Search Results for: Big Four
Greek Banks Said to Face Recapitalization at Top of Range
September 24th, 2015
Auditors tell lenders they need to be more conservative Latest bailout package allocates 25 billion euros for banks Greek banks are being told by auditors some of their assets are overvalued, meaning they may have to raise close ...
Financial Independence via Self-Employment: How Do We Do It?
September 23rd, 2015
Financial independence via self-employemnt is still possible, and there are a number of pathways to that goal. The conventional financial industry touts gaining financial independence by playing Wall Street’s game: working a conventional job for decades to accumulate a ...
Asian stocks climb amid Fed rate wait, but China lags
September 17th, 2015
Asian stocks advanced on Thursday, as investors eyed gains in oil prices and the positive lead from Wall Street. However, trade volumes could stay light as investors await the Federal Reserve‘s policy decision. The Fed’s Federal Open Market Committee (FOMC) ...
The Next Financial Crisis Won’t be Like the Last One
September 16th, 2015
It seems increasingly likely the next Global Financial Meltdown will arise in the FX/currency markets. Central banks are like generals: they tend to fight the last war. The Great Financial meltdown of 2008 was centered in too big to fail, too ...
China Stocks Jump in Last Hour of Trading on State Support Signs
September 16th, 2015
Government buying may be trigger for rebound, IG Asia says ChiNext small-caps index jumps 7.2% for biggest one-day gain China’s stocks surged after the Shanghai Composite Index slid below the key 3,000 level, with gains coming in the ...
Blockchain expert Tim Swanson talks about R3 partnership of Goldman Sachs, JP Morgan, UBS, Barclays et al
September 16th, 2015
Nine of the world’s biggest banks from both sides of the Atlantic and Asia Pacific have agreed to join a partnership to divine a set of common standards and practices towards constructing a shared digital ledger system for financial ...
Deloitte is fined over audit failure
September 15th, 2015
First major finding against a ‘Big 4’ firm by watchdog, writes Gavin McLoughlin Accountancy giant Deloitte has been hit with a “severe reprimand” and a €41,000 penalty by the Chartered Accountants Regulatory Board (CARB). It is the first major ...
EY reports 2015 global revenues up by 11.6%
September 15th, 2015
Fastest growth since 2008 with revenues up by 11.6% in local currency Growth across all four service lines and four geographic areas Emerging market practices’ revenue up by 12.3% Developed markets’ growth led by the US, UK, Germany, Australia ...
PwC UK achieves strong growth: 2015 financial highlights
September 14th, 2015
Firm launches innovative digital annual report PwC, the professional services firm, has today (14 September) reported revenue growth of 10 percent to £3,083 million for the year ended 30 June 2015, up from £2,814 million the previous year. Profits ...
Chinese shares lead Asia lower on economic fears
September 14th, 2015
Mainland Chinese shares led the rest of the region lower as a raft of government data over the weekend pointed to more signs of weakness in the Chinese economy. Growth in both fixed-asset investment, up 10.9% in August from a ...
