Search Results for: MoU
Volkswagen’s U.S. CEO Leaves Suddenly After ‘Mutual Agreement’
March 10th, 2016
Horn retained dealers’ support even as VW sales fell in U.S. `What could he have done, besides give cars away?’: Analyst Michael Horn, leader of the Volkswagen brand in the U.S., abruptly left the automaker as its American sales ...
Deutsche Boerse-LSE eye savings from merger move
March 9th, 2016
Deutsche Boerse (DB1Gn.DE) and the London Stock Exchange (LSE.L) are targeting cost savings of more than 300 million euros ($331 million), once a merger of the two exchanges is completed, three people familiar with the matter said on Tuesday. ...
KPMG Announces Agreement With IBM Watson To Help Deliver Cognitive-Powered Insights
March 9th, 2016
Deal accelerates adoption of new technologies across KPMG’s businesses, strengthening firm’s commitment to reinforcing confidence in the capital markets KPMG LLP and IBM (NYSE: IBM) today announced plans to apply IBM’s Watson cognitive computing technology to KPMG’s professional services offerings. The agreement, including ...
Big U.S. banks to take on tech rivals with instant payments
March 9th, 2016
Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person’s account instantaneously by mobile phone. The idea has been in the works for ...
Legal case: Liver Failure caused by Pfizer’s antibiotic Zithromax
March 9th, 2016
Pfizer Italy, a subsidiary of the American Pfizer inc, is facing a defective product lawsuit in Cyprus. The claim concerns the defectiveness of the well known and very popular among pediatricians, antibiotic Zithromax. Zithromax was prescribed to a 16-year-old, ...
KPMG: Blockchain Could Be ‘Antidote’ to High Cost of Regulation
March 8th, 2016
As institutional interest in blockchain technology increases with bullish market predictions, professional services firms have been among a new wave of companies seeking to adapt existing products and services for the market. To date, Deloitte and PwC have been perhaps the most aggressive ...
Forex Broker Ironfx Australia Becomes Gvs Au, Trades As Fxgiants
March 8th, 2016
IronFX Global Australia, the Australian unit of forex brokerage IronFX Global, has been renamed GVS (AU) PTY, according to data published on the website of the Australian Securities and Investments Commission (ASIC). The company now operates under the FXGiants trading brand, according to ...
SEC Charges Rhode Island Agency and Wells Fargo With Fraud in 38 Studios Bond Offering
March 8th, 2016
The Securities and Exchange Commission today charged a Rhode Island agency and its bond underwriter Wells Fargo Securities with defrauding investors in a municipal bond offering to finance startup video game company 38 Studios. The Rhode Island Economic Development ...
Ex-Goldman Banker to Malaysia Fund Subpoenaed in U.S. Probe
March 8th, 2016
Prosecutors seeking information about state investment fund Outside law firm said helping Goldman review 1MDB dealings A former Goldman Sachs Group Inc. banker has become entangled in a sprawling investigation of the Malaysian state investment fund as U.S. authorities ...
ANZ pays $212,500 penalty for breaching responsible lending laws when offering overdrafts
March 8th, 2016
Australia and New Zealand Banking Group (ANZ) has paid penalties totalling $212,500 for breaching responsible lending laws in making offers of overdraft facilities to its customers. ANZ offers an overdraft facility known as ‘ANZ Assured’ to existing customers in ...
