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China Foreign Exchange Trade System (CFETS) joins R3 distributed ledger consortium

November 3rd, 2016 (0)
Financial innovation firm R3 has announced the addition of China Foreign Exchange Trade System (CFETS), China’s official interbank market trading platform, to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Shanghai, CFETS ...

KPMG is getting questioned to Wells Fargo sales-practices scandal

November 3rd, 2016 (0)
Wells Fargo & Co. isn’t the only one having to answer to Washington over its sales-practices scandal. Its longtime auditor, KPMG LLP, is getting questioned, too. In a letter to KPMG last week, Sen. Elizabeth Warren (D., Mass.) and ...

Asia Stocks Drop With Mexican Peso as Election Angst Boosts Gold

November 2nd, 2016 (0)
Havens buoyed after poll shows Trump edging ahead of Clinton Kiwi climbs after jobs data damps outlook for more rate cuts A global equities selloff deepened in Asian trading and Mexico’s peso weakened as polls indicated a tightening race ...

Don’t Sweat The Election. The Next Crisis Is Already Baked Into The Cake

November 1st, 2016 (0)
Friday was one of those days where you walk away from the screen for a minute and come back to find a completely different market. All it took was the FBI finding a trove of new Clinton emails, thus ...

Multinational law firm turns to Artificial intelligence to meet clients’ needs

November 1st, 2016 (0)
When international clients contact King & Wood Mallesons to ask whether a deal requires Foreign Investment Review Board approval, its lawyers turn first to a computer to generate a response, rather than relying simply on human brainpower. Artificial intelligence ...

Riskalyze Raises $20 Million in capital to accelerate Risk Number and Robo Platforms

November 1st, 2016 (0)
Riskalyze, the company that empowers thousands of advisors to align each client’s investments with their Risk Number®, today announced a $20 million minority growth equity investment led by FTV Capital. This is the first outside institutional round for the ...

NatWest sets up alternative finance panel for loan referrals

November 1st, 2016 (0)
NatWest has set up a panel of alternative lenders to which business customers can turn if they fail to qualify for a loan from the UK bank. The panel, called ‘Capital Connections’, builds on NatWest’s existing referral partnerships with ...

Andrew Miskin named first Chair of Association of International Certified Professional Accountants

November 1st, 2016 (0)
Tim Christen will serve as initial Vice Chair of Association that will advance public and management accounting globally Andrew Miskin, FCMA, CGMA, has been named the first chair of the Association of International Certified Professional Accountants (the Association), the ...

EU and Canada signed CETA; a trade deal that sets a new standard for global trade

November 1st, 2016 (0)
On 30 October, the EU and Canada sign a trade agreement, known as the Comprehensive Economic and Trade Agreement (CETA). This deal will create jobs and growth by boosting trade and strengthening economic relations. CETA’s progressive nature will set ...

ASIC suspends AFS licence for failing to lodge financial statements

November 1st, 2016 (0)
ASIC suspended the Australian financial services (AFS) licence of Parramatta-based Rural & General Insurance Broking Pty Limited (RGIB) for failing to lodge financial statements, auditor’s reports and auditor’s opinions for the financial years ending 30 June 2014 and 30 ...
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