Search Results for: tax
Europe Bankers Cringe at Rising U.S. Fines Amid BNP Probe
June 12th, 2014
HSBC Holdings Plc (HSBA) Chairman Douglas Flint had some advice for bank executives meeting in London last week: Read up on how the U.S. uses financial warfare against its enemies in a foreign-policy shift that’s entangling lenders. Since HSBC ...
Europe Stocks Are Little Changed on World Bank Global Cut
June 11th, 2014
European stocks were little changed near a six-year high as the World Bank cut its global growth forecast, and investors awaited a report on U.K. unemployment. U.S. stock-index futures were also little changed, while Asian shares rose. Airbus NV ...
Asian stocks weak on world bank growth downgrade
June 11th, 2014
Asian stock markets were weak on Wednesday, dragged down by the World Bank’s lower global growth forecast. The bank cut its forecast for global economic growth this year to 2.8 percent from the 3.2 percent it forecast in January. ...
Fed’s Bullard: ‘The Bubble Was Developing Under Our Noses’
June 10th, 2014
Perhaps accidently wiping out in one fell swoop six years of carefully orchestrated and minutely maintained Fed propaganda, St. Louis Fed President James Bullard admitted to reporters on Monday after a speech in Palm Beach, Florida, that the Fed ...
How to: be a better solicitor
June 6th, 2014
The following grew out of various informal talks I used to give to the many articled clerks and trainee solicitors with whom I had the privilege of sharing an office over the years. Solicitors are good at teaching hard ...
Sprint and T-Mobile near a deal
June 5th, 2014
Sprint Corp. (S) is nearing an agreement on the price, capital structure and termination fee of an acquisition for T-Mobile US Inc. (TMUS) that could value the wireless carrier at almost $40 a share, people with knowledge of the ...
The Perils of Silos in Risk Management
June 4th, 2014
Silos, or autonomous units, can exist in most organizations. It’s no surprise that risk management can be divided into “siloed” functions, and it’s commonly done. Among their advantages: Silos can enable risk management specialization by business unit. For example, ...
Don’t be conned by ‘e-mails from HMRC’
June 4th, 2014
Nottingham accountant Serena Humphrey is urging businesses to be vigilant of fraudulent e-mails. The owner of F Word financial training company believes companies are continuing to fall victim to the messages, claiming to be from HMRC, in many cases ...
Gunfire in Karachi, Stocks Drop on Report of Politician’s Arrest
June 4th, 2014
Shops closed and public buses stopped operating in Pakistan’s biggest city a day after U.K. police questioned Karachi’s most powerful political figure as part of a money-laundering investigation. About 400 people blocked one of Karachi’s main streets to protest ...
Australian GDP Pickup Suggests RBA Transition Working
June 4th, 2014
Australia’s economy grew at the fastest pace in two years as surging exports and home building showed record-low borrowing costs are sustaining a 22-year expansion even as mining investment slows. First-quarter gross domestic product advanced 1.1 percent from the ...