Search Results for: Ether
Financial watchdog to closely monitor accounting of derivative products
December 23rd, 2016
South Korea’s financial watchdog said Friday it will pay special heed to malpractices by companies here in their accounting of derivative products and others. It’s one of four “key issues” to be closely monitored by the Financial Supervisory Service ...
The dawn of financial technology in Islamic finance
December 23rd, 2016
Over the past decade, financial technology — widely referred to as FinTech — has grown primarily due to growing Internet access worldwide and the emergence of smartphones and apps. According to the Ericsson Mobility Report published last year, 70 ...
Deutsche Bank Reaches $7.2 Billion Settlement Over Toxic Securities
December 23rd, 2016
The Obama administration scrambled to resolve its remaining crisis-era megabank mortgage cases, striking a $7.2 billion settlement Thursday with Deutsche Bank AG over toxic securities while separately filing a lawsuit against Barclays PLC alleging more than $30 billion in ...
Lawsuit Accuses Google of Unlawfully Censoring its Workforce
December 22nd, 2016
An anonymous Google product manager is alleging in a lawsuit that the internet giant unlawfully censors current and former employees by imposing sweeping confidentiality policies that deter whistleblowing. The lawsuit was filed this week by a California labor law ...
Android Pay vs Apple Pay: who’s winning the mobile payment battle?
December 22nd, 2016
Apple and Google have been competing in just about every field of technology for some time now – from maps to music – and mobile payments is no exception. Here we’re going to take a close look at how ...
Robo-advisors require ongoin monitoring
December 22nd, 2016
On-line technology tools are having an important impact on the investment advice value chain, including services such as asset allocation, portfolio selection and trade execution, according to a report issued today by the Board of the International Organization of ...
Italy to bailout Monte dei Paschi di Siena bank with €20bn rescue fund
December 22nd, 2016
A €20bn (£17bn) rescue fund for Italy’s banking sector has been approved by the country’s parliament, heralding a bailout of the world’s oldest bank, Monte dei Paschi di Siena (MPS). The bank said late on Wednesday that it had ...
BNP Paribas completes its first real-time Blockchain payments
December 21st, 2016
BNP Paribas today announced it has processed several live payments for two of its longstanding corporate clients, Amcor, global leader in packaging solutions and Panini Group, international leader in collectables and trading cards. This news follows the announcement in September ...
Individual and his company charged in a commodity futures and Forex Ponzi-Style Scheme
December 21st, 2016
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil anti-fraud enforcement action in the U.S. District Court for the District of Arizona, charging Defendants Derek Springfield and his company, Draven, LLC (Draven), both of Mesa, Arizona, with engaging ...
Practices join forces to launch TaxGo digital service
December 21st, 2016
A digital-only tax service aiming to be the ‘biggest UK firm’ by client numbers has launched for entrepreneurs and micro-businesses, by the heads of two successful accounting practices. TaxGo has been set up by d&t’s Carl Reader and Ben ...
