Search Results for: EC
SEC issues the second-largest Whistleblower Award of $17 Million
June 10th, 2016
The Securities and Exchange Commission announced a whistleblower award of more than $17 million to a former company employee whose detailed tip substantially advanced the agency’s investigation and ultimate enforcement action. The award is the second-largest issued by the SEC ...
Can Bitcoin Technology Solve the Migrant Crisis?
June 9th, 2016
Staci Warden of the Milken Institute argues that the blockchain could be the future of border control REFUGEES FROM WAR-TORN NATIONS often give up everything they have in an attempt to create a better future for themselves and their ...
Honda recalls 784,000 vehicles over Takata air bags
June 9th, 2016
Honda Motor Co said on Thursday it was recalling around 784,000 vehicles in Japan, part of an expanded recall for potentially deadly Takata Corp airbags. Automakers are ramping up recalls after the auto parts maker, under pressure from the ...
Eurozone at risk of suffering lasting economic damage: Draghi
June 9th, 2016
Europe is at risk of suffering lasting economic damage from weak productivity and low growth, the European Central Bank’s president warned on Thursday, underscoring his argument that monetary policy alone cannot end the bloc’s economic malady. The ECB has ...
4 Unexpected Events That Would Rocket Bitcoin in 2016
June 9th, 2016
The price of bitcoin is undoubtedly volatile, and the enormous swings in price, both up and down, can be difficult to analyze and even harder to predict. A lot of what happens in bitcoinland is wildly unexpected; here are ...
Five fintech start-ups aiming to replace traditional banking
June 9th, 2016
According to recent data from Accenture, funding for fintech companies reached a staggering £3.7bn in the first quarter of 2016 alone. With global investment growing at such a rapid rate, traditional banking services are finally beginning to realise the ...
Malta’s financial services sector continued to expand in 2015
June 9th, 2016
Malta’s financial services sector continued to expand in terms of size, reputation and attractiveness in 2015, backed by a resilient regulatory framework, prudential supervision, consumer protection, and strong money laundering prevention mechanisms. New licences, issued during 2015, were registered most notably in ...
SEC: Morgan Stanley to pay a $1 million penalty for failures to Safeguard Customer Data
June 9th, 2016
The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney LLC has agreed to pay a $1 million penalty to settle charges related to its failures to protect customer information, some of which was hacked and offered ...
Oil, Metals Rally as Fading Fed Move Prospects Keep Dollar Weak
June 9th, 2016
China markets closed; consumer prices rise as May PPI slips Kiwi strengthens; Japanese shares decline as yen advances Oil and metals advanced as mounting speculation the Federal Reserve will hold off on raising interest rates until later in the ...
ECB published its Convergence Report 2016 for Bulgaria, Romania, Poland and another four Countries
June 8th, 2016
The period covering the latest rounds of EU enlargement has seen many countries making considerable progress towards participating in Economic and Monetary Union (EMU) The seven countries under review comply with most of the quantitative economic criteria, but none ...