Search Results for: Ether
Osborne accused of obstructing MPs over Co-op and Lloyds Bank deal
August 21st, 2014
George Osborne was accused of unreasonably withholding information on ministers’ meetings with Lloyds and Co-op bankers in a series of confrontational letters published yesterday. He was accused of obstructing MPs trying to work out whether the government pressured bank ...
Why Bitcoin won’t be the money of the future – but cryptocurrencies might be
August 21st, 2014
Proponents of Bitcoin like to suggest that it will be the money of the future. Critics point to its price volatility, evidence of a Bitcoin bubble and other problems. With the price of Bitcoin having just fallen below $500 ...
Samsung Told by Tax Man to Use Apple-Topping Cash: Korea Markets
August 21st, 2014
Samsung Electronics Co. is sitting on a cash pile 58% bigger than Apple Inc. (AAPL)’s war chest. The tax man has a message for South Korea’s biggest company: “Use it or lose it.” The government of President Park Geun ...
U.K. Regulator ‘Comfortable’ With Fund Managers Earning Millions
August 20th, 2014
Fund managers are entitled to be paid millions of pounds if they’re delivering high returns for investors, the U.K. markets regulator said, the first sign it won’t seek to impose wage caps on the industry. Regulators around the world ...
Lawmakers threaten Ex-Im Bank subpoena in oversight rebuff
August 20th, 2014
Top members of the House of Representatives Financial Services panel are threatening to subpoena the U.S. Export-Bank over the bank’s refusal to make three employees available for questioning as Congress considers whether to renew the bank’s charter. Chairman Jeb ...
Trading probes from regulator on Brazil’s Batista due in 2015
August 20th, 2014
The results of more than a dozen investigations into market manipulation by Brazilian entrepreneur Eike Batista and current or former executives of his EBX Group, will likely be made public next year, a top regulator said. “Perhaps the verdicts ...
Billionaire Named in Suit Against Anti-Iran Group
August 19th, 2014
A billionaire Wall Street commodities investor has been drawn into a court fight against one of the nation’s most influential anti-Iran advocacy groups. The fight stems from a defamation lawsuit by Victor Restis, a Greek businessman whom the group, ...
Sprint cuts rates, CEO says more new plans to come
August 19th, 2014
Sprint Corp (S.N) on Monday unveiled a new pricing plan that offers customers 20 gigabytes of data and up to 10 lines for $100, doubling its data offerings, the latest in a string of price cuts and promotions sweeping ...
Serious Fraud Office probes banks’ loan schemes
August 18th, 2014
The Serious Fraud Office is looking into allegations of high street banks misusing government schemes designed to boost lending to small businesses, the Times reported on Sunday. The Times reported that the UK’s main anti-fraud agency is investigating banks’ ...
Deepening Gloom in Australia Poses Challenge to RBA
August 18th, 2014
A deepening gloom across the largest developed economy to escape recession during the global financial crisis is shaping up as one of the toughest challenges yet for Reserve Bank of Australia chief Glenn Stevens. While policy makers from the ...
