Search Results for: PRA
JP Morgan Chase retail counsel leaves bank
August 12th, 2014
Matthew Biben, JPMorgan Chase & Co’s retail-banking general counsel, has left the bank in an overall three years of service. The position was filled by his replacement, Jill Centella, global head of litigation and acting consumer and community. Biben ...
ExxonMobil’s Russian ‘Cooperation’ in Arctic Despite Sanctions
August 12th, 2014
Despite sanctions from the West on Russian oil companies, President Vladimir Putin is praising ExxonMobil as a potential cooperator to begin an oil drill project in the Arctic. “Today, commercial success is driven by efficient international cooperation,” Putin told ...
SRA shuts down Manchester firm
August 11th, 2014
The Solicitors Regulation Authority has shut down the Manchester firm Robert Meaton & Co due to suspected dishonesty by one of the partners. According to the firm’s website release the regulator intervened the practice of Andrew John Davies and ...
Tax on online advertisements bring discontent to e-tailers in Bangalore
August 11th, 2014
With Budget 2014 re-introducing service tax on online and mobile advertising, e-commerce industry facing the direct brunt of it has now adopted a wait and watch strategy. But they feel that the government needs to go extra mile to ...
India Sets Norms to Open $20 Billion REIT Market
August 11th, 2014
India approved the setting up and listing of real estate investment trusts as the nation seeks to unlock a $20 billion market. The trusts, or REITs, will have to own assets worth at least 5 billion rupees ($82 million), ...
Yen Falls as Russia Eases Ukraine Tension
August 11th, 2014
The yen fell versus 14 of its 16 major peers as concern eased about tensions in Ukraine after reports last week that Russia’s warplanes ended drills and the nation is seeking to mediate between Kiev and rebel forces. The ...
SRA approves first council ABS licence
August 8th, 2014
The Solicitors Regulation Authority has granted a first alternative business structure licence to a local authority. Buckinghamshire Law Plus Limited will be licensed to undertake litigation and probate services, among other reserved activities. The entity, which has been planned ...
Gemalto will acquire SafeNet for $890 Million
August 8th, 2014
Gemalto, the Dutch digital security company announced that it has agreed to pay 890 million to acquire the data protection software provider, SafeNet. Gemalto’s security products are used for mobile wallets and online banking and in some national identity ...
Former CEO of ConvergEx Subsidiary faces SEC’s charges
August 8th, 2014
The Securities and Exchange Commission (SEC) has appointed charges to the former chief executive officer of a broker-dealer subsidiary of ConvergEx Group LLC for deceiving brokerage customers with hidden fees to buy and sell securities. SEC claims that the ...
The Global Economy’s Groundhog Day
August 8th, 2014
In the movie “Groundhog Day,” a television weatherman, played by Bill Murray, awakes every morning at 6:00 to relive the same day. A similar sense of déjà vu has pervaded economic forecasting since the global economic crisis began a ...
