Search Results for: PRA
How the Big Four have returned to consulting with a bang
October 2nd, 2015
Whether by acquisition, organic growth or the recruitment of experienced hires, the Big Four have established consultancy groups that singly and collectively are a force to be reckoned with. According to analyst firm Gartner, spending on management consultancy services increased ...
EY recruits over 4500 people and breaks £2b milestone in the UK
October 2nd, 2015
8% growth takes revenue over £2b Record 95 equity Partners join the UK Partnership – over a third are women New office opens in Canary Wharf Growth reported across all service lines and regions Distributable profits up 6% from ...
SEC Charges Two Grant Thornton Firms With Violating Auditor Independence Rules
October 2nd, 2015
The Securities and Exchange Commission today charged Grant Thornton India LLP and Australia-based Grant Thornton Audit Pty Limited with auditor independence violations that occurred when two Grant Thornton Mauritius partners served on the boards of Mauritius-based subsidiaries of companies ...
Greece: Recap is key to next disbursements – Eurogroup meeting
October 2nd, 2015
Greece: Banking reforms that are necessary for the sector’s recapitalization are key to the disbursement of the first couple of bailout subtranches, say sources in Brussels, as the Euro Working Group is set to convene on Friday to draft ...
Banks Finalize $1.86 Billion Credit-Swaps Settlement
October 2nd, 2015
Suit claimed banks conspired to prevent competition Wall Street’s biggest banks have agreed to pay $1.86 billion to settle accusations that they conspired to prevent competition in the credit-derivatives markets, according to plaintiff lawyers in the private lawsuit. Twelve ...
UBS Unit to Pay $34 Million in Settlements Over Puerto Rico Bond Funds
September 30th, 2015
Settlements stem from former broker who had customers invest borrowed money in the funds A unit of UBS Group AG agreed to pay roughly $34 million in settlements with U.S. regulators regarding the sale of Puerto Rico bond funds ...
Renaissance Capital Goes Live on Calypso
September 30th, 2015
Calypso Technology, Inc., the global standard for financial markets software solutions, has successfully deployed its award-winning solution at leading emerging and frontier markets investment bank Renaissance Capital as a strategic cross-asset back-office solution for the bank’s client and proprietary ...
Deloitte ranked #1 in Global Consulting by Kennedy for the fourth consecutive year
September 30th, 2015
For the fourth consecutive year, Kennedy Consulting Research & Advisory, the leader in market analysis on the consulting profession, has ranked Deloitte (Deloitte Touche Tohmatsu Limited member firms) as number one in Global Consulting and Management Consulting based on ...
Gazprom Responds to EU Charges of Hindering Competition, Unfair Pricing
September 29th, 2015
Russian energy firm proposed a settlement with regulators last week OAO Gazprom on Monday sent its response to European Union charges that the Russian energy firm hindered competition and charged unfair prices in Eastern Europe, arguing the case was ...
ESMA readies MiFID II, MAR, and CSDR
September 28th, 2015
The European Securities and Markets Authority (ESMA) today published its final technical standards (TS) on some of the most important pieces of post-crisis financial regulation: the Markets in Financial Instruments Directive (MiFID II), the Market Abuse Regulation (MAR) and the Central Securities Depositaries Regulation(CSDR). ...