Search Results for: EU Court
Asia shares rise, sterling steadies ahead of Brexit vote
June 21st, 2016
Asian shares rose after a tentative start on Tuesday, cautiously extending a rally triggered by growing expectations that British voters will opt to remain in the European Union in this week’s referendum. MSCI’s broadest index of Asia-Pacific shares outside ...
HSBC to pay $1.575 billion, ending Household International class action
June 17th, 2016
A unit of HSBC Holdings Plc (HSBA.L) said on Thursday it will pay $1.575 billion to end a 14-year-old shareholder class action lawsuit stemming from the Household International consumer finance business that the British bank bought in 2003. HSBC ...
Hedge Fund Managers and Former Government Official Charged in $32 Million Insider Trading Scheme
June 16th, 2016
The Securities and Exchange Commission today announced insider trading charges against two hedge fund managers and their source, a former government official accused of deceptively obtaining confidential information from the U.S. Food and Drug Administration (FDA). A third hedge ...
Oracle whistleblower suit raises questions over cloud accounting
June 10th, 2016
The Oracle logo is seen on its campus in Redwood City, California June 15, 2015.REUTERS/ROBERT GALBRAITH A whistleblower lawsuit filed against Oracle Corp (ORCL.N) over its accounting practices underscores the pressures established computer companies face to show that they ...
French ex-trader Jerome Kerviel wins unfair dismissal case
June 8th, 2016
The French ex-trader Jerome Kerviel, whose unauthorised transactions lost his bank €4.9bn (£3.82bn), has won a claim for unfair dismissal. A labour court said the bank, Societe Generale, had dismissed him not because of his actions, which it must ...
Pound Tumbles, Volatility Jumps After Polls Show Brexit Momentum
June 6th, 2016
ITV poll shows Brexit ahead 45% to 41%; TNS has 43% to 41% One-month volatility at seven-year high before June 23 vote The pound slumped to a three-week low after polls showed more Britons favor exiting the European Union, reviving ...
EY to create 270 new jobs in Ireland expansion
June 3rd, 2016
Professional services firm opens second office in Dublin and new Galway office EY to recruit 220 new experienced hires and increase graduate intake from 200 to 250 across its seven offices Salaries for experienced hires to average in excess ...
The Five Most Useful Properties of Bitcoin
June 2nd, 2016
Bitcoin has received plenty of hype as the money of the future over the past few years, but what are the properties of this digital asset that set it apart from everything else on the market? What are the ...
Fraudsters of a Gold investment scam have been sentenced to prison
May 26th, 2016
Four American fraudsters who conned hundreds of British citizens out of millions of pounds through a bogus gold mining investment scheme have today been sentenced to prison in Tampa, Florida. Adriana Camargo, 37, Naadir Cassim, 40, Jon Nelson, 69, ...
Prosecutors demand jail for ex-PwC’s accountants
May 12th, 2016
During the last hearings of the LuxLeaks trial, prosecutors have asked for a 18-month jail sentence for Antoine Deltour and Raphaël Halet, both ex-PwC accountants who blew the whistle over the accountancy firm’s role in brokering sweetheart tax deals ...
