Search Results for: Sage
FCA sets out approach to Non-Executive Directors and the Senior Managers Regime
February 23rd, 2015
Non-Executive Directors (NEDs) with specific responsibilities, such as Chairman, will come under the new Senior Managers Regime (SMR), the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) confirmed today. Following a detailed consultation across industry and with stakeholders ...
Finsphere Appoints Deanna Oppenheimer as a Strategic Adviser
February 19th, 2015
Former WAMU and Barclays retail banking executive leads CameoWorks consultancy Finsphere Corporation, a leader in mobile identity-authentication services, said today it has appointed Deanna Oppenheimer, founder and CEO of the Seattle-based global consultancy CameoWorks, as a strategic adviser to ...
Greece gets lifeline as ECB agrees €3.3bn extra emergency funds
February 19th, 2015
Total funding on offer now €68.3bn as Greek banks come close to using €65bn of liquidity funds granted by European Central Bank The embattled Greek government has been thrown a lifeline by the European Central Bank after the ECB agreed to ...
Citi Announces $100 Billion, 10-Year Commitment to Finance Sustainable Growth
February 18th, 2015
Citi announced today a landmark commitment to lend, invest and facilitate a total of $100 billion within the next 10 years to finance activities that reduce the impacts of climate change and create environmental solutions that benefit people and ...
Online court proposed to resolve claims of up to £25,000
February 16th, 2015
Civil justice council calls for internet-based dispute resolutions system similar to eBay’s to be available within two years The UK justice system should receive a radical overhaul for the digital age with the creation of an online court to ...
HSBC files reveal how UK’s non-dom tax concession is being exploited
February 12th, 2015
The leaked HSBC Swiss files reveal how widely Britain’s unique “non-dom” tax concession is being exploited. The government says the controversial tax status is supposed to be to the nation’s benefit, by encouraging wealthy foreign investors to spend time in Britain. ...
Varoufakis doesn’t rule out rift as Schaeuble warns time running out
February 11th, 2015
Finance Minister Yanis Varoufakis did not rule out clashing with his eurozone counterparts at Tuesday’s Eurogroup meeting in Brussels as Germany’s Wolfgang Schaeuble warned that Greece would be offered no other deal than the extension of its existing bailout. ...
Twitter earnings beat expectations as revenue grows
February 6th, 2015
Twitter reported a net loss of $125m (£82m) in the fourth-quarter, beating analyst expectations. It also said revenue grew faster than expected, increasing by 95% to $479m during the October to December period. Total monthly active users were 288 ...
Schäuble on his meeting with Varoufakis: We agreed to disagree
February 5th, 2015
February 5, Thursday – Statements of the two Finance Ministers after the conclusion of their meeting. Greek Finance Minister Yanis Varoufakis’ crucial meeting with his German counterpart Wolfgang Schäuble in Berlin begun at around 12.30 (Athens time) and lasted for ...
European Central Bank resists latest Greek bailout plan
February 4th, 2015
The European Central Bank is resisting a key element of the Greek government’s new rescue plan, potentially leaving Athens with no source of outside funding when its international bailout expires at the end of the month. Yanis Varoufakis, Greek ...