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IMF warns of huge financial hole as Greek vote looms

July 3rd, 2015 (0)
The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country’s future in Europe. Days after Greece defaulted on ...

Coinfloor Market – world’s first broker based bitcoin marketplace

July 2nd, 2015 (0)
Coinfloor announces the launch of Coinfloor Market, the world’s first broker based bitcoin marketplace built on the foundations of Coinfloor Exchange. The goal is to offer UK consumers and retail investors the ability to buy bitcoins and gain exposure to digital currency ...

There’s a simple solution to Greece’s problems, but Europe won’t try it

July 2nd, 2015 (0)
An interview by Ezra Klein Adam Posen is president of the Peterson Institute for International Economics and, like every international economist right now, he’s glued to the drama in Greece. There is, he says, a simple solution to the ...

SEC Charges Deloitte & Touche With Violating Auditor Independence Rules

July 2nd, 2015 (0)
The Securities and Exchange Commission charged Deloitte & Touche LLP with violating auditor independence rules when its consulting affiliate maintained a business relationship with a trustee serving on the boards and audit committees of three funds it audited. Deloitte ...

Interactive Brokers Group Reports Brokerage Metrics for June 2015

July 2nd, 2015 (0)
Interactive Brokers announced Electronic Brokerage Metrics performance for June 2015 that includes Reg.-NMS Execution Statistics Highlights for the month included: 600 thousand Daily Average Revenue Trades (DARTs), 21% higher than prior year and 3% lower than prior month. Ending ...

How Investors Should React to the Greek Crisis

July 2nd, 2015 (0)
Step one: Don’t panic. Even from afar, it’s hard for U.S. investors to ignore the Greek economic crisis, which continues to roil global markets. After Greece saw its bailout funds expire Tuesday—and became the first developed country to fail ...

PayPal to Acquire Xoom

July 2nd, 2015 (0)
Entry into $600 Billion International Money Transfer Market with Leading Technology Solution Expands Services for PayPal’s Customers and Accelerates Time-to-Market in Key International Markets PayPal, Inc. and Xoom Corporation (NASDAQ:XOOM), a digital money transfer provider, today announced a definitive ...

Greece crisis: Eurozone rules out talks until after referendum

July 2nd, 2015 (0)
Eurozone finance ministers have ruled out any further talks on a fresh bailout for Greece until the country holds its referendum on Sunday. Greeks will be asked to accept or reject proposals made by creditors last week, with Prime Minister Alexis ...

The 75 Trillion Dollar Shadow Banking System Is In Danger Of Collapsing

July 1st, 2015 (0)
Keep an eye on the shadow banking system – it is about to be shaken to the core.  According to the Financial Stability Board, the size of the global shadow banking system has reached an astounding 75 trillion dollars.  It has ...

ACCA: Be aware of financial activity alarm bells, warns CCAB Anti Money Laundering Task Force

July 1st, 2015 (0)
Accountants’ ‘professional scepticism’ is the first line of defence in tackling money laundering and terrorist financing, says guidance issued today by the Anti-Money Laundering Taskforce of CCAB, the collective forum of accountancy bodies ICAEW, ACCA, ICAS, CIPFA and Chartered ...
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