Search Results for: EY
FCA fines Deutsche Bank with £4.7m
August 28th, 2014
Deutsche Bank AG London Branch (Deutsche) has been fined £4,718,800 by the Financial Conduct Authority (FCA) for incorrectly reporting transactions between November 2007 and April 2013. Deutsche failed to properly report 29,411,494 Equity Swap CFD (contracts for difference) transactions. ...
Improvements Looked For In IRS External Leads Program
August 28th, 2014
Participation in the United States Internal Revenue Service (IRS) External Leads Program is growing, resulting in the receipt of a significantly larger volume of leads about questionable tax refunds, but the agency is not always verifying the leads timely, ...
Bitcoin shows staying power as online merchants chase digital sparkle
August 28th, 2014
Bitcoin is catching on at U.S. online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power. “Bitcoin isn’t going anywhere; it’s ...
Bringing It Back Home
August 28th, 2014
An increasing number of American companies are making plans to shift their headquarters to Europe. These so-called “inversions” would reduce these companies’ total tax bill by allowing them to escape from the United States’ uniquely unfavorable corporate tax rules. ...
Gold – Trying to Edge Higher from Support at $1275
August 28th, 2014
Gold for Thursday, August 28, 2014 Over the last couple of days Gold has been enjoying a small rally off the support level at $1275 after spend the best part of the last week resting on support there. In ...
Strong Demand for Australian Bonds
August 28th, 2014
The strongest demand at Australian bond auctions in a decade reflects yields in a sweet spot: more stable than those in the U.S. and higher than those in Europe. Reserve Bank of Australia Governor Glenn Stevens has said he ...
Apple loses bid to block sales of 9 Samsung phones
August 28th, 2014
A federal judge has rejected Apple’s attempt to block the sale of several older Samsung smartphones that copied features in the iPhone. Wednesday’s rebuff comes nearly four months after a jury awarded Apple Inc. $119 million in damages for ...
SEC Shelves Plan for Private Asset-Backed Bond Disclosure
August 28th, 2014
The U.S. Securities and Exchange Commission, while expanding disclosure requirements for one set of asset-backed securities, has stepped back from a plan to shed more light on a major part of the market. The five SEC commissioners unanimously approved ...
PwC must face $1 billion lawsuit over MF Global advice
August 28th, 2014
A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion (603 million pounds)lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by ...
Gold Up Again to $1285 on Softer U.S. Dollar
August 28th, 2014
Gold rose for the third straight day on Thursday on softening dollar and increased tensions between Ukraine and Russia, but the precious metal was under pressure from rallies in equities and the prospect of a U.S. interest rate hike. ...
