Daily Archives: 12/09/2016
China’s elite law firms moving from strength to strength
September 12th, 2016
China’s legal market is defying a slackened economy, with turnover on the up at most of the country’s elite law firms. The latest revenue ranking of Chinese law firms fromThe American Lawyer has shown that China’s biggest firms are continuing ...
BOK Financial, Senior Executive Charged With Turning Blind Eye to Investment Scheme
September 12th, 2016
The Securities and Exchange Commission today announced that a subsidiary of Oklahoma-based BOK Financial Corporation has agreed to pay more than $1.6 million to settle charges that it concealed numerous problems and red flags from investors in municipal bond ...
Listed venture company H2Ocean launched
September 12th, 2016
H2 Ventures has announced the launch of H2Ocean, a listed venture company investing in early and growth stage fintech businesses. H2Ocean is expected to begin trading on the ASX on a normal settlement basis on 19 October 2016, and ...
British Accountancy Awards revealed the 2016 shortlist
September 12th, 2016
Now in their 6th year, British Accountancy Awards announced the Shortlist for 2016. The Awards are regarded as the industry’s most prestigious accolades. They pinpoint professional development and highlight those that have demonstrated excellence in their profession during the ...
TechFinancials reports Revenue increased by 34% to US$9.86m
September 12th, 2016
TechFinancials (AIM: TECH), a leading technology provider to financial trading brokers, today announces its unaudited interim results for the six month period ended 30 June 2016 (“H1 2016”). Financial Highlights Revenue increased by 34% to US$9.86m (H1 2015: US$7.34m) ...
Digital payment firm has bought finance app maker in a $7.5 million deal
September 12th, 2016
Digital retail finance and payment industry player zipMoney has bought personal finance management app maker Pocketbook. The deal includes $6 million upfront and another $1.5 million, depending on a set of milestones. The acquisition strengthens zipMoney’s position in Australia’s ...
Japanese bonds are headed for their worst quarter in 13 years
September 12th, 2016
‘It’s simply a misunderstanding’ by market: Tokai Tokyo’s Sano Falling liquidity exposes market to spike in yields, Sano says Japan bond superbull Kazuhiko Sano remains committed to his stance that’s been vindicated since 2012 despite a recent surge in ...
ASIC permanently bans former Sydney finance broker
September 12th, 2016
ASIC has permanently banned former Sydney finance broker, Jennifer Farias of Elderslie, from engaging in credit activities and providing financial services. The bannings follow an ASIC investigation and criminal action against Ms Farias who pleaded guilty in the NSW ...
Woes at Italy’s Biggest Bank Reverberate in Europe
September 12th, 2016
Troubles could worsen already-weak economy, imperil continent’s fragile financial stability For UniCredit SpA, the summer of discontent for Italy’s banks looks likely to stretch well into the fall—and possibly beyond. UniCredit, Italy’s largest lender by assets, emerged as one of the ...
Asia stocks, bonds suffer central bank anxiety attack
September 12th, 2016
Asian shares suffered their sharpest setback since June on Monday as investors were rattled by rising bond yields and talk the Federal Reserve might be serious about lifting U.S. interest rates as early as next week. European bourses were ...
