Search Results for: EBS
Russia Knows Europe Sanctions Ineffective With Tax Havens
May 5th, 2014
Two years ago, a Dutch law firm prepared a pitch in Moscow to Russian businesses: come to the Netherlands and we can help you avoid taxes and keep your assets safe. “You can rely on our legal system!” the ...
Tax Is the New Black for Foreign Takeovers
May 2nd, 2014
U.S. pharmaceuticals company Pfizer has augmented its attempt to buy AstraZeneca, the U.K.’s second-biggest drug maker, with a letter to Prime Minister David Cameron. The missive, as well as reminding us that meddling politicians still view takeovers as being ...
Deutsche Bank Attacks Basel Plan’s Threat to Repo Market
April 30th, 2014
Global banks from Deutsche Bank AG (DBK) to Credit Suisse Group AG (CS) are urging international regulators to rethink a liquidity rule they say risks harming the market for repurchase agreements and pushing up governments’ borrowing costs. Draft plans ...
Google warning on Putin’s possible Internet censorship might prove right
April 30th, 2014
Google Inc. Chairman Eric Schmidt warned last year that Russia was “on the path” toward China’s model of Internet censorship. Vladimir Putin is proving him right. With Russia locked in the worst standoff with the U.S. since the Cold ...
Wall Street’s Top Banks To Keep Lower Profile At Russian Investment Meeting Amid Growing Sanctions
April 30th, 2014
Wall Street’s top firms are walking an increasingly fine line between business as usual and growing political pressure to shun Russia for its annexation of Crimea and meddling in Ukraine, believing that their business ties are more important than ...
Russia is preparing its response to additional sanctions by the EU, the U.S. but also Japan
April 29th, 2014
The Japanese government followed the lead of the U.S. and the European Union, or EU, Tuesday by imposing additional sanctions against Russia even as Moscow stated that it has prepared a response to the sanctions and is working on ...
VAT is Set to Change on 1st Jan 2015 – How Will This Affect Your Business?
April 29th, 2014
VAT rules are set to change in 2015, UK businesses and accountants should now begin to prepare says one analyst. What changes will the new rules concerning VAT bring in the new year? It may seem a while away, ...
Deutsche Bank Profit Beats Estimates on Trading Revenue
April 29th, 2014
Deutsche Bank AG (DBK), Europe’s largest investment bank by revenue, said first-quarter profit declined less than expected as trading revenue exceeded analysts’ estimates. Net income dropped 34 percent to 1.08 billion euros ($1.5 billion) in the three months through ...
European Index Futures Gain as Asia Falls; Nickel Rallies
April 28th, 2014
European equity futures rose while Asian stocks fell, pushing the regional index to an almost two-week low, as investors weighed company earnings, while the Korean won gained. Wheat climbed with nickel amid prospects for additional sanctions against Russia over ...
CySec: regarding fx financial instruments
April 25th, 2014
The Cyprus Securities and Exchange Commission (CySec), has issued a press release informing the Cyprus Investment Firms (‘the CIFs’) about the following: 1. Concerns have been raised about the lack of harmonisation between the EU Member States on where ...