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Payday Lending: Fixing a broken market
May 13th, 2014
ACCA (the Association of Chartered Certified Accountants) has launched a unique report on payday lending looking specifically at its business model. Called Payday lending: fixing a broken market, the authors Sarah Beddows, an independent consultant, and Mick McAteer from ...
Old, Fired at IBM: Trendsetter Offers Workers Arbitration
May 12th, 2014
For at least a decade, International Business Machines Corp. gave fired employees information detailing a severance package that asked them to waive age-discrimination claims and also included a page listing the job titles and ages of workers being let ...
Bitstamp Agrees to Implement $5 Minimum Trade Size
May 12th, 2014
Bitstamp has agreed to implement a minimum trade value of $5 following allegations by a Bitcoin trader of an “exploit” in their fee structure. The change will be effective May 15. The trader contended as follows: Bitstamp claims to ...
What Beats by Apple would mean for music, and you
May 12th, 2014
It’s an odd pairing, really, the gadget-obsessed tech giant from Silicon Valley teaming up with hip-hop super producer Dr. Dre and music mogul Jimmy Iovine. But late Thursday, reports surfaced that a $3.2 billion deal was in the works ...
Federal Reserve invites comment on proposed rule
May 9th, 2014
The U.S. Federal Reserve Board on Thursday invited comment on a proposed rulemaking that would implement section 622 of the Dodd-Frank Act, which prohibits a financial company from combining with another company if the ratio of the resulting financial ...
No Company Too Small to Pursue Finance Operations Excellence
May 9th, 2014
The biggest barriers to optimized performance tend to be self-imposed, such as permitting unnecessary complexity in finance processes and systems. Size equals scale equals efficiency, right? Yes, but there are very few structural reasons why companies with less than ...
Unemployment rate steady in April for Australia
May 8th, 2014
The unemployment rate has held steady in April against expectations of a rise, according to data from the Australian Bureau of Statistics. The total number of jobs in Australia rose by 14,200 to a seasonally adjusted 11.573 million in ...
CySec: Regulation for Ukraine
May 8th, 2014
The Cyprus Securities and Exchange Commission (CySec) informs, the Cyprus Investment Firms, the Management Companies, the Administrative Services Companies and the Regulated Markets (‘the Regulated Entities) about the publication in the Official Journal of the European Union of the ...
Billionaire Kwoks Plead Not Guilty to HK Official Bribes
May 8th, 2014
Thomas and Raymond Kwok, the billionaire brothers running Hong Kong’s second-largest developer, and the Chinese city’s former No. 2 official pleaded not guilty today to charges including conspiracy to commit misconduct in public office. Rafael Hui, the Government’s Chief ...
Billionaire Hedge Funders Made Money the Old-Fashioned Way
May 7th, 2014
So Institutional Investor’s Alpha put out its 2013 hedge fund compensation ranking today, and I guess we should talk about it because rich people got paid money and that is fun to gawp at. The obvious thing to say ...
