Search Results for: PRA
Uber founder Travis Kalanick resigns as C.E.O.
June 21st, 2017
Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on ...
Wheat futures renew rally, amid fresh worries over EU, US dryness
June 20th, 2017
Spring wheat futures soared to a fresh two-year high, with prices strong in other wheat markets too, after US officials surprised investors by again cutting the condition rating on the country’s spring wheat crop, despite much-needed rains. Minneapolis-traded hard ...
KPMG hires new partner for investment advisory team in UK
June 20th, 2017
KPMG has appointed Pat Race as a partner in its pension investment advisory team. In his role, Race will work with KPMG investment advisory and trustee services partner Nick Evans and his team in the firm’s London office. The ...
Chairman of the Financial Conduct Authority UK confirms plan to leave the FCA
June 20th, 2017
John Griffith-Jones, Chairman of the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR), has confirmed that he will leave both organisations at the end of his term of office, on 31 March 2018. John Griffith-Jones commented: “I ...
Israeli Ministers vote to ban Binary Options sales overseas
June 19th, 2017
Marketers of binary options “grow, accelerate and inflame antisemitism against all Jews and especially against Israelis,” says Israel Securities Authority Chairman. The cabinet and the Ministerial Committee for Legislation approved a bill on Sunday with a blanket prohibition against ...
Brexit, Germany and Asia
June 16th, 2017
Britain’s general election went horribly wrong, with the Conservatives forced into a putative coalition with the Democratic Ulster Party. Theresa May’s failure to secure a clear majority has provoked indignation, bitterness, and widespread pessimism. The purpose of this article ...
Global law firm combines with a Boston-based litigation investigations firm
June 16th, 2017
Hogan Lovells combines with Collora, adding Boston office Strategically bolstering the firm’s life sciences capabilities throughout the Northeastern U.S. and globally Global law firm Hogan Lovells announced today that it will combine with Collora, a Boston-based litigation/investigations firm with ...
The Ontario Securities Commission Publishes Report on Exempt Market Activity
June 16th, 2017
The Ontario Securities Commission (OSC) today published OSC Staff Notice 45-715 2017 Ontario Exempt Market Report, which provides a snapshot of the current state of Ontario’s exempt market and a preliminary assessment of recent regulatory reforms. The report summarizes ...
The Netherlands Financial Markets Regulator Fines International Card Services
June 16th, 2017
The Netherlands Authority for the Financial Markets (AFM) announced that it is fining International Card Services (ICS), a wholly-owned subsidiary of ABN AMRO, for excessive credit limits. In March 2017, ICS took the initiative itself and prepared a compensation ...
How gold can rescue pensions
June 15th, 2017
The World Economic Forum, in conjunction with Mercers (the actuaries) recently estimated that the combined pension deficit currently stands at $66.9tr for eight countries, rising to $427.8tr in 2050. The eight countries are Australia, Canada, China, India, Japan, Netherlands, ...