Search Results for: MoU
BDO confirms the election of a new Managing partner
May 5th, 2016
Paul Eagland has been elected as the new Managing Partner of BDO LLP following a vote of all its partners, the accountancy and advisory firm has announced today. Paul will succeed the current Managing Partner, Simon Michaels, and will ...
Craig Wright Says He Will Prove He Is Bitcoin Creator ‘Satoshi Nakamoto’
May 4th, 2016
One day after Australian businessman Craig S. Wright declared he created the virtual currency bitcoin, he says he plans to prove it. After many bitcoin experts expressed skepticism about Mr. Wright’s claims, the 45-year-old computer scientist and engineer wrote Tuesday on his ...
EU backs crowdfunding as alternative funding source for startups
May 4th, 2016
The European Commission gave its backing to the use of crowdfunding as an alternative source of finance for start-ups in the EU Member States, in a report on the sector published on Tuesday. Crowdfunding is an open call to ...
Taking the petro out of the dollar
May 4th, 2016
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While the House of Saud remains strongly resistant to change, a mixture of reality and ...
SEC announced fraud charges against 10 individuals involved in schemes to trick investors
May 4th, 2016
The Securities and Exchange Commission today announced fraud charges against 10 individuals involved in schemes to trick investors into buying shares of a particular company stock. The schemes were allegedly fraught with cash bribes and other kickbacks to registered ...
FINRA fined MetLife Securities, Inc. $25 Million
May 4th, 2016
Largest FINRA Fine Relating to Variable Annuities The Financial Industry Regulatory Authority (FINRA) announced today that it has fined MetLife Securities, Inc. (MSI) $20 million and ordered it to pay $5 million to customers for making negligent material misrepresentations ...
Cyprus gas discovery a key factor in EU energy objectives, says European Commission
April 28th, 2016
The European Commission is examining the impact of possible Cypriot gas reserves in the offshore area between Cyprus and Israel, in order to diversify the energy mix used by the EU, and break off the island`s energy isolation, Commission ...
Financial Services industry losing £165 million in invoice fraud
April 28th, 2016
Businesses in financial services (FS) are losing more than £165 million in invoice fraud every year. According to the new research published today by Tungsten, this amounts to £1,969 per business. Of those affected, one in five believes the ...
Facebook revenue smashes expectations
April 28th, 2016
Facebook revenue smashes expectations as mobile ad sales surge Facebook Inc’s (FB.O) quarterly revenue rose more than 50 percent, handily beating Wall Street expectations as its wildly popular mobile app and a push into live video lured new advertisers ...
First-time investors urged to turn to inexpensive ‘robo-advisers’
April 28th, 2016
It appears not many people are into investment in Japan. As of last December, only about 16 percent of Japan’s ¥1.7 quadrillion in personal financial assets was held in stocks, investment trusts or bonds. This is partly due to ...
