Search Results for: sec
Brevan’s Ex-Star Trader Contesting Non-Compete Restriction
August 27th, 2014
Chris Rokos Claims 5-Year Hedge Fund Restriction is “Contrary to the Public Interest” Former Brevan Howard Asset Management LLP star trader Chris Rokos, who is contesting a noncompete restriction with the hedge fund, twice made more than $1 billion ...
Australia 200 – Receiving Some Support Around 5620
August 27th, 2014
Australia 200 for Wednesday, August 27, 2014 The Australian 200 Index has finally been able to surge higher to a new six year high around 5650 late last week before easing off to finish out the week. It has ...
Keeping Corporate Lawyers Silent Can Shelter Wrongdoing
August 27th, 2014
Have you heard of Maritza I. Munich? The answer is almost certainly no, yet she is a central figure in Walmart’s unfolding bribery scandal. Ms. Munich was a Walmart lawyer who advocated an aggressive response to investigating the scandal ...
Kleiner to invest in Snapchat at near-$10 billion valuation
August 27th, 2014
Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter. The ...
Interview with Danièle Nouy, Chair of the SSM
August 26th, 2014
Interview with Danièle Nouy, Chair of the Supervisory Board of the Single Supervisory Mechanism (SSM), conducted by Theano Theiopoulou from Phileleftheros newspaper: 1. How is preparatory work for the Single Supervisory Mechanism (SSM) progressing? Will everything be ready by 4 November? As ...
Swiss Bank Pictet Reveals Results for First Time
August 26th, 2014
The Swiss private bank Pictet Group reported its financial results publicly for the first time in its 209-year history on Tuesday, showing a profit and highlighting continuing changes in Switzerland’s traditionally secretive banking culture. Pictet, a privately held wealth ...
Supreme Court’s coal block ruling may cause further economic impact
August 26th, 2014
A mass cancellation of coal blocks awarded since 1993 could cost India up to $3 billion in additional imports and hurt financial firms that have lent to the sector, broking firms said on Tuesday. Apex court ruled on Monday ...
SpotOption partners with ASIC Regulated Binary Brand
August 26th, 2014
SpotOption – headquartered in Cyprus – has entered into a partnership with the youtradeFX Group in facilitating the launch of the latter’s new Australian binary options brand. All online traffic to the Australian offshoot of the group (www.ytfx.com.au) is ...
HKEx Consults On Financial Information Disclosure
August 26th, 2014
Hong Kong Exchanges and Clearing has published a consultation paper seeking the stockmarket’s view on proposed changes to the Listing Rules, relating to the disclosure of financial information, following the enactment of Hong Kong’s new Companies Ordinance. The consultation ...
HMRC Consults On Strict Liability Tax Penalties
August 26th, 2014
HM Revenue and Customs (HMRC) is consulting on the design of a proposed new strict liability criminal offence for those who fail to declare taxable offshore income and gains. Under the plans, magistrates could be given the power to ...
