Search Results for: Allen
Deutsche Bank faces legal headwinds
July 31st, 2015
Deutsche Bank warned that its new performance targets were at risk from heavy legal charges as it set aside 1.2 billion euros ($1.31 billion) for fines and settlements and reported quarterly earnings largely in line with expectations. Germany’s largest ...
The UAE: On the road to economic development
July 30th, 2015
In the past two years, the UAE has achieved three major milestones on the journey towards a sustainable and diverse economy. In 2014, the UAE’s stock exchanges were upgraded from ‘Frontier’ to ‘Emerging’ market status by the global markets ...
4 Key Issues Confronting Internal Auditors
July 30th, 2015
Most internal auditors lack adequate flexibility to meet business challenges and unexpected risks, according to a recently released report by the Institute of Internal Auditors (IIA). The IIA polled more than 14,500 internal auditors in 166 countries for the report, 2015 Global Pulse ...
Asian shares, dollar up on Fed’s optimism; earnings in focus
July 30th, 2015
Asian stocks tiptoed higher on Thursday and the dollar consolidated recent gains after the U.S. Federal Reserve painted a relatively bright picture of the economy, but a deepening sell-off in commodities kept gains in check. Prospects of stronger U.S. ...
International Law firm Pinsent Masons acquires majority stake in cloud-based compliance Venture
July 29th, 2015
International law firm Pinsent Masons has announced that it is to acquire a majority stake in Cerico, the cloud-based compliance joint venture which it launched in conjunction with IT consultancy Campbell Nash two years ago. Cerico is a technology-driven solution that ...
Twitter’s Sales Exceed Analysts’ Estimates; Shares Climb
July 29th, 2015
Twitter Inc. reported second-quarter sales that topped analysts’ projections, a bright spot for the growth-challenged company as it seeks a new chief executive officer. Shares jumped as much as 12 percent. In the second quarter, revenue rose 61 percent ...
Finance Sector in the Dark Over Data Protection Changes
July 28th, 2015
With a quarter of businesses in finance and accountancy sector totally unaware of the EU General Data Protection Regulation we interviewed John Culkin, Director of Information Management, Crown Records Management to find out about the regulation and what financial ...
Fidessa enhances equities trading platform
July 28th, 2015
Delivers sophisticated new optimized trading functionality Fidessa group plc (LSE: FDSA) has today announced the launch of new optimized trading capabilities for its sell-side equities trading platform. Designed to empower traders in an increasingly automated and competitive world, Fidessa’s ...
Lessons From Toshiba: When Corporate Scandals Implicate Internal Audit
July 28th, 2015
Last week’s high-profile resignations of CEO Hisao Tanaka and eight other Toshiba Corp. executives amid revelations of systemic and prolonged financial misstatements raise questions anew about Japan’s corporate governance culture. The venerable conglomerate, which makes everything from consumer electronics ...
BP Has Worst Profit in 10 Years on Libya Write-Off, Trading
July 28th, 2015
BP Plc reported the lowest quarterly profit in at least 10 years after a boom in trading faded and the conflict in Libya forced almost $600 million of writedowns. Profit adjusted for one-time items and inventory changes dropped to ...
