Search Results for: assets
Japan Shares Jump Most in Four Years
September 9th, 2015
Possibility of more stimulus from Beijing boosts sentiment Stocks in Japan jumped the most in more than four years Wednesday, shaking off unease about slowing growth in China amid a tentative rebound in Chinese stocks. The region’s shares ...
Bad loans haunt Greek banks seeking new start
September 8th, 2015
Turned down for a 10,000 euro ($11,100) loan, George Sarris is one of hundreds of thousands of small business owners shunned by Greek banks. Pointing to the parliament building overlooking his small cafe in Athens’ Syntagma Square, the 35-year-old ...
Credit Suisse Ordered to Pay Highland Capital $287.5 Million
September 7th, 2015
Credit Suisse Group AG was ordered by a Texas judge to pay Highland Capital Management LP $287.5 million for losses on a $540 million refinancing of a shaky real estate development. Highland had sought $377 million in damages in ...
New Details on Flash Crash Trader Legal Case
September 7th, 2015
Flash Crash Trader E-Mails Show Spoofing Strategy, U.S. Says Failed orders are `costing me,’ Sarao said to tell programmer Indictment’s new details seen bolstering U.S. extradition case The British day trader accused of contributing to the 2010 flash crash ...
SEC Charges Hedge Fund Adviser
September 7th, 2015
The Securities and Exchange Commission (SEC) has issued a press release to inform that the Commission charges Seattle-Area Hedge Fund Adviser With Taking Unearned Management Fees. Two Accountants Charged With Performing Deficient Audit of Fund According to SEC announcement, ...
UBS Building Virtual Coin For Mainstream Banking
September 7th, 2015
Swiss bank UBS is working on a prototype virtual currency that it hopes will be used by banks and financial institutions as a basis to settle mainstream financial markets transactions. But unlike the bitcoin digital currency, the Swiss bank’s ...
GAIN Capital Holdings, Inc. named to Fortune’s 100 Fastest Growing Companies 2015 List
September 7th, 2015
GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, has been recognized on Fortune magazine’s 100 Fastest Growing Companies for the first time. The Company ranked #44 on the 19th annual list of public companies with the most stellar three-year ...
7 Ways Accountants Provide Value to Their Clients
September 4th, 2015
“What am I getting for my money?” When you provide a service and expect people to pay you, it’s reasonable to expect they will ask this question. In most professions, establishing your worth is the value proposition. How do ...
UBS Diverts $5 Billion of Asia Deposits to Curb Basel III Costs
September 4th, 2015
UBS Group AG has shifted more than $5 billion of riskier Asia-Pacific deposits into alternative cash investments as new rules raise the cost of holding them. The world’s largest manager of millionaires’ money has helped some clients such as ...
Deloitte launches new leadership consulting practice
September 4th, 2015
Deloitte, the business advisory firm, today announces the launch of a new leadership consulting practice. The practice will recruit 700 people across Deloitte’s network of member firms by 2020 and 140 of these will be based in the UK.* ...