Search Results for: tax
Economics of a crash
August 31st, 2015
This month has seen something that happens not very often: it appears to be the early stages of a global stock market crash. For the moment investors are in shock, seeking reassurance and keenly intent on preserving their diminishing ...
Greek bourse calms down after rocky start – Tsipras Risks a Fragmented Parliament
August 27th, 2015
Following the roller-coaster ride during the first two sessions of the week, trading was stable on the Athens Stock Exchange on Wednesday. The general index moved up just 0.16 percent to 622.72 points. Turnover, however, was down considerably on ...
New report from ACCA asks the world’s smallest businesses, “Are you ready for growth?
August 27th, 2015
ACCA talked to SMEs from across the globe to create a guide for CFOs of fast-growing small businesses A new report from ACCA (Association of Chartered Certified Accountants) has collated evidence from across the world of the key role ...
Bank of Cyprus: Group Financial Results for the six months ended 30 June 2015
August 27th, 2015
Key Highlights • Improving funding structure; loans to deposits ratio (L/D) declined to 136% (138% at 31 March 2015) and customer deposits accounting for 54% of total assets (51% at 31 March 2015) • ELA reduced by €1 bn ...
BlackRock to Acquire FutureAdvisor
August 27th, 2015
Combining high-quality B2B technology-enabled advice capabilities and world-class investment and risk management solutions BlackRock, Inc. (NYSE:BLK) has entered into a definitive agreement to acquire FutureAdvisor, a leader in digital wealth management. FutureAdvisor will operate as a business within BlackRock Solutions (BRS), ...
Playtech: Interim results for the six months ended 30 June 2015 – Directorate Change
August 27th, 2015
Delivering on our strategy – strong underlying growth and strategic M&A Playtech (LSE: PTEC) today announces its unaudited interim results for the six months ended 30 June 2015 together with a trading update for the period to 24 August ...
FSB warns the public against Go Direct Stock Market Investments
August 26th, 2015
The Financial Services Board (FSB) warns the public against conducting financial services business with Go Direct Stock Market Investments (GDSMI), Mr Mzoxolo Bezu and/or Mr Mbuso Mthethwa. GDSMI, Bezu and Mthethwa are not authorised to render financial services and ...
UAE’s introduction of VAT will bolster the country’s global competitiveness
August 25th, 2015
The announcement of the planned introduction of a federal value-added tax (VAT) and a corporate tax in the UAE has stimulated a lot of discussion on what this means for the country and its residents. I have a slightly different view ...
Big Four owe public interest not to ditch audit, says KPMG chair
August 25th, 2015
The UK’s largest auditors have a public interest commitment to retain their mature audit businesses despite more lucrative growth prospects elsewhere, the chairman of KPMG has said. In an interview with the Financial Times, Simon Collins, KPMG’s UK chairman, said the ...
U.S. banks moved billions in trades beyond CFTC’s reach
August 24th, 2015
This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. “We saw strange things in the data,” said Chris ...