Search Results for: Bill Gross
VISA reports Net Operating Revenue of $4.5 billion
April 24th, 2017
Visa Inc. (NYSE:V) today announced financial results for the Company’s fiscal second quarter 2017, ended March 31, 2017. Fiscal Second Quarter 2017 Key Highlights: GAAP net income of $430 million or $0.18 per share including special items related to the ...
Gulf states are spending billions to attract tourists
April 24th, 2017
Gulf states are spending billions of dollars creating ambitious strategies to attract visitors as tourism becomes a stronger plank of their economies. This week’s Arabian Travel Market in Dubai will show the changing face of the industry as entertainment ...
Bundesbank posts distributable profit of €0.4 billion in 2016
February 24th, 2017
The Bundesbank posted a profit of €1.0 billion for the 2016 financial year, compared with €3.2 billion in 2015. Owing to an allocation to the reserves, the remaining distributable profit amounted to €0.4 billion and was transferred in full ...
Visa reports net income of $2.1 billion for Q1 2017
February 3rd, 2017
GAAP net income of $2.1 billion or $0.86 per share, an increase of 7% and 7%, respectively Adjusted net income and earnings per share growth of 23% and 23%, respectively Net operating revenue of $4.5 billion, an increase of ...
PwC global revenues rise to record US$35.9 billion
October 4th, 2016
Strategy for growth – driven by PwC purpose Total workforce reaches new record – over 223,000 Supporting our clients with more than 15,800 people dedicated to technology services Over $500 million invested in quality and service development 11 million ...
Bank of England to develop the next generation of Real-Time Gross Settlement (RTGS) for payments
September 19th, 2016
The Bank of England is consulting on the next generation of its Real-Time Gross Settlement (RTGS) service. RTGS is not a household name. But it lies at the heart of safeguarding the Bank’s mission for monetary and financial stability, ...
PwC Fights $5.6 Billion Fraud Trial over Taylor Bean’s Collapse
August 11th, 2016
PricewaterhouseCoopers LLP failed to spot for seven years a multibillion-dollar fraud that led to the demise of Taylor Bean & Whitaker Mortgage Corp., a lawyer for the lender’s bankruptcy trustee told a Miami jury on Tuesday. At issue is ...
The Rich Get Richer as Billionaires Increase in Number
August 8th, 2016
Whatever the world’s economic and market turbulence last year, one group has held up well: billionaires. The combined wealth of the world’s billionaires, defined as individuals with a net worth of $1 billion or above, increased by 5.4% to ...
Biggest Ever Saudi Overhaul Targets $100 Billion of Revenue
April 4th, 2016
Levies on expats, energy, luxury goods, sugary drinks seen Plan is to boost non-oil revenue to balance budget by 2020 The biggest economic shake-up since the founding of Saudi Arabia would accelerate subsidy cuts and impose more levies, a ...
Bundesbank posts €3.2 billion profit in 2015
February 25th, 2016
The Bundesbank posted a profit of €3.2 billion for the 2015 financial year, up from €3.0 billion in 2014. This profit was transferred in full today to the Federal Government of Germany pursuant to section 27 number 2 of the Bundesbank Act (Bundesbankgesetz). ...
