Search Results for: Vest Financial
Ernst & Young Role in Gowex Fraud Questioned
August 14th, 2014
Investors and the Madrid exchange are asking just who was verifying its financial statements, after the Wi-Fi hotspot provider, Let’s Gowex SA collapsed last month. Auditor Jose Diaz, of M&A Auditores, has been named as a suspect and jailed ...
New rule will soon be adopted for audit
August 14th, 2014
A new rule that will require accounting firms to disclose the names of individual partners who work on company audits could be adopted as soon as September, the top U.S. audit watchdog said Wednesday. The rule proposed by the ...
MFSA accepts surrender of licence
August 13th, 2014
MFSA, the Maltese regulator, has issued an announcement informing that Mansard Capital SICAV plc (“the Scheme”) recently requested the Malta Financial Services Authority (MFSA) to accept the surrender of the collective investment scheme licence granted in relation to Mansard CTA Fund (“the Sub-Fund”). ...
Goldman Sachs a final bidder for $1.6 billion Tokyo building
August 13th, 2014
A Goldman Sachs Group Inc unit is a final bidder for a Tokyo office tower in a deal that could fetch about 165 billion yen ($1.6 billion), said people familiar with the deal, which could be the biggest office ...
Brokerages face exodus as advisers get better deal in indie firms
August 13th, 2014
The four biggest U.S. brokerage firms are facing an exodus of employees who are finding they can make more money and save on taxes by taking their clients and starting an independent firm before they retire. Prices are rising ...
Strategic Finance settlement proceeds to first distribution
August 12th, 2014
In June this year PwC Partners John Fisk and Colin McCloy, as Receivers of Strategic, together with the Financial Markets Authority, announced they had finalised a $22 million settlement agreement with the former directors and auditors of Strategic. On ...
Royal Bank of Scotland to offload global Coutts arm
August 12th, 2014
Royal Bank of Scotland said it planned to sell the international operations of Coutts, its private bank for wealthy clients including Queen Elizabeth II and David Beckham, just months before the unit is expected to be fined for helping ...
Sydney man charged with insider trading
August 12th, 2014
Australian financial regulator ASIC, alleges that trader has earned $20,000 from insider information in trading and now faces jail and fine. A 31-year old Sydney man today appeared before court charged with eight counts of insider trading, following an ...
Asia shares extend bounce, oil pinned near lows
August 12th, 2014
Asian shares nudged higher on Tuesday, tracking rallies in the United States and Europe as investors seemed to put aside geopolitical concerns, at least for the moment. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.3 percent ...
IASB adopts new simplified standard over lease accounting
August 11th, 2014
The IASB has changed its position regarding lease accounting for the chances of convergence between US and global standards. The global standard setter has issued a document citing that it has decided to adopt a single model for lease ...
