Search Results for: financial institutions
Wall Street execs being investigated
September 18th, 2014
Citing Wall Street’s “troubling return” to risky conduct that preceded the 2008 financial collapse, Attorney General Eric Holder said Wednesday that federal authorities are poised to file criminal charges against an undisclosed number of individuals at various financial institutions. ...
Why accountants are dissatisfied with their job?
September 12th, 2014
What makes accountants want to leave their jobs? Poor chances of promotion, not enough pay and unsatisfactory management are the key reasons, according to a survey by accounting recruiter Richard Lloyd. Nearly 50 per cent of respondents said they ...
BRICS, banking on development
September 11th, 2014
The creation of the BRICS New Development Bank (NDB) to finance infrastructure and sustainable development projects in emerging economies is a landmark achievement. Developing nations have lost faith in the current system with its strict conditions on development finance ...
The Reasons Bankers Weren’t Busted
September 9th, 2014
“There Were No Convictions of Bankers for Good Reason” is the headline of a post by Mark F. Pomerantz, a lawyer and retired partner at Paul, Weiss, Rifkind, Wharton & Garrison in the New York Times’s Room for Debate ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
Bitcoin trader admits unlicensed money transfers
September 5th, 2014
The operator of an exchange for the virtual currency Bitcoin has pleaded guilty to running an unlicensed money transmitting business. Charlie Shrem from BitInstant.com admitted the charges in a New York federal court hearing. Another Bitcoin trader, Robert Faiella, ...
No Matter the Outcome, Scottish Vote Will Shake U.K.
September 5th, 2014
Until this week, almost nobody outside Scotland took very seriously the possibility that Europe’s most stable and durable nation, the only big country on earth not to have suffered invasion, revolution or civil war at any time in the ...
Bank regulators need to get more realistic if we are to avoid a new crisis
September 2nd, 2014
The idea of a “Europe without banks” became popular after the financial crisis, when bankers were demonised and punitive regulations proposed. Six years on, the repercussions still resonate deeply, as I found at the recent Alpbach Financial Markets Symposium, ...
Is Russia connected to JPMorgan hacking?
August 29th, 2014
Security experts say the sophistication of the attacks suggest they were state sponsored. Federal investigators are trying to determine if state-sponsored Russian hackers were behind the coordinated cyber attacks that looted data from JPMorgan Chase and other banks this ...
FSA takes administrative action against Kookmin Bank
August 28th, 2014
The Financial Services Agency (FSA) has taken some administrative actions against Kookmin Bank, Japan Branches. Following its on-site inspection and the report prepared by the Japan Branches based on Article 24, paragraph 1, and Article 48 of the Banking ...
