Search Results for: Rouble
Saudi money market turmoil shows bank jitters over bond issues
August 17th, 2015
Longer-term money rates, dollar/riyal forwards surge Banks easily absorb last week’s sovereign bond issue Multi-year issuance programme could be different Official secrecy around bond plans adds to jitters Some see eventual pressure on FX peg, but CDS show no ...
Citigroup’s ‘Bad Bank’ Isn’t So Bad Anymore
August 13th, 2015
Citi Holdings, the ‘bad bank’ Citigroup created to dispose of unwanted assets, has become a surprise success story Citi Holdings was born to be bad. But it is getting better with age. The “bad-bank” unit of Citigroup Inc., Citi Holdings for more ...
The Rules: Forcing companies to disclose tax strategy risks confidentiality issues
August 13th, 2015
A “legislative requirement” for large businesses to publish their tax strategy could create commercial confidentiality risks In an age where large corporates continue to engage in tax avoidance or aggressive tax planning, compelling businesses to disclose their tax strategies ...
KPMG facing probe as Quindell restates accounts
August 10th, 2015
KPMG is facing an investigation by the accounting watchdog over its work auditing the accounts of troubled AIM-listed insurer Quindell. The Financial Reporting Council inquiry was confirmed hours after Quindell revealed it had plunged to a £68m loss last year ...
Deutsche Bank Fires Two Senior Trading Executives
August 6th, 2015
Ben Solomon and Ashish Jain are no longer with the bank Deutsche Bank AG has fired two senior trading executives for alleged lax supervision of a pair of more junior employees whose communications with clients allegedly violated the lender’s policies, a ...
Asian Shares Gain After Rosy China Data
August 5th, 2015
IMF says China likely needs more market liberalization before labeling yuan a reserve currency Asian shares pared earlier losses to trade higher Wednesday after a gauge of China’s service sector reached an 11-month high, outweighing concerns that a rise ...
Can Bitcoin Change Wi-Fi For the Better?
July 29th, 2015
It’s certainly not unusual in the bitcoin and blockchain industry to see several companies coalesce around a new use case for the technology. However, what may be novel about the sudden focus on Wi-Fi is the size and ubiquity ...
What are the implications of the Greek crisis for legal business and the rule of law
July 27th, 2015
What are the implications of the Greek crisis for legal business and the rule of law? At a roundtable held under the Chatham House Rule, Jonathan Rayner heard City lawyers consider the potential fallout. Greek riot police silhouetted against ...
5 Ways that Cryptocurrency Improves Lives
July 23rd, 2015
Cryptocurrencies like Bitcoin can improve lives. That’s an undisputable fact that we have seen evidence for over and over again. Below we have listed five ways cryptocurrency improves lives. Let us know in the comment field how you think ...
Two arrested in illegal bitcoin scheme
July 23rd, 2015
A West Palm Beach man is one of two individuals arrested by federal authorities Tuesday for operating an unlicensed money-transfer business that allegedly used bitcoins to launder cash for on-line criminals. Authorities arrested Anthony R. Murgio, 31, of West ...
