CySec fines Banc de Binary Ltd
February 4th, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that has imposed an administrative fine of €125.000 to Banc de Binary Ltd for the infringement of the Law which provides for the provision of Investment services, the ...
Asian shares at three-month peak, warily watching oil
February 4th, 2015
Asian shares took Wall Street’s lead to reach three-month peaks on Wednesday as revived risk sentiment dented the U.S. dollar and sovereign bonds, though it was unclear how long this latest mood swing would last. Much might depend on ...
Asia sags on growth worries, Aussie slides as RBA eases
February 3rd, 2015
Asian stocks sagged on Tuesday amid ongoing growth concerns, while the Australian dollar plumbed six-year lows after the Reserve Bank of Australia cut interest rates to a record low. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent after the latest batch ...
Baker Tilly International Reports 5% Increase In Global Revenues
February 2nd, 2015
Baker Tilly International has reported annual revenues of US$3.6bn for the financial year ending 30 June 2014, a year-on-year increase of 5%. The network’s ranking has been maintained as the world’s 8th largest accounting and business advisory network. Commenting ...
KPMG: What Audit committees cite as top challenges in 2015
February 2nd, 2015
KPMG issued a press release saying that: Audit committees cite uncertainty, volatility and high risk environment as top challenges in 2015 More Boards Reallocating Oversight Duties as Risk Environment Strains Audit Committee Agendas. Audit committees around the world said ...
Web Developer Officer
January 30th, 2015
Reference Number: WDO2014 The key responsibilities of the role include: Developing new web applications and technologies PHP development as per project needs with the use of frameworks Developing database management systems on the web and ensuring the design and pattern ...
PwC: Creating winning culture essential if financial services firms are to flourish
January 29th, 2015
Cultural change in the financial services sector globally is destined to fail if players continue to focus on it primarily as a compliance requirement, according to a paper just published by PwC. The paper, ‘Forging a winning culture’, which ...
Deutsche Bank reports fourth quarter 2014 net income
January 29th, 2015
Deutsche Bank reports fourth quarter 2014 net income of EUR 441 million Group results Fourth quarter 2014 results Income before income taxes (IBIT) of EUR 253 million Core Bank IBIT, which excludes the Non-Core Operations Unit (NCOU), of EUR ...
Standard Chartered CEO Is Under Pressure From Shareholders, Regulators, Staff
January 29th, 2015
Bank’s Top Shareholders Privately Push for New Leadership Amid Investor, Regulatory Anxiety Hundreds of Standard Chartered PLC’s most senior executives gathered earlier this month on Singapore’s Sentosa island to address the global bank’s dimming fortunes. From a lectern at ...
Asian shares skid as bullish Fed take investors by surprise
January 29th, 2015
Asian shares extended losses on Thursday after the Federal Reserve took an upbeat view on the U.S. economy and signalled that it remains firmly on track to raise interest rates this year despite an uncertain global outlook. A greater likelihood of ...