Search Results for: law
Shale Doesn’t Swing Oil Prices—OPEC Does
December 10th, 2015
The oil cartel is still influential, and American shale can’t replace the world’s true “swing” producer. The breathtaking crash in oil prices has generated a new conventional wisdom: America’s shale oil industry has supplanted OPEC as the so-called “swing” ...
BDO’S 2015 Financial Results Reveal Double Digit Growth
December 9th, 2015
13% increase in revenues strengthens BDO’s position as the leading mid-tier global accounting and consulting network • Revenues up 12.95% • 19 strategic mergers • Growth of US firm continues: a 29% rise in revenues takes BDO USA over US$ 1 billion ...
PwC pushes further into legal services
December 9th, 2015
PwC has continued its aggressive push into the legal space, aided by the firm’s appointment of a former Gilbert + Tobin partner as head of projects. Tony O’Malley, PwC Australia and Asia Pacific legal services leader, told Lawyers Weekly’s sister publication AccountantsDaily that the ...
BCSC panel issues lifetime ban against self-employed “Forex” trader
December 9th, 2015
A British Columbia Securities Commission (BCSC) panel has fined and permanently banned Hong Liang Zhong from the province’s capital markets for fraud, unregistered trading and offering clients false guarantees to reimburse them for any losses. In May 2015, the panel found ...
Bitcoin’s Creator Satoshi Nakamoto Is Probably This Unknown Australian Genius
December 9th, 2015
Even as his face towered 10 feet above the crowd at the Bitcoin Investor’s Conference in Las Vegas, Craig Steven Wright was, to most of the audience of crypto and finance geeks, a nobody. The 44-year-old Australian, Skyping into ...
TrueEX locks in JPM, RBS for swaps service
December 9th, 2015
Trading platform trueEX has rolled out a new automated trading service for swaps and locked in the participation of two major dealers – something of a coup as banks have traditionally been unwilling to support such efforts in the past. JPMorgan and Royal ...
A Fateful Mistake Haunts Goldman Sachs
December 8th, 2015
Bank faces fresh allegations of share-count error tied to Tibco takeover Goldman Sachs Group Inc. is entangled in an increasingly contentious fight over a 2014 takeover on which it advised, underscoring the treacherous legal environment for mergers-and-acquisitions bankers. Goldman faces fresh allegations ...
Russia And Turkey: Teetering On The Brink
December 7th, 2015
The Russian state-run propaganda machine is currently fanning anti-Turkish vitriol full-time. Economic ties between Russia and Turkey are being effectively severed, while military forces have been put on high alert. Is this escalation a mere PR exercise to mobilize ...
CBA builds a blockchain in its innovation lab
December 7th, 2015
In its Innovation Lab in Darling Harbour, a team of Commonwealth Bank of Australia computer engineers have built a working “blockchain”. For CBA, a “distributed ledger” is no longer a concept on a whiteboard, but a matter of hardware. ...
Russia seeks to boost trade with UAE and strengthen Iran industrial links
December 7th, 2015
Russia wants to boost trade ties with the UAE at the same time as it pursues closer links with Iran. The Russian trade minister Denis Manturov told The National that he wanted to grow the US$2 billion in trade ...
