Search Results for: tax
PwC announces executive board changes
May 31st, 2016
New PwC leader Kevin Ellis, who takes over as chairman and senior partner for the UK and Middle East from 1 July, has revealed his new UK executive board. UK Executive Board: Kevin Ellis – Chairman and senior partner Jon Andrews ...
Dollar supported by U.S. rate view, Aussie jumps
May 31st, 2016
The dollar hovered near its highest level in two months against a basket of currencies on Tuesday on growing expectations of an imminent U.S. interest rate hike, while the Australian dollar jumped on surprising strong local economic data. The ...
Currency Traders Beware as Danske Bank Eliminates Human Element
May 31st, 2016
Danske Bank A/S is pitching a new product to help clients net their currency transactions and reduce the need for human traders. The second-biggest Nordic bank won a contract last week with Sweden’s government to provide the service and ...
Deloitte has added 80 new partners, 30 per cent of which are women
May 31st, 2016
Accountancy giant Deloitte has added 80 new partners, 24 of which are women, as the company pushes to improve its gender diversity. The new roles fall predominantly in London, with 56 of the partners working in the capital. It was recently ...
Bitcoin Miner KnCMiner Declares Bankruptcy
May 31st, 2016
KnCMiner, who recently won a lawsuit against complainants who had sued over late or failed delivery of one of the company’s previous iterations of bitcoin mining hardware (the Titan) , has filed bankruptcy ahead of July’s mining reward halving. The Swedish ...
Asian stocks mostly higher; Chinese markets jump more than 2%
May 31st, 2016
Asian markets were mostly higher on Tuesday, with Chinese mainland markets up more than 2 percent and Japan shares rising after better-than-expected economic data. Chinese mainland markets soared on Tuesday, with the Shanghai Composite up 2.9 percent and the Shenzhen composite up 3.433 ...
Financier accused of $804 million fraud in investment scheme
May 30th, 2016
The long-awaited trial of Swiss financier Dieter Behring starts in Bellinzona, southern Switzerland, on Monday. The 61-year-old will answer charges after his collapsed investment scheme cost clients some CHF800 million ($804 million). Behring is accused of fraud, qualified money ...
KPMG replaces BDO as auditor of the multinational company Benchmark
May 30th, 2016
ANIMAL WELFARE and nutrition business Benchmark has confirmed the appointment of KPMG as its auditor. The Big Four firm replaces BDO, which held the post with the AIM-listed company for the past 15 years. The appointment is effective immediately, and ...
Gold Sinks as Dollar Gets Boost From Yellen; Japan’s Stocks Rise
May 30th, 2016
Yen drops to one-month low as Abe aide signals tax-hike delay Yuan retreats as PBOC sets weakest fixing in five years Gold fell for the ninth day in a row, its longest losing streak in a year, and the ...
Regulation – the hidden curse
May 27th, 2016
Regulations are nearly always introduced with the best intentions. In financial services, they aim to stop unscrupulous brokers and banks from ripping off the public through bad practices. Manufacturers are banned from making products which are dangerous to children, ...
