Search Results for: tax
Big Four in talks with UK government on Brexit
July 21st, 2016
Accountants’ expertise will be needed as the trade negotiations start following the UK’s vote to leave the EU, the government has confirmed, while the Big Four are building up specialist Brexit teams to meet the demand for advice on ...
KBW and Nasdaq Launch Financial Technology Index
July 20th, 2016
Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), and Nasdaq (NASDAQ:NDAQ) today announced the launch of the KBW Nasdaq Financial Technology Index (Ticker: KFTX), a preeminent index designed to precisely track the performance of those companies that leverage ...
The Central Bankers’ Bold New Idea: Print Bitcoins
July 20th, 2016
When it comes to bitcoin and digital currencies, central banks might be considering the adage: “If you can’t beat them, join them.” In a research paper published on Monday, economists at the Bank of England advocated that central banks issue their own ...
Invoice fraud costs developing countries billions
July 20th, 2016
Some developing countries are losing as much as 67% of their exports to invoice fraud, according to research commissioned by the United Nations (UN), which claims that the over-and-under invoicing of trade transactions over the past two decades has ...
Interactive Brokers reports comprehensive earnings per share of $0.36
July 20th, 2016
Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, reported diluted earnings per share on a comprehensive basis of $0.36 for the quarter ended June 30, 2016, compared to diluted earnings per share on a comprehensive ...
IG Group reports Net Trading Revenue up 14% at £456.3 million for the year ended 31 May 2016
July 19th, 2016
IG Group has issued an announcement to report its results for the year ended 31 May 2016. Operating and Financial Summary Strong revenue performance across all geographic regions Net trading revenue(1) up 14% at £456.3 million Operating costs up ...
Brexit, banks fueling bitcoin’s resurgence
July 19th, 2016
The bitcoin renaissance seems to be at hand, with investors using the virtual currency to weather turbulent financial markets and banks striking partnerships to explore the system’s underlying technology. Until mid-May, 1 bitcoin fetched on the order of $400 ...
The International Ethics Standards Board for Accountants redefines accountants’ Ethical Role
July 18th, 2016
The International Ethics Standards Board for Accountants® (IESBA®, the Ethics Board) today released a new standard, Responding to Non-Compliance with Laws and Regulations. The standard sets out a first-of-its-kind framework to guide professional accountants in what actions to take in the public ...
World’s oldest bank is on the point of collapse
July 18th, 2016
Italy’s third-largest and the world’ oldest bank, Monte dei Paschi de Siena, is on the point of collapse unless it receives state support. Its failure could spark a banking crisis in Europe, but EU rules forbid bank bailouts using ...
Global law firm is expanding its EU presence with the opening of a third office in Germany
July 18th, 2016
Global law firm K&L Gates LLP is expanding its European presence with the opening of a Munich office, the firm’s third office in Germany (along with Berlin and Frankfurt) and 46th worldwide, with the hire of investment management partner Dr. Hilger von ...
