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High Court dismisses KPMG and Barclays swaps scheme

February 25th, 2016 (0)
Britain’s biggest banks narrowly avoided a major legal challenge today, when a High Court judge dismissed a case relating to the mis-selling of rate swap products. The case could have had far-reaching implications for a multi-billion pound scheme to compensate victims of ...

Euromoney:Private Banking and Wealth Management Survey 2016

February 25th, 2016 (1)
UBS Wealth Management voted best global private bank; revenue outlook dimmer this year; asset management competition heats up. In Euromoney’s 13th annual private banking survey for 2016, UBS Wealth Management has made its way back to the top of ...

EU and Brazil to work together on 5G mobile technology

February 25th, 2016 (0)
The EU and Brazil today signed an agreement to develop 5G, the next generation of communication networks. The Commission also started work on an action plan to deploy the technology in the EU by 2020. In the future, everybody ...

OECD:All interested countries and jurisdictions to be invited to join global efforts led by the OECD and G20 to close international tax loopholes

February 25th, 2016 (0)
The OECD today agreed a new framework that would allow all interested countries and jurisdictions to join in efforts to update international tax rules for the 21st Century. The proposal for broadening participation in the OECD/G20 Base Erosion and Profit Shifting ...

EU insolvency law reform could boost growth and jobs across Europe, finds new AFME report

February 24th, 2016 (0)
AFME has published new research showing that European insolvency law reform could boost GDP output and create jobs across Europe. Insolvency reform is a key plank of the European Commission’s action plan on Capital Markets Union (CMU). The research, produced in ...

Standard Chartered Drops After First Annual Loss Since 1989

February 24th, 2016 (0)
Loan impairments almost double to $4 billion, highest ever CEO Winters says performance to remain `subdued’ in 2016 Bill Winters took more “painful” steps to turn around Standard Chartered Plc as the bank posted its first annual loss since ...

New international law firm launches

February 23rd, 2016 (0)
Gowling WLG, a new international law firm created by the combination of Gowlings, a leading Canadian law firm, and Wragge Lawrence Graham & Co (WLG), a leading UK-based international law firm, launched on 22 February. With more than 1,400 ...

Quantitative Brokers Launches Best Execution Algos for VIX Futures

February 23rd, 2016 (0)
Quantitative Brokers (“QB”), a leading provider of clearer and dealerneutral agency algorithms for fixed income and futures markets, has launched its best execution algorithmic offering on CBOE Futures Exchange (“CFE”). As an agency broker, QB will work closely with ...

Leucadia announced Fourth Quarter 2015 Results

February 22nd, 2016 (0)
Leucadia National Corporation (NYSE: LUK) announced its financial results for the three and twelve month periods ended December 31, 2015. Adjusted net income attributable to Leucadia National Corporation common shareholders, which excludes the operating results of Jefferies’ Bache business, was income of ...

Possible Changes Afoot to Internal Auditing Standards

February 19th, 2016 (0)
The Institute of Internal Auditors (IIA) proposed changes to its standards for internal audit practitioners on Feb. 1 that are intended to help them meet the challenges and the evolving demands of today’s dynamic business environment. The proposed changes to the ...
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