Search Results for: assets
Oil and gas needs focused portfolio management to address decade-long decline in return on capital
May 28th, 2015
Global oil and gas companies must evolve their approach to portfolio management to improve return on capital (ROC) and remain resilient in today’s increasingly challenging market, according to EY’s Portfolio management in oil and gas: building and preserving optionality. ...
EU-Switzerland taxation agreement signed in joint effort to improve tax compliance
May 28th, 2015
The European Union and Switzerland on 27 May 2015 signed an agreement on the automatic exchange of financial account information, aimed at improving international tax compliance. The agreement represents an important step in ongoing efforts to clamp down on tax fraud and tax ...
Nasdaq Plans to Increase Bitcoin Blockchain Trials
May 27th, 2015
American Stock Exchange Nasdaq is planning to increase the number of Bitcoin blockchain trials this year, the finance news network FT reported. According to the available reports, the New York group is hoping to initiate three-to-four trials within the next ...
Russia Increasing Gold Reserves as a Hedge Against Political Uncertainty
May 27th, 2015
Russia is increasing its gold holdings because gold is a reserve asset that is free from legal and political risks, a senior central banker said on Tuesday. The comments by Dmitry Tulin, who manages monetary policy at the Central Bank, reflect Russian fears that the country’s overseas assets ...
Charter Strikes $55 Billion Deal for Time Warner Cable
May 26th, 2015
Including debt, deal is valued at $78.7 billion Charter Communications Inc. has struck a $55 billion cash-and-stock deal for Time Warner Cable Inc., giving cable mogul John Malone the prize he has been chasing for two years. The offer is valued at about $195 a share, ...
It Is Mathematically Impossible To Pay Off All Of Our Debt
May 25th, 2015
Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt? Today, the debt of the federal government exceeds $145,000 ...
Tougher rules on money laundering to fight tax evasion and terrorist financing
May 25th, 2015
The ultimate owners of companies will have to be listed in central registers in EU countries, open both to the authorities and to people with a “legitimate interest”, such as investigative journalists, under new rules already agreed with the ...
Swiss Bankers Respond To Privacy Initiative
May 25th, 2015
The Swiss Bankers Association (SBA) has published a new report on the “Yes to the protection of privacy” initiative, which criticizes plans to enshrine bank-client confidentiality in the federal constitution. The “Yes to the protection of privacy” initiative was ...
Federal Reserve proposes adding certain investment grade general obligation state and local municipal bonds
May 25th, 2015
The Federal Reserve Board on Thursday proposed adding certain general obligation state and municipal bonds to the range of assets a banking organization may use to satisfy regulatory requirements designed to ensure that large banking organizations have the capacity ...
FMA secures Asset Preservation Orders over Arena Capital Limited / BlackfortFX
May 21st, 2015
The FMA confirms that it is undertaking an investigation into Arena Capital Limited (Arena), trading as BlackfortFX (Blackfort). The FMA has obtained asset preservation orders over the assets of Arena/Blackfort and associated persons, in light of concerns that investor ...
