Search Results for: Big four
Israel’s Flourishing Fintech Has Many Fathers
December 21st, 2015
Israeli finance technology has taken giant leaps in the last few years. Hundreds of local startups are developing new technologies for payment and security solutions, and multinational companies and banks are flocking to Israel for a piece of the action. Much ...
Commodity losses
December 18th, 2015
Markets have been extraordinarily complacent about the bad debts building up in the financial system. In the wake of the Fed’s decision to raise interest rates this week, the effect on debt was barely mentioned in the subsequent analysis ...
Cameron Claims Momentum as EU Offers Compromise on U.K. Demands
December 18th, 2015
Prime Minister David Cameron said his bid to change Britain’s relationship with the European Union is gathering momentum after fellow leaders signaled they are willing to find compromises on his demand for curbs on welfare. Rather than the fight ...
KPMG UK announces 2.6% growth in revenues to £1.96bn
December 18th, 2015
The firm invested almost £200m in acquisitions, property and staff training Tax and audit were the firm’s highest earning services The firm, its partners and employees paid £786m in taxes KPMG, the professional services firm providing audit, tax and ...
Merkel’s Refugee Mini-Summit Threatens EU Split
December 17th, 2015
German Chancellor Angela Merkel Thursday attended an EU mini-summit on the sidelines of the main European Council meeting of all 28 member states in a move seen by many as a sign of further divisions in Europe. Merkel is ...
Global stocks, dollar climb as Fed lifts off
December 17th, 2015
Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in the world’s largest economy, lifting the dollar and piling on the pain for oil prices. ...
Japan regulator seeks punishment of Ernst-affiliate over Toshiba audit
December 15th, 2015
A Japanese regulatory board recommended punishing an Ernst & Young affiliate after its audit of Toshiba Corp failed to spot Japan’s worst accounting scandal in four years. The Certified Public Accountants and Auditing Oversight Board, a regulatory panel within Japan’s ...
Turkey still best bet for Israeli gas exports
December 14th, 2015
Former US diplomat Matthew Bryza believes Israel should make every effort to overcome hurdles to exporting gas to Turkey. “The prime minister’s announcement that Israel was interested in exporting gas to Turkey was a signal of strong and very ...
Asian stocks trade lower, China bucks trend
December 14th, 2015
Asian equities traded mostly lower on Monday, as investors remain focused on the mid-week decision from the U.S. Federal Reserve. The Chinese market bucked trends and traded up, boosted by upticks in shares of brokerages and banks. Kathy Matsui, managing ...
Chinese Finance-Sector IPOs Set to Maintain Strong Presence in 2016
December 11th, 2015
After dominating in Hong Kong this year, more Chinese finance-sector IPOs are expected to come to market next year China’s banks and brokers have had a tough year with rising bad loans, a stock market crash and weak share performance. ...
