Search Results for: paris
HSBC pays out £28m over money-laundering claims
June 5th, 2015
Geneva prosecutor agrees to close investigation into HSBC in return for the financial settlement HSBC has been ordered to pay a record 40m Swiss francs (£28m) and been given a final warning by the Geneva authorities for “organisational deficiencies” which ...
What will Opec do about the oil supply?
June 3rd, 2015
With oil prices down some 40% in a year, the oil ministers of the Organization of the Petroleum Exporting Countries (Opec) are once again getting together in Vienna this week to decide whether to cut output or keep pumping ...
Western Europe overtakes China and North America as #1 investment destination with FDI projects at record high
May 27th, 2015
US$305b invested into the region, 36% year-on-year increase UK, Germany and France remain the preferred destinations for foreign direct investment (FDI) within Europe, while Turkey enters the Top 10 More than half (59%) of investors into the region believe ...
Quarter of FTSE 100 bosses are qualified accountants
May 21st, 2015
Background in finance most likely career path among Britain’s top bosses Company bosses working in the FTSE 100 are more likely to have a background in finance than any other specialism, recruiters Robert Half said. The 2015 annual Robert Half FTSE ...
Investors Leery of Separate Accounting Standards for Private Companies
May 19th, 2015
The majority of investors are apprehensive about the creation of separate accounting standards for private companies, and the argument in favor of such standards “doesn’t withstand scrutiny,” according to a new report by the CFA Institute. The study, Addressing Financial Reporting ...
Hedge Funds Lose Faith in Oil Rally as OPEC Seen Boosting Supply
May 18th, 2015
Speculators are losing faith in the oil rally, judging that OPEC will keep increasing supply from the highest level since 2012. Their net-long position in West Texas Intermediate crude dropped 2.1 percent, as long wagers fell the most in ...
France Restricts the Movement of Gold, Cash, & Crypto-Currencies
May 8th, 2015
France is the most socialist country in Europe; it always attacks anyone with money. France’s latest war on money is broadening to create a virtual lockdown on all assets. France is strengthening the control of cash payments drastically. Additionally, gold sales ...
Orwell chooses Interoute’s secured PCI DSS infrastructure to host its revolutionary cross border online current account
May 7th, 2015
ipagoo extends beyond national boundaries and provides the world’s first truly cross border service Interoute, owner and operator of Europe’s largest cloud services platform, has announced that it has been chosen by Orwell, a pan-European financial services group, to ...
Greece makes IMF payment but hopes of quick deal dashed
May 6th, 2015
Greece made a small interest payment to the International Monetary Fund on Wednesday but European lenders dashed hopes for a cash-for-reforms deal before a more crucial, bigger installment Athens must pay next week. Leftist Prime Minister Alexis Tsipras‘ government ...
Virtu Financial Announces First Quarter 2015 Results
May 6th, 2015
Virtu Financial, Inc. (Nasdaq:VIRT) a leading technology-enabled market maker and liquidity provider to the global financial markets, which priced its initial public offering on April 15, 2015, today reported results for the first quarter ended March 31, 2015. First ...
