Search Results for: ELA
Google and Mastercard have secret deal to track users’ offline spending in stores
September 3rd, 2018
Google has reportedly bought Mastercard credit card data in the US to help it track users’ offline spending in stores. The two firms had not made the deal public but it was discovered by Bloomberg. Mastercard denied suggestions that ...
More Emerging Market Chaos – How Long Before It Spreads To The Developed World?
August 31st, 2018
Emerging market chaos is now front page news. Let’s start with Argentina, where the peso has resumed its plunge: In response: “Argentina Central Bank hikes interest rate to 60 percent (AP) — Argentina’s Central Bank has increased its ...
BNP Paribas ordered to pay $90 Million penalty; The reason?
August 31st, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against BNP Paribas Securities Corp. (BNP Paribas or the Bank) for attempted manipulation of the ISDAFIX benchmark and requiring BNP Paribas to pay a $90 million ...
Forex trader and firm charged with fraud and registration violations
August 31st, 2018
The Commodity Futures Trading Commission (CFTC) filed a federal court enforcement action in the U.S. District Court for the Southern District of New York against Jason Amada of New York, New York, and Amada Capital Management LLC (ACM), a ...
Top Social Media Management Trends For 2018
August 30th, 2018
Brands have continued to look for ways to connect with different audiences across multiple social platforms in recent years. 2017 didn’t have any shortage of changes to social media management for brands and 2018 looks set to follow suit. ...
Former FIFA official jailed in bribery scandal
August 30th, 2018
The Former FIFA official jailed for nine years after he was convicted last year of racketeering and other charges related to a corruption scandal. Juan Angel Napout, from Paraguay, the former head of South America’s footballing body, was sentenced ...
Grant Thornton fined £3m by a watchdog for misconduct over audits
August 30th, 2018
The Financial Reporting Council (FRC), the independent, investigative and disciplinary body for accountants and actuaries in the UK, has issued an announcement to inform that has fined and reprimanded Grant Thornton UK LLP and three senior statutory auditors. According the ...
Global economy is facing a ‘perfect storm’, warns BIS chief
August 29th, 2018
The problem with the current US policy of using tariffs to pursue trade and economic strategies is that they are such a crude tool to use within such a complex, sophisticated and global ecosystem. The Bank of International Settlements’ ...
Swiss watchdog to propose looser anti-money laundering rules for fintechs
August 29th, 2018
Swiss financial regulator FINMA is planning to loosen anti-money laundering rules for smaller financial technology firms, part of a drive to boost innovation and shore up the country’s position as a leading money management hub. The revisions, prompted by ...
Moody’s credit ratings agency to pay $16.25 million in penalties to settle charges
August 29th, 2018
The U.S Regulator, Securities and Exchange Commission (SEC), announced that Moody’s Investors Service Inc., one of the nation’s largest credit ratings agencies, has agreed to pay a total of $16.25 million in penalties to settle charges involving internal control ...
