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Greece to get 6 billion euros in bridge loans if no agreement at Eurogroup

August 14th, 2015 (0)
Greece could get 6.04 billion euros in bridge financing if euro zone finance ministers cannot agree on the planned third bailout for Athens when they meet on Friday, according to German newspaper Bild, citing a European Commission proposal for ...

Greece and lenders agree bailout, shares rally

August 11th, 2015 (0)
Greece and its international lenders reached an 85 billion euro bailout agreement on Tuesday after nailing down the terms of new loans needed to save the country from financial ruin. The deal, which came after 23 hours of talks ...

Dentons, NextLaw Labs and IBM Cloud fuel legal tech startups

August 10th, 2015 (0)
Dentons, the global law firm, today announced that NextLaw Labs, its collaborative innovation platform, has joined with IBM to create a technology platform program using IBM Cloud to enable startups to create and deploy legal applications more quickly. NextLaw Labs ...

Suez Canal Upgrade May Not Ease Egypt’s Economic Journey

August 7th, 2015 (0)
“Egypt Rejoices,” the television networks and newspapers declared, announcing “Egypt’s gift to the world.” Businesses were closed, the streets of Cairo were empty, and the airwaves were full of patriotic songs and music videos — all featuring adoring images of ...

CySec announces the suspension afresh of the authorisation of a Cyprus Investment Firm

August 6th, 2015 (0)
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: Following previous announcements dated 12 June 2015 and 2 July 2015, the Cyprus Securities and Exchange Commission (‘CySEC’), would like to inform the public that, ...

Markets on alert for UK’s new Super Thursday of economic data

August 6th, 2015 (0)
Markets are on alert ahead of the UK’s new economic touchstone, a Super Thursday of economic data. From this Thursday, the monthly rate decision and the minutes of the Bank’s Monetary Policy Committee (MPC) meeting will be released together, ...

ITG Says U.S. Market Share Has Plunged After Announcing SEC Fine

August 5th, 2015 (0)
Investment Technology Group Inc. said its market share has fallen by a quarter in the U.S. after revealing that it may have to pay the largest fine ever imposed on the operator of a dark pool. Read also: Investment Technology ...

Bailout Money Goes to Greece, Only to Flow Out Again

August 3rd, 2015 (0)
The Greek businessman was nervous as he carried a suitcase stuffed with cash through security at the Athens airport a few months ago. But the distracted and overworked officials waved him through. A few hours later the man touched ...

Drachma revolt adds unease to Greece’s awkward alliance

July 30th, 2015 (0)
Prime Minister Alexis Tsipras’ power-sharing acrobatics look harder to perform by the day. Opposition parties are propping up his left-wing government long enough to negotiate a new bailout and keep the country in the eurozone, while senior members of ...

What are the implications of the Greek crisis for legal business and the rule of law

July 27th, 2015 (0)
What are the implications of the Greek crisis for legal business and the rule of law? At a roundtable held under the Chatham House Rule, Jonathan Rayner heard City lawyers consider the potential fallout. Greek riot police silhouetted against ...
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