Update on Brexit
May 14th, 2017
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced ...
Swedbank acquires PayEx
May 11th, 2017
Swedbank AB, a Nordic-Baltic banking group based in Stockholm, Sweden, has issued a press release to announce the acquisition of PayEx, a fullservice payment provider in the Nordic region. Through the acquisition Swedbank enters a new market and add ...
Paysafe released Management Statement
May 9th, 2017
Paysafe Group plc (LSE: PAYS, “Paysafe” or the “Group”), a leading global payment provider, issues the following Interim Management Statement covering the first three months of the financial year 2017, ahead of the Annual General Meeting at 11.30am today ...
Russian Customer Support officer
May 8th, 2017
Russian Customer Support officer Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring ...
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
European markets get a lift from perceived Macron debate win
May 4th, 2017
European stocks got a lift Thursday after centrist French presidential candidate Emmanuel Macron was perceived to have gotten the better of the far-right’s Marine Le Pen in a debate and a survey showed economic growth in the 19-country eurozone ...
CFTC charges individual with fraudulently soliciting commodity futures customers
May 3rd, 2017
CFTC Charges Pennsylvania Resident William H. Powderly IV with Fraudulently Soliciting Commodity Futures Customers and Distributing False Account Statements The U.S. Commodity Futures Trading Commission (CFTC) filed an enforcement action in the U.S. District Court, Northern District of Illinois, ...
The Big Four accounting firms generate 21% of global revenue from IT consulting
May 2nd, 2017
The Big Four accounting firms have carved out a 21% share of the total global revenue from IT consulting, which was estimated to be worth $23bn (£18bn) in 2016, with Deloitte dominating the market, according to Source Global Research ...
The Financial Conduct Authority warns for Stratton FX
May 2nd, 2017
The Financial Conduct Authority (FCA) has issued a warning about Stratton FX (clone of FCA authorised firm) and informs investors and public that fraudsters are using the details of firms the FCA authorises to try to convince people that ...
Semiconductor Company and Former CFO Settle Accounting Fraud Charges
May 2nd, 2017
The Securities and Exchange Commission today announced that a South Korea-based semiconductor manufacturer and its former CFO have agreed to settle charges related to an accounting scheme to artificially boost revenue and manipulate the financial results reported to investors. ...
