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Playtech commented on CySec’s and FCA’s proposals and announces Share Buyback Programme

December 6th, 2016 (0)
Playtech (LSE: PTEC) today announces a share buyback programme (the “Buyback Programme”) of up to €50 million. At its 2016 interim results in August, Playtech reiterated that it is cognisant of the need for an efficient balance sheet with ...

Deloitte Brazil will pay an $8 million civil penalty

December 6th, 2016 (0)
The Public Company Accounting Oversight Board today announced that Brazil-based Deloitte Touche Tohmatsu Auditores Independentes will pay an $8 million civil penalty, the largest ever imposed by the PCAOB, to settle charges including issuing materially false audit reports and attempting ...

Singapore imposed millions penalty to foreign banks branches

December 5th, 2016 (0)
The Monetary Authority of Singapore (MAS) announced today that it has imposed financial penalties of S$5.2 million and S$2.4 million respectively on Standard Chartered Bank, Singapore Branch (SCB) and Coutts & Co Ltd, Singapore Branch (Coutts) for breaches of ...

Football Leaks: Corruption of the game

December 5th, 2016 (0)
From where did the largest dataset leak in the history of sports come? And who is the man who exposed the corruption and tax scheming – the individual who is now being hunted down by the giants of the ...

Bitcoin Prices Surge Past $770 But Fall Just Short of 2016 High

December 5th, 2016 (0)
Bitcoin prices neared $780 during the week through 2nd December, coming within 1% of the 2016 high of $781.31 reached in June. The digital currency rose to a high of $778.14 amid sustained support. Prices remained above $700 all ...

Credit cycles and gold

December 3rd, 2016 (0)
The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument,equities over bonds and buying dollars by selling other currencies and gold. This is because President-elect Trump has stated he will implement infrastructure ...

Switzerland’s economy failed to grow for the first time in more than a year

December 2nd, 2016 (0)
Swiss Economy Unexpectedly Stalls on Weak Domestic Demand Median estimate in Bloomberg survey was for 0.3% increase Trade balance in goods and services had negative effect Switzerland’s economy failed to grow for the first time in more than a ...

Oil price rally likely short-lived as OPEC deal not enough to reduce glut

December 2nd, 2016 (0)
The oil price rally sparked by an OPEC-Russia deal to cut output is likely to be short-lived, say traders in Asia, because the agreement may only draw more supplies from storage tanks and more crude shipments from the United ...

Playtech completes the acquisition of Consolidated Financial Holdings A/S

December 1st, 2016 (0)
Playtech (LSE: PTEC) has issued a press releases to inform that has completed the acquisition of 70% of Consolidated Financial Holdings A/S. CHF is a technology company with products including a leading Straight Through Processing brokerage which provides retail ...

Is Italy’s Referendum a move towards Italy’s EU Exit?

December 1st, 2016 (0)
The accepted wisdom is that Italy’s referendum on the 4th of December is a major political challenge to the integrity of the Eurozone, but do all analysts agree as some appear to be downplaying its importance? Italy’s referendum on ...
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