Search Results for: MoU
Is this new firm the Big four challenger?
October 24th, 2016
In August there was plenty of noise around the announcement that the former boss of accounting giant Deloitte, John Connolly, was starting a new bean-counting business, Cogital. The question was whether the project, which was innovatively backed by private equity house ...
Fiat money and gold
October 21st, 2016
It is time to revisit the Fiat Money Quantity (FMQ), which totals US dollar money deposited in the banking system, the commercial banks’ money on deposit at the Fed and physical cash. Besides alerting us to how the expansion ...
Mercedes increased profits help offset Trucks earnings slump in Daimler Q3 Results
October 21st, 2016
Unit sales 5% above prior-year level at 754,100 vehicles Revenue up by 4% to €38.6 billion Significant increase in Group EBIT to €4,037 million (Q3 2015: €3,661 million) Group EBIT adjusted for special items at highest level to date ...
IPC’s FX Hub to Enable Secure and Reliable Access to Hotspot’s Marketplace
October 21st, 2016
IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, and Hotspot, a leading institutional foreign exchange (FX) market owned and operated by Bats Global Markets, today announced that market participants can ...
UBS Uses Arago’s Artificial Intelligence Platform HIRO™ to Leverage the Potential of IT Automation
October 20th, 2016
Arago, a pioneer in artificial intelligence (AI) and leader in intelligent IT automation based in Frankfurt and New York City, announced today to partner with UBS AG (“UBS”), the world’s largest wealth manager providing financial advice and solutions to wealthy, ...
CySec warns regarding individuals impersonating CySec representatives
October 20th, 2016
The Cyprus Securities and Exchange Commission ( CySEC) has issued an announcement to warn about: Following up on the relevant Cyprus Securities and Exchange Commission (‘CySEC’) announcements dated 27 November 2015 and 10 June 2016, CySEC would like to inform investors ...
SFC reprimands and fines FXCM Asia Limited HK$4 million
October 19th, 2016
The Securities and Futures Commission (SFC) has reprimanded and fined FXCM Asia Limited (HK FXCM) (now known as Rakuten Securities Hong Kong Limited) HK$4 million for regulatory breaches in relation to its order execution practice for foreign exchange (Forex) ...
Multinational law firm has elected a new European senior partner
October 19th, 2016
It was announced today that King & Wood Mallesons (KWM) has elected Frankfurt partner Michael Cziesla as its new EUME Senior Partner. Michael takes up the position with immediate effect and for a term of three years. Michael is a leading ...
The USA based Tax Foundation published the 2016 International Tax Competitiveness Index; Estonia is on Top
October 19th, 2016
Introduction The structure of a country’s tax code is an important determinant of its economic performance. A well-structured tax code is easy for taxpayers to comply with and can promote economic development, while raising sufficient revenue for a government’s ...
Deutsche Bank is thinking a partial exit from the US market
October 18th, 2016
Reports in local media in Germany indicate that Deutsche Bank is currently mulling over a strategy overhaul as far as the United States is concerned and an exit from the country couldn’t be ruled out. The bank was been ...
