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South Korea’s third stage of the local legal industry liberalization

August 18th, 2015 (0)
Market liberalization keeps law firms on their toes As South Korea is set to enter the third stage of its opening of the local legal industry, the legal circle here remains split over the impact, with some viewing it ...

Optimal Payments complete the acquisition of Skrill

August 18th, 2015 (0)
Optimal Payments Plc (LSE AIM: OPAY) has issued a press release to inform that has completed the acquisition of Skrill. The Skrill Group is one of Europe’s leading digital payments businesses providing digital wallet solutions and online payment processing ...

Is Cryptocurrency bitcoin facing a civil war?

August 18th, 2015 (0)
Bitcoin’s forked: chief scientist launches alternative proposal for the currency The bitcoin wars have begun, as Bitcoin XT squares off against the classic flavour of the cryptocurrency Cryptocurrency bitcoin is facing civil war, with two high-profile developers announcing plans ...

Accounting giant EY is buying Seren a digital design consultancy

August 18th, 2015 (0)
Business advisory firm EY yesterday announced it is buying Seren, a digital design consultancy based in Silicon Roundabout. Seren chief executive Ben Lang­don will continue as boss of what will now be EY-Seren. Seren co-founders Catriona Campbell and Terry ...

Bitcoin: A New Global Economy

August 17th, 2015 (0)
When BitPay was founded back in 2011, bitcoin was in its infancy. It was difficult to convert local currencies into bitcoin or to find retailers who would accept it as payment. In just a few years, so much has ...

Coinify Acquires Coinzone

August 17th, 2015 (0)
Coinify announced that it will be taking over the operations of Coinzone, a leading Bitcoin payment provider. Coinzone will bring development and volume to the table, and this new partnership will result in a number of new opportunities for ...

Tax change is necessary to diversify UAE’s economy

August 14th, 2015 (0)
Step by step, the UAE is moving closer to implementing two laws that will change how the economy functions and how the country is perceived abroad. The first is a uniform corporate tax, which would apply to both domestic ...

Edward Jones to Pay $20 Million for Overcharging Retail Customers in Municipal Bond Underwritings

August 14th, 2015 (0)
The Securities and Exchange Commission today announced that St. Louis-based brokerage firm Edward Jones and the former head of its municipal underwriting desk have agreed to settle charges that they overcharged customers in new municipal bonds sales. It’s the ...

Goldman Sachs Pays $272M to Settle Suit Over Mortgage-Backed Securities

August 14th, 2015 (0)
Goldman Sachs Group Inc. will pay $272 million to settle a lawsuit that claimed the Wall Street bank defrauded investors about the safety of about $6 billion of residential mortgage-backed securities they bought in 2007 and 2008. The settlement ...

PwC Report Reviews State of Global Financial Market Liquidity

August 14th, 2015 (0)
The Global Financial Markets Association (GFMA) and the Institute for International Finance (IIF) today released a comprehensive new report from PwC on the state of global market liquidity, produced on behalf of both Associations. “The findings from our research ...
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