Search Results for: MoU
Bank of England maintains Bank Rate at 0.5%
July 14th, 2016
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target and in a way that helps to sustain growth and employment. At its meeting ending on 13 July 2016, the MPC voted by ...
“Soon” And “Really, Really Crazy.”: Starting Up The Helicopters
July 14th, 2016
As the abject failures of the past few years’ monetary experiments became apparent, it was clear that something else would have to be tried. The only questions were when this would happen and how crazy the next iteration would ...
Research shows that poor online presence of Law Firms causes for miss out business
July 14th, 2016
New research indicates that the vast majority of solicitors (94 per cent) have wrong or inconsistent information online, including basic details such as a phone number or email address. Digital marketing provider Yell conducted research into how the 11,000 ...
Mobile phone payment Seamless acquires MeaWallet AS
July 14th, 2016
Seamless Distribution AB (publ) (”Seamless”) acquires the Norwegian technology company MeaWallet AS (“MeaWallet”). The purchase price amounts to approximately SEK 42,8 million and payment is made through an issue in kind of 4,574,328 new shares in Seamless. Through the ...
What Brexit means for accountants
July 13th, 2016
Shortly after the UK voted for Brexit on 23 June, sterling hit a thirty year low against the dollar and the UK has had its credit rating downgraded by two different agencies. It is currently unclear whether these repercussions ...
Taiwan banks suspend ATM services after thieves steal $3 million with help of malware
July 13th, 2016
Taiwan’s top eight banks have suspended services on 900 Automated Teller Machines(ATMs) across the island, after thieves made off with NT$70 million (S$2.94 million) in a coordinated heist, apparently with the help of malware. Bank of Taiwan, Chang Hwa Bank, First Bank and ...
Theresa May, the UK’s new prime minister, explained
July 12th, 2016
Theresa May, the UK’s home secretary, will be the country’s next prime minister. Her final rival for the Conservative Party leadership, Andrea Leadsom, withdrew from the race on Monday morning, citing overwhelming support for May among Conservative MPs. Prime ...
Risk On/Risk Off: What Schizophrenic Markets Are Telling Us
July 11th, 2016
These trends cannot be reversed with yet another rate cut or another “whatever it takes” announcement. In the conventional investment perspective, risk-on assets (i.e. investments with higher risks and higher potential returns) such as stocks are on a see-saw ...
Italy may trigger collapse of European economy
July 11th, 2016
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The shares of Europe’s largest financial institutions – Deutsche Bank and ...
Arrests in Europe and Asia for a Credit Card fraud spread into 14 European countries
July 11th, 2016
A total of 105 suspects have been arrested as the result of a complex investigation run simultaneously in Europe and Asia with the support of Europol’s European Cybercrime Centre (EC3). During the operation led against an organised criminal group ...
