Search Results for: tax
Why Latin American economies are turning to bitcoin
March 17th, 2016
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the ...
Will bitcoin provide banks with their ‘Kodak Moment’?
March 16th, 2016
The world’s banks are facing a ‘Kodak Moment’ if they continue to dismiss the virtual currency bitcoin as just the opening act for more revolutionary blockchain-based innovation, says Max Tannahill, a business change and implementation manager at ANZ It ...
RBS to cut almost 450 investment banking jobs in UK
March 16th, 2016
Bank announces layoffs, adding that two-thirds of lost roles will move offshore to its operation in India Royal Bank of Scotland is cutting 448 investment banking jobs in the UK, moving two-thirds of them to India. The bank, 73% of ...
Deutsche Börse AG and London Stock Exchange Group plc agree to industry-defining merger
March 16th, 2016
Highly complementary combination across divisions and asset classes which accelerates LSEG and DBAG’s respective growth strategies and results in a significantly enhanced product offering for customers. Through its enhanced position in the global market infrastructure sector, well placed to ...
Asian Stocks Fall as Dollar Strengthens Before Fed; Oil Rebounds
March 16th, 2016
Yen weakens as Kuroda says negative rate can be cut further Crude climbs toward $37 a barrel before U.S. investories data Asian stocks fell and the dollar strengthened against most major currencies before a Federal Reserve policy review on ...
Deloitte LLP formed a new legal business
March 15th, 2016
Deloitte LLP (Deloitte) today announced the formation of a new legal business in Canada called Deloitte Conduit Law LLP, which will practice in an affiliation with Deloitte. Deloitte Conduit Law LLP acquired the business of Conduit Law. The newly ...
54% of IPs see HMRC as ‘unhelpful’
March 11th, 2016
OVER half (54%) of insolvency practitioners (IPs) think HMRC makes it harder to rescue businesses than wind them up, according to a survey of the profession by R3, the insolvency trade body. And nearly three-in-four (71%) IPs believe HMRC has ...
HSBC Going Solo in China Credit Cards Boosts Expansion Plan
March 10th, 2016
Bank has ended card venture with Bocom, Asia head says HSBC would be just one of three foreign card issuers in China HSBC Holdings Plc winning approval to start a credit-card business in China’s $1 trillion market offers Chief ...
Two Cayman Island Financial Institutions Plead Guilty in Manhattan Federal Court to Conspiring to Hide More Than $130 Million in Cayman Bank Accounts
March 10th, 2016
Cayman Companies Admit to Helping U.S. Taxpayer-Clients Hide Assets in Offshore Accounts, and Agree to Produce Account Files of Non-Compliant U.S. Taxpayers First Conviction of Non-Swiss Financial Institution For Tax Evasion Conspiracy U.S. Attorney Preet Bharara for the Southern ...
Deloitte Forms Alliance with Kira Systems to Drive the Adoption of Artificial Intelligence in the Workplace
March 10th, 2016
Deloitte announced an alliance with Kira Systems to bring the power of machine learning to the workplace, an innovation that could help free workers from the tedium of reviewing contracts and other documents. The alliance combines Deloitte’s business insights in cognitive technologies ...
