Search Results for: VAT
Banker in Middle of Fight Between Goldman Sachs and Libya
October 30th, 2014
The emergence of Jaber George Jabbour in a battle between Libya’s sovereign wealth fund and Goldman Sachs reveals the complex relationship between banks and public sector entities. As an analyst at Goldman Sachs, Jaber George Jabbour learned the intricacies ...
Federal Reserve ends bond-buying stimulus
October 30th, 2014
The Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in the job market – a key condition for an eventual interest rate increase. The Fed did reiterate its plan ...
Barclays Third-Quarter Profit jumps, sets aside FX probe
October 30th, 2014
Barclays Plc (BARC), the U.K.’s second biggest bank by assets, said third-quarter profit unexpectedly rose in the third quarter as the bank set aside 500 million pounds ($799 million) to settle probes into currency markets. Adjusted pretax profit rose ...
DGCX launches to new pairs of Mini Indian Rupee Futures
October 30th, 2014
The Dubai Gold and Commodities Exchange (DGCX), which has commenced trading in November 2005 as the regions first commodity derivatives exchange and has become today, the leading derivatives exchange in the Middle East., announced the launch of two new pairs of ...
Dutch market maker and liquidity provider on key European markets
October 30th, 2014
Tbricks announced that WEBB, market maker and liquidity provider on key European markets, has deployed Tbricks for trading and market making of cash products and financial derivatives. Founded in 2006, Tbricks was initially designed for high frequency trading in ...
Suspension of payments for Assya Asset Management Luxembourg S.A.
October 29th, 2014
Luxembourg’s financial regulator has issued an announcemnt that in accordance with Article 60-2 of the law of 5 April 1993 on the financial sector, the company ASSYA ASSET MANAGEMENT LUXEMBOURG S.A. has filed an application for suspension of payments ...
Former head of US regulator advising top Bitcoin companies
October 29th, 2014
A former chair of the Securities and Exchange Commission (SEC) has been appointed to the advisory board of the two major Bitcoin companies. Arthur Levitt, who served as chair of the SEC between 1993 and 2001, will advise Bitpay ...
PwC and Google Announce Joint Business Relationship
October 29th, 2014
PwC and Google Inc. (NASDAQ: GOOG, GOOGL) today announced the launch of a joint business relationship to bring new and innovative services to companies around the world. The rapid pace of innovation in technology has fundamentally changed how and ...
Deutsche Bank swings to €92m loss on legal costs
October 29th, 2014
Deutsche Bank swung to a loss in the third quarter because of higher legal costs to settle investigations. Germany’s largest lender posted a net loss of €92m ($117m; £72.6m) in the three months to September, compared to a profit ...
Vodafone Starts Audit Into Possible Tax Fraud at Ono Unit
October 27th, 2014
Vodafone Group Plc (VOD) said it has begun an audit into possible tax fraud at Grupo Corporativo Ono SA, the Spanish cable operator Vodafone bought in July. “As soon as Vodafone became aware of the issue we instigated a ...
