Search Results for: PRA
Europe to Pull Trigger on Google Antitrust Charges
April 15th, 2015
Case would be EU’s biggest competition battle since pursuit of Microsoft a decade ago Europe’s antitrust regulator plans to file formal charges against Google Inc.for violating antitrust laws, a person familiar with the matter said Tuesday, stepping up a five-year investigation ...
First US law firm to be licensed as ABS in UK
April 13th, 2015
The US firm has made its first UK hire and is going down the alternative business structure route. US law fim Cahill Gordon & Reindel has become the first US firm to be licensed as an Alternative Business Structure ...
Coinsetter Acquires Canadian Bitcoin Exchange CAVIRTEX to Expand Company’s Global Footprint
April 9th, 2015
Wall Street-based Coinsetter will move CAVIRTEX headquarters office to Toronto and integrate its institutional-class exchange technology to offer Canadian bitcoin traders a best-in-class Canadian Dollar bitcoin exchange Coinsetter, the global bitcoin exchange based in New York City, today announced ...
Greece’s €459m debt payment to IMF due on Thursday
April 9th, 2015
Eurozone country is close to running out of cash and the ECB, the EU and the IMF have frozen further aid until they reach an agreement with its left-wing government Greece is due to make a €459m (£332m) loan repayment ...
CySec: Granting trading benefits to clients
April 9th, 2015
Following Circular with number CI144-2014-02 in relation to the above subject, the Cyprus Securities and Exchange Commission (the “CySEC”) wishes to inform the Cyprus Investment Firms (‘CIFs’) about the following: It has been observed that CIFs are granting trading ...
Islamic Banking Lands In The Heart Of Europe
April 8th, 2015
Germany’s first Sharia-compliant bank wants to revolutionize the finance sector of the European economic juggernaut. Investment in businesses related to alcohol and gambling are prohibited, as is the practice of charging interest, and Muslim and non-Muslim customers are welcome. ...
Greece: Plans for cooperation with China
April 7th, 2015
Greece proposed a three-year cooperation plan to Beijing involving ports, ship building and repair, credit, supply chain and culture during Greek Deputy Prime Minister Yiannis Dragasakis’s recent visit to China, according to the Chinese government. Beijing said that it ...
Legal Revenue Grows as Elite Law Firms Set the Pace
April 6th, 2015
Tech sector, M&A fees help to make 2014 law industry’s best year since recession Last year, on average, was the best year for law firms since the recession. But averages can be misleading. Revenue at large, corporate law firms ...
Citibank Seen as Target for Plea in U.S. Currency Case
April 3rd, 2015
The U.S. Department of Justice is pressing for Citigroup Inc.’s main banking subsidiary to plead guilty to a felony tied to the rigging of foreign-exchange markets, according to two people briefed on the matter. Citigroup has countered with an ...
Independent Research firm names KPMG a ‘Leader’ among midsize mobile enterprise application services providers
April 3rd, 2015
KPMG Cited as a Leader among Providers in ReportFocusing on Business-to-Enterprise and Business-to-Business Mobile Capabilities. KPMG has been named a Leader in the Forrester Research, Inc. report, The Forrester Wave™: Mobile Enterprise App Services Providers – Midsize Providers, Q1 ...
