Daily Archives: 09/09/2016
IMF tranche will allow more Ukraine FX liberalisation
September 9th, 2016
The expected release of an IMF loan tranche next week will allow Ukraine to continue liberalising its foreign exchange regime, including dividend repatriation by investors, the chief economic adviser to the prime minister said on Friday. Kiev will hear ...
Tech partnership brings people and payments closer together
September 9th, 2016
Innovative link-up of CBA’s CommBank app and Barclays’ Pingit will allow customers to move money over 10,000 miles – quickly, securely and seamlessly – with no more than a mobile number. Ground breaking collaboration marks the first time two ...
BDO welcomes three new tax partners
September 9th, 2016
Accountancy and business advisory firm BDO LLP continues to invest in its tax offering with three new partner appointments. Last year, revenues in BDO’s tax team increased by 20%, making it the fastest growing tax practice of the ten ...
Elliott Wave Analysis On NZDUSD And EURAUD
September 9th, 2016
NZDUSD USD is mixed today, down against EUR, sideways against GBP but higher against AUD and NZD. We have seen some sharp turns on commodity pairs in the last 24 hours with more weakness in view for the next ...
DDoS Extortionist Copycats Continue To Hound Victims
September 9th, 2016
It has been a while sine I wrote about this subject (or about anything at all for that matter) but, it occurred to me to today that the distributed denial of service (DDoS) extortionist issue is a problem that ...
MasterCard sued for £14bn in largest ever British legal claim
September 9th, 2016
MasterCard ‘firmly disagree’ with allegations in landmark case of overcharging 46m UK customers for card fees Credit card group MasterCard is being sued for £14bn, the largest legal claim in British history, in a landmark lawsuit over allegations that ...
Two investment firms charged with compliance failures
September 9th, 2016
The Securities and Exchange Commission announced that two investment advisory firms are settling charges related to compliance failures within their wrap fee programs. SEC investigations found that St. Petersburg, Fla.-based Raymond James & Associates and Milwaukee-based Robert W. Baird & ...
ICAP plc appoints Seth Johnson CEO of EBS BrokerTec
September 9th, 2016
ICAP plc has issued a press release to announce that Seth Johnson, currently Head of Strategy at ICAP’s Global Broking division, has been appointed CEO of EBS BrokerTec. Seth takes over from Gil Mandelzis who, as announced on 21 July 2016, ...
Wells Fargo Fined $185 Million on Phony Accounts, Fires 5,300 Staff
September 9th, 2016
California and federal regulators fined Wells Fargo a combined $185 million on Thursday, alleging the bank’s employees illegally opened millions of unauthorized accounts for their customers in order to meet aggressive sales goals. A staggering 5,300 employees at Wells ...
Asian Markets Fall After North Korea Nuclear Test
September 9th, 2016
Asian shares moved lower after North Korea conducted a fifth nuclear test Friday, adding to weakness in the market brought on by disappointment about European Central Bank’s inaction on stimulus. But Hong Kong’s Hang Seng Index continues to rally, ...
