Search Results for: Citi
A new legal challenge to Brexit is filed
August 17th, 2018
The UK in EU Challenge group, an anti-Brexit organization consisting largely of British expatriates living in Spain, France and Italy, filed a new legal challenge to Brexit Tuesday alleging that the referendum vote was not a fair vote and the ...
Housing bubble in the UK?
August 16th, 2018
A housing bubble in the UK is gradually deflating due to an ongoing massive sale of residential properties fuelled by Brexit concerns, which is poised to alleviate lingering affordability issues. UK housing prices falling at fastest rate since 2009 ...
Beware of firms that use misleading information to solicit investors
August 7th, 2018
The Securities and Exchange Commission (SEC) announced that it has updated its list of unregistered firms that use misleading information to primarily solicit non-U.S. investors, adding 16 soliciting entities, four impersonators of genuine firms, and nine bogus regulators. The ...
Pound frail on worries over no-deal Brexit, dollar steady
August 7th, 2018
The pound stayed fragile on Tuesday after falling to an 11-month low against the dollar overnight on worries over a ‘hard’ Brexit from the European Union, while simmering U.S.-China trade tensions provided support to the greenback. Comments from officials ...
Macroeconomics Has Lost Its Way
August 3rd, 2018
The father of modern macroeconomics was Keynes. Before Keynes there were macro considerations, which were firmly grounded in human action, the personal preferences and choices exercised by individuals in the context of their own earnings and profits. In ...
Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You
August 2nd, 2018
Hedge funds go to the Cayman Islands to incorporate. Big companies are generally domiciled in Delaware. And online poker companies often set up their bases in Gibraltar and Malta. Now the race is on to become the go-to destination ...
Valuing Gold In A World Awash With Dollars
July 27th, 2018
Summary In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next cyclical credit crisis. That is going to happen anyway, triggered by the Fed ...
EY acquires new cryptocurrency technology
July 25th, 2018
Ernst & Young (EY) has acquired technology assets and related patents from Elevated Consciousness Inc, a San Francisco, CA-based startup focused on developing solutions for the crypto-asset ecosystem. The Crypto-Asset Accounting and Tax (“CAAT”) tool connects with multiple cryptocurrency ...
SEC charges investment adviser and CEO with misleading retail investors
July 20th, 2018
The Securities and Exchange Commission (SEC) charged a Connecticut-based investment advisory firm and its chief executive officer with putting $19 million of investor money, including elderly investors’ retirement savings and pension plans, in risky investments and secretly pocketing hefty ...
How Singapore eases city traffic with contactless payments
July 20th, 2018
Taking public transportation in Singapore is a different experience than most cities around the world. Recognized for its smart-city achievements, its one of the early adopters of contactless payment technology, allowing people to tap their bank cards to pay ...
