Search Results for: SEC
Deutsche Bank Posts 29 Percent Net Profit Drop
July 29th, 2014
Deutsche Bank AG posted a 29 percent drop in second-quarter net profit Tuesday, hit by what it described as higher taxes, declining revenue and political instability affecting the markets. Germany’s largest bank said its net profit in the April-June ...
Regulators to deal with Japanese hedge fund in insider trade case
July 29th, 2014
A small Japanese hedge fund has made a rare challenge against financial regulators over a 2010 insider trading case, disputing a finding that one of its fund managers acted on an insider tip of a share offering by energy ...
Existing law is enough for dealing with social media crime
July 29th, 2014
There is no need for any new laws in order to cope with crimes committed through social media, as peers explain. The ‘tentative’ conclusion of the House of Lords communications committee, set up in June, is that the criminal ...
Why use a specialised small business accountant
July 29th, 2014
Starting your own business can be a difficult task. You know you have a great idea, you sound it out to some friends and work colleagues who tell you you’ll make millions. You finally get the confidence to take ...
Trial of GSK-linked investigators is for August 8
July 29th, 2014
The public trial of a foreign couple linked to GlaxoSmithKline Plc (GSK) is set for Aug. 8, a Shanghai court said on Tuesday. Earlier this month, Chinese prosecutors accused British investigator Peter Humphrey and his American wife Yu Yingzeng ...
Argentine’s debt must be paid to holdouts
July 29th, 2014
Argentina’s battle in courts for over a dozen of years against the claims of holdout investors in its defaulted debt, did not turn out positively. The holdouts, led by Paul Singer’s Elliott Capital Management and Mark Brodsky’s Aurelius Capital ...
Shares, dollar steady ahead of key U.S. data, Fed meeting
July 29th, 2014
World stock markets remained almost unchanged on Monday while the U.S. dollar traded mostly flat against a basket of major currencies ahead of key U.S. economic reports and events this week. Wall Street ended flat as the latest deal ...
Chinese Authorities probe into Pegasus
July 29th, 2014
Pegasus Communications, a subsidiary of the American public relations firm Edelman, says that its Beijing office was visited last week by the “relevant authorities” and that it was cooperating with an investigation. No details were released about which authorities ...
Banks Cash In on Mergers Intended to avoid Taxes
July 29th, 2014
Jamie Dimon, the chief executive of JPMorgan Chase, recently said, “I love America.” Lloyd Blankfein, the chief executive of Goldman Sachs, wrote an opinion article saying, “Investing in America still produces the best return.” Yet guess who’s behind the ...
Venezuelan Officers involved in Colombian Cocaine Traffic
July 29th, 2014
The head of Venezuelan military intelligence was involved on the payroll of a Colombian drug lord, invested his own money in drug shipments and personally coordinated the shipment of thousands of kilograms of cocaine, according to prosecutors in Miami ...
