Search Results for: US authorities
Antitrust Goes International
October 30th, 2014
In a globalizing world economy, it’s perhaps no surprise that mergers and acquisitions are also crossing national borders more frequently–and that the risk of cartel-like behavior across national borders is also rising. The OECD lays out some background in ...
Mashreq Bank retail chief insists the bank does not cold call customers
October 27th, 2014
Mashreq Bank has insisted that it does not engage in cold calling of residents, according to the bank’s UAE head of retail banking. Despite the practice being outlawed by authorities in the UAE since 2011, there have been numerous ...
Skill set needed to make Cyprus a Strong Fund Jurisdiction
October 23rd, 2014
Despite the current financial crisis and recession that we are experiencing, one industry that stands out, is resilient, and is growing is the Financial Services. Despite the reputational damage that we suffered following the events of March 2013, many ...
After JPMorgan Cyberattack, fortification of Wall Street Banks is a must
October 22nd, 2014
Federal and state regulators are said to be discussing fortification of a critical area of cybersecurity: outside vendors, including law firms, accounting and marketing firms and even janitorial companies. This summer’s huge cyberattack on JPMorgan Chase and a dozen ...
Speaker of Alabama House arrested on Corruption Charges
October 21st, 2014
Michael G. Hubbard was charged with 23 felony counts, including voting for legislation in which he had a conflict of interest and using his public office for personal gain. The speaker of the Alabama House of Representatives, Michael G. ...
Sanctions force another company out of Russia’s oil boom
October 9th, 2014
Western sanctions against Russia have led Royal Dutch Shell to discontinue its work with Gazprom Neft extracting shale oil from a field in Siberia. In announcing Shell’s suspension on its website, Gazprom Neft, part of the Kremlin-run gas monopoly ...
Prada’s CEO being investigated by Italian authorities over tax
September 29th, 2014
Italian luxury fashion house Prada SpA said on Monday its chairwoman Miuccia Prada and her husband, chief executive officer and fellow shareholder Patrizio Bertelli, are under investigation by Italian authorities over past taxes. The Hong Kong-listed company said in ...
OANDA partners with Australian CFD Forum
September 26th, 2014
OANDA, a global provider of innovative foreign exchange FX and contract for difference (CFD) trading services , has officially joined the Australian CFD Forum, an industry body that is committed to enhancing the efficient operation, transparency, and overall investor ...
Galaxy Securities Says Staff Cooperating With Authorities
September 22nd, 2014
China Galaxy Securities Co. the top underwriter of Chinese corporate debt in 2011, said three employees were directed to cooperate with the nation’s judicial authority on matters the firm didn’t specify. Dai Xu, chief officer of the Beijing-based company’s ...
Europe groups fear being caught in US tax crackdown
September 22nd, 2014
European multinationals have launched a rearguard effort in Washington to prevent them becoming unintended victims of a US crackdown on tax-driven international mergers. As the Obama administration finalises plans to curb “tax inversion” deals, big European companies that typically ...
