 results
May 11th, 2016
Significant cost savings across the bank, and profitable growth and net asset inflows in APAC, IWM and Swiss UB. Stable capital position at 11.4% Highlights 1Q16 financial performance Group reported pre-tax loss of CHF 484 million (adjusted*: CHF 173 ...
China Stops Trying To Fool The World; World Is Sorry
May 10th, 2016
Something interesting has happened. China earlier this year responded to falling stock prices by borrowing a trillion dollars and spending it on commodities, boosting the prices of iron ore, oil, copper, etc., and giving the global economy a patina ...
Convergex Expands European Presence
May 5th, 2016
Convergex has issued an announcement to inform that it has further expanded its European-based electronic sales team with the recent hiring of Leila Mayet and Jeanine Cerligione. Both Leila and Jeanine join Convergex as Vice-Presidents and will focus on ...
International law firm to launch a practice in Dubai
May 4th, 2016
Withers continues its international expansion with a deal to launch a practice in Dubai with the hire of EY’s Middle East and North Africa (MENA) private client chief Stijn Janssen. The office will be located in the Dubai International ...
