Search Results for: Allen
UK bank adviser pay catching up with traders
September 15th, 2014
Senior advisory bankers’ pay in London has risen almost on to a par with traditionally higher-earning traders, underlining the shifting fortunes of these distinct businesses within investment banks. By contrast, senior traders have suffered an average 13 per cent ...
Brazilian Mogul faces charges of Insider Trading
September 15th, 2014
The Brazilian businessman Elike Batista was accused of manipulating the share price of his now-bankrupt petroleum company, OGX, and engaging in insider trading. The investigation from the public prosecutor began in April. If a trial takes place and Mr. ...
Why accountants are dissatisfied with their job?
September 12th, 2014
What makes accountants want to leave their jobs? Poor chances of promotion, not enough pay and unsatisfactory management are the key reasons, according to a survey by accounting recruiter Richard Lloyd. Nearly 50 per cent of respondents said they ...
Alibaba IPO signals global ambitions
September 12th, 2014
It was a scene straight out of Silicon Valley — only it took place across the Pacific. In 1999, Jack Ma gathered his wife and 17 friends in his small apartment in China’s eastern city of Hangzhou, about 100 ...
Gender inequality in accounting
September 11th, 2014
More than half of UK accountants consider men and women to have equal opportunities in the workplace, according to a survey by CareersinAudit.com. However, a significant chunk of the 300 accountants surveyed – 38.7% – still think that men ...
BRICS, banking on development
September 11th, 2014
The creation of the BRICS New Development Bank (NDB) to finance infrastructure and sustainable development projects in emerging economies is a landmark achievement. Developing nations have lost faith in the current system with its strict conditions on development finance ...
World’s leading economies warned over ‘global jobs crisis’
September 10th, 2014
The world’s largest economies are still failing to create enough jobs and too many of those that are being produced are too low quality to generate a meaningful boost to global growth, three leading international institutions warned on Tuesday. ...
Japan Keeps Faith in Weaker Yen as Economy Struggles
September 10th, 2014
Facing the prospect of the first growth-free fiscal year since the 2009 global recession, Japan’s policy makers are keeping faith that a weaker exchange rate will help the world’s third-largest economy. While the yen’s 26 percent slide against the ...
Hertz CEO steps down for accounting errors
September 9th, 2014
Mark Frissora has resigned as chief executive of Hertz Global Holdings Inc, citing personal reasons, as pressure from investors mounts following a series of accounting errors. Hertz’s shares rose as much as 5 percent after the No. 2 U.S. ...
Africa likely to experience oil and gas boom
September 9th, 2014
A study released by PriceWaterhouseCoopers (PwC) concluded that Africa had the potential to experience a major mid-term energy boom. The survey forecast demand for oil on the continent would “rise significantly” over the next two decades, driven by larger ...
