Search Results for: Germany
Baker Tilly International Reports Revenue Growth
February 5th, 2016
Baker Tilly International reported its financial performance for the 12-months ending June 2015 with global combined revenues rising 7% to US$3.8bn. Commenting on the release of the figures, CEO and president Geoff Barnes said: “This represents our strongest revenue ...
This Is Really Bad For Banks
February 4th, 2016
Once upon a time, falling interest rates were great for banks. A lower cost of capital gave lenders access to cheap raw material while causing borrowers to clamber for what banks were selling. Large profits usually ensued. But not ...
What will the UK’s future in Europe be like?
February 4th, 2016
UK in the EU: MEPs debate proposed reforms ahead of referendum What will the UK’s future in Europe be like? The day after European Council President Donald Tusk proposed a settlement in response to UK demands for reforms, MEPs ...
Vodafone released Quarter Revenue results
February 4th, 2016
Vodafone has issued a press release to publish trading update for the quarter ended 31 December 2015 Highlights Group organic service revenue up 1.4%* (Q2: 1.2%*); sixth consecutive quarter of improvement Continued recovery in Europe (-0.6%*); sustained momentum in ...
Surprises in store…
February 3rd, 2016
The month of January has been a wake-up call for complacent equity investors. From the peaks of last year stock indices in the major markets have fallen 10-20%, give or take. On their own, these falls could be read ...
BaFin has published a report on FinTechs: Young IT companies on the financial market
February 1st, 2016
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) of Germany, has published a report on the topic FinTechs: Young IT companies on the financial market. According to BaFin, an internal BaFin project group started work on the topic ...
Which country is the World’s Favorite New Tax Haven?
January 28th, 2016
The World’s Favorite New Tax Haven Is the United States Moving money out of the usual offshore secrecy havens and into the U.S. is a brisk new business. Last September, at a law firm overlooking San Francisco Bay, Andrew ...
CFTC signed MOU with BaFin and Bundesbank to enhance supervision of cross-border clearing organizations
January 28th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) announced that CFTC Chairman Timothy Massad signed a Memorandum of Understanding (MOU) with the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and Deutsche Bundesbank (Bundesbank) regarding cooperation and the exchange of information in the supervision ...
Poland may water down FX loans conversion plan if costs too high
January 27th, 2016
A Polish minister signalled on Wednesday the ruling Law and Justice (PiS) party may water down the president’s plan to convert Swiss franc mortgages into zlotys if it is too expensive for banks. President Andrzej Duda has set out ...
Greece Is First EU Country Out Of The Gate To Buy Iranian Oil
January 27th, 2016
Greece, once a leading European customer of Iranian oil before the imposition of Western sanctions in 2012, will be the first European country to resume buying Iranian crude now that the sanctions have been lifted. The country’s biggest oil ...
