Search Results for: Audi
Deloitte choose Dublin as part of its FinTech initiative
May 25th, 2016
Deloitte today announced Dublin as the base for the creation of an EMEA Financial Services Blockchain Lab as part of its FinTech initiative ‘The Grid’. Deloitte Ireland has over 2,000 people in Ireland and provides audit, tax, consulting, and ...
Ethereum, explained: why Bitcoin’s stranger cousin is now worth $1 billion
May 25th, 2016
Bitcoin has struggled to live up to the hype that surrounded its emergence into the mainstream three years ago. Despite more than a billion dollars of venture capital funding, Bitcoin startups have failed to develop applications that appeal to mainstream customers. ...
Fastned raises 3 million euro via the new stock exchange Nxchange
May 24th, 2016
Fastned, which is building a pan-European network of fast charging stations for electric cars, has raised 3.07 million euro in fresh capital in the first five weeks of its listing on the new stock exchange Nxchange. 307,473 new certificates ...
MAS directs Swiss Bank “BSI Bank” to shut down in Singapore
May 24th, 2016
The Monetary Authority of Singapore (MAS) announced today that it has served BSI Bank Limited (BSI Bank) notice of intention to withdraw its status as a merchant bank in Singapore for serious breaches of anti-money laundering requirements, poor management ...
Lebanon declared that Tax data to be shared with foreign states in 2018
May 23rd, 2016
Automatic exchange of financial account information to be handled by specialized agency Lebanon has declared its commitment to the international standard of automatic exchange of financial account information, which aims to combat tax evasion and avoidance, according to a ...
ASIC suspends the license of an investment services firm
May 23rd, 2016
ASIC has suspended the Australian financial services licence held by Marigold Falconer International Limited (Marigold Falconer) until 31 May 2016. ASIC found that Marigold Falconer does not have current professional indemnity insurance to cover claims for breaches of financial ...
New York attorney receives 5 years’ imprisonment for Ponzi scheme
May 20th, 2016
‘I don’t want anyone here to think that lawyers are like this. It’s just me.’ A former Skaddens attorney was sentenced to five years in prison yesterday after operating a Ponzi scheme which defrauded around 30 of his friends ...
Deutsche Bank May Punish Employees for Personal Trade With Firm
May 20th, 2016
Bank: ‘transaction may have involved unacceptable conflicts’ Auditors estimate employees gained about $37 million, WSJ says Deutsche Bank AG halted bonus payments to a group of employees while examining whether they improperly traded with the firm. “We are reviewing ...
Saxo Bank appoints Chief Economist and CIO Steen Jakobsen as co-head of Global Sales Trading
May 17th, 2016
Saxo Bank has announced that Chief Economist Steen Jakobsen will join Theo Papathanasiou as co-head of Global Sales Trading. In conjunction with his new duties, Steen Jakobsen will remain Saxo Bank’s Chief Economist and CIO. The new setup is ...
Kuwait calls on Iran to join oil production freeze plan
May 16th, 2016
Kuwait has called on Iran to join an oil production freeze plan after major producers failed to agree on keeping output at current levels. The freeze scheme, spearheaded by Saudi Arabia, has coincided with Iran’s bid to redeem lost ...
