Contributing Authors
October 2nd, 2014
Dr Alan Waring Dr Alan Waring has 35 years’ experience in risk management. His several books include Managing Risk (1998), co-authored with Prof Ian Glendon, Practical Systems Thinking (1996) and Corporate Risk and Governance published in May 2013. He has presented numerous conference and ...
Banks pull out of dozens of benchmarks after rate-rigging scandals
October 2nd, 2014
Some of the world’s largest banks have stopped contributing to dozens of financial benchmarks to avoid further litigation risk in the wake of the Libor and foreign exchange rate rigging scandals. Deutsche Bank, Citigroup, JPMorgan and UBS, among others, ...
EU publishes details over Apple’s Irish tax breaks case
September 30th, 2014
European Union antitrust officials published Tuesday details about a decision to open an in-depth investigation into Apple’s tax deals with Ireland that it alleges fall short of international standards. In a letter from the European Commission to Irish authorities ...
Illegal Irish corporate tax deals for Apple
September 29th, 2014
Preliminary findings of an investigation into tax deals have found Apple Inc.(AAPL.O) being accused of benefiting from illicit state aid in Ireland after striking illegal deals with Irish authorities and will have to face Brussels’ law. Details of the probe, which ...
Economists can’t tell Scots how to vote
September 17th, 2014
Here is the bad news if you haven’t made up your mind whether to vote for Scotland to become independent – economic analysis cannot give you the answer. That is partly because this dismal science is not capable of ...
New EU Commissioner for Justice, Consumers and Gender Equality
September 10th, 2014
Jean-Claude JUNCKER, the President-elect of the European Commission has allocated Věra Jourová, a lawyer and politician from the Czech Republic, the Justice, Consumers and Gender Equality portfolio in the new European Commission. If approved by the European Parliament, she ...
Brokers Battle Deutsche Bank Over Selling In-House Products
September 9th, 2014
Since the market collapse of 2008, scrutiny has intensified on the way large banks and securities firms treat their brokerage customers, particularly when it comes to steering them into the firms’ own products. One possibility raised in the 2010 ...
West TX Oil Below $94 as Market Awaits Chinese Data
September 8th, 2014
Brent crude fell on Monday for a third day of losses even though Chinese trade data showed both better-than-expected exports and weak imports that might prompt help for the economy, but it remained below $101 a barrel after poor ...
Eurozone: Draghi’s new deal
September 3rd, 2014
About halfway through the speech, Mario Draghi stumbled. The European Central Bank president had reached a passage in his prepared remarks about the worrisome trend in inflation afflicting much of the continent. Few central bankers are more aware of ...
China anti-trust probes not protectionist, regulator says
September 2nd, 2014
Foreign companies are increasingly concerned they are being targeted by Chinese regulators, a U.S. business lobby said on Tuesday, as a Chinese antitrust agency defended probes into firms such as U.S. chipmaker Qualcomm Inc (QCOM.O). The American Chamber of ...