Search Results for: Allen
Global Law Firm Eyes Africa As Next Great Expansion Opportunity
November 12th, 2015
Baker & McKenzie sees Africa as key to future growth Later this month, Baker & McKenzie’s Gary Senior will travel to Johannesburg, South Africa to celebrate the third anniversary of his firm’s office there, and its presence on a ...
New Chairman for UHY
November 12th, 2015
UHY, the international accounting and consultancy network, has elected Bernard Fay as the new chairman of UHY, following 17 years as a UHY Board Director. With Bernard’s election, the UHY network will be led for the first time by ...
Bitcoin Has Come Crashing Back to Earth
November 12th, 2015
Bitcoin‘s recent rally has reversed in a major way. While the virtual currency is still about 20 percent higher than it was a month ago, it has fallen sharply in recent days. Searching for reasons behind bitcoin’s price movements often feels like an ...
Portugal Is Potentially A Very Big Deal
November 11th, 2015
Portugal has entered a phase change, with potentially huge ramifications. After handing a parliamentary majority to a coalition of leftist (i.e., anti-austerity, anti-euro, anti-NATO) parties, and then trying to prevent them forming a government, the country now looks likely ...
Banks May Get Extra Time to Soften Up EU Financial-Market Rules
November 11th, 2015
European Commission considers postponing MiFID II start date Delay isn’t set in stone, European Parliament’s Ferber says Financial companies pushing back against Europe’s post-crisis market rule book for the past five years may get more time to chip away ...
‘Brexit’ Wouldn’t Be Disaster for U.K., Says UBS Chairman
November 11th, 2015
Axel Weber said Britain would probably get a good deal if it voted to leave The chairman of one of Europe’s biggest banks said Tuesday that if the U.K. decided to leave the European Union it probably wouldn’t deal ...
Oil prices drop on rising stockpiles, Japan recession fears
November 11th, 2015
Crude oil prices fell on Wednesday after industry data showed an increase in U.S. stockpiles, while fears that Japan’s economy may have fallen into recession added to demand woes. Benchmark U.S. crude futures slipped to a two-week low at ...
FCA‘s Project Innovate celebrates first anniversary with plans for ‘regulatory sandbox’
November 10th, 2015
The Financial Conduct Authority (FCA) has published plans for implementing a ‘regulatory sandbox’. The sandbox will allow businesses to test out new, innovative financial products, services or business models without incurring all the normal regulatory consequences of engaging in ...
Emerging market slowdown and drop in trade clouding global outlook
November 10th, 2015
A further sharp downturn in emerging market economies and world trade has weakened global growth to around 2.9% this year – well below the long-run average – and is a source of uncertainty for near-term prospects, says the OECD. ...
The Middle East Could Face A Historic Crisis By Century’s End
November 10th, 2015
Regarding the Middle East and its oil, the late Sheikh Rashid Bin Saed Al Maktoum, longtime Emir of Dubai and Prime Minister of the United Arab Emirates, once famously remarked: “My grandfather rode a camel, my father rode a camel, ...
