Archives
Japan’s shares at fresh 15-year high on weaker yen
February 27th, 2015
Shares on Japan’s main index were up on Friday morning due to a weaker yen against the US dollar and despite a raft of mostly disappointing economic figures. In Tokyo, the benchmark Nikkei 225 was up 0.24% in early trade at ...
HMRC confirms HSBC Suisse bank data can now be shared
February 26th, 2015
HMRC‘s Chief Executive, Lin Homer, today announced in a Treasury Select Committee hearing that the French authorities have formally agreed that HMRC can share stolen HSBC Suisse customer account data with other law enforcement agencies and regulators, for the ...
KPMG names William O’Mara global head of audit
February 26th, 2015
Audit, tax and accounting firm KPMG appointed William O’Mara as global head of audit, effective March 1. He succeeds Larry Bradley who led the practice since 2013, the company said. O’Mara is a senior audit partner and has served ...
UK law firms reach six-year records on growth
February 26th, 2015
UK law firms are having a good year, according to research from TheCityUK. Turnover was up by 8.4 per cent in the year, 2013/14, covered by data from TheCityUK – and the group predicts that 2014/15 revenue will show ...
Hogan Lovells Ranked as Leading Firm by Global Arbitration Review for Sixth Consecutive Year
February 26th, 2015
Hogan Lovells‘ global international arbitration group has been ranked fourth place in Global Arbitration Review’s (GAR) annual listing of the world’s most active international arbitration practices for the second year running. This is the sixth consecutive year that Hogan ...
EU unveils plans for historic single energy market
February 26th, 2015
The EU unveiled plans Wednesday for a continent-wide single energy market to reduce its uneasy reliance on Russian supplies and cut a massive annual import bill of some 400 billion euros. The proposals by the European Commission, the executive ...
Deutsche Bank and Hewlett-Packard sign agreement
February 26th, 2015
Deutsche Bank and Hewlett-Packard (“HP”) today announced a ten-year, multibillion dollar agreement that will further modernise the Bank’s global information technology (IT) environment and aims to significantly reduce related IT infrastructure costs. Under the terms of the agreement, which ...
S&P Dow Jones Indices and NZX Limited Enter Into Strategic Index Agreement
February 26th, 2015
S&P Dow Jones Indices (“S&P DJI”), one of the world’s leading providers of financial market indices, and NZX Limited today announced a strategic agreement to jointly develop, produce and commercialize co-branded investable indices featured on NZX platforms and related ...
RBS: Annual Results 2014
February 26th, 2015
RBS reports an attributable loss of £3,470 million in 2014, compared with a loss of £8,995 million in 2013. The result included a loss from discontinued operations of £3,445 million, which reflected a £3,994 million fair value write-down in ...
National Bank of Ukraine tightens the requirements applying to banks’ foreign exchange purchase operations
February 26th, 2015
With a view to maintaining foreign market stability and curbing unreasonably heightened demand for foreign exchange from banks’ clients that triggers turbulence in the foreign exchange market, on February 24, 2015, the National Bank of Ukraine passed Resolution No 130 On ...