Fraudster Bernard Madoff’s former accountant Paul Konigsberg pleaded guilty to helping the convicted financier with his Ponzi scheme by falsifying records. “I’m here today to take responsibility for what ... Read More
The Cyprus Securities and Exchange Commission (CySec) has published a press release informing the investors that the company ‘BDB Services Ltd’ (https://www.australia.bancdebinary.com and https://www.bbinary.com): 1. Is not permitted to ... Read More
Banks in Singapore will soon be required to keep certain amounts of easy-to-sell assets on hand in the country to support themselves in times of stress. The new liquidity ... Read More
The Obama administration cleared the way for the first exports of unrefined American oil in nearly four decades, allowing energy companies to start chipping away at the longtime ban ... Read More
A New York court has fined a former UK-based Credit Suisse trader for his role in artificially inflating bond prices. David Higgs was spared prison, which was the fate ... Read More
David Cameron’s former communications chief Andy Coulson is facing jail after being found guilty of conspiring to hack phones while he was editor of the News of the World. ... Read More
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that “Waidelotte Directors Limited” has successfully obtained the CySec licence to operate as Administrative Services ... Read More
Ratings agency Standard Poor’s has failed to avoid a legal battle with 91 councils, church groups and charities over investments that went bad during the global financial crisis. The ... Read More
Japan has unveiled plans to cut the country’s corporate tax to below 30% in several stages starting next year. The move is part of Prime Minister Shinzo Abe’s plan ... Read More
More finance journalists and industry people should go to academic conferences. There is a lot of good stuff to learn. Case in point: I recently attended the Western Finance ... Read More
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