SRA investigates collapsed law firm Calibre
March 10th, 2014
THE Solicitors Regulation Authority (SRA) has launched an investigation into Calibre Solicitors, a Salford-based personal injury law firm that went into administration in February. According to a creditors report a number of clients had complained to the SRA about ...
As talk of sanctions on Russia heats up, business groups draw cautionary line
March 10th, 2014
Business groups are pushing to ensure that any economic sanctions imposed on Russia by the United States are joined by as much of the rest of the world as possible, warning Congress and the Obama administration that unilateral U.S. ...
More than 1,000 lawyers protest outside parliament at legal aid cuts
March 10th, 2014
UK- More than 1,000 barristers and solicitors – many bearing placards declaring “Grayling must go” and accompanied by a giant, papier-mache effigy of the justice secretary – have protested outside parliament at cuts to criminal legal aid in their ...
Inmates running the asylum
March 10th, 2014
IT WAS always an awkward coincidence that the cousin of Steve DiCarmine, a former executive at the collapsed law firm Dewey & LeBoeuf , was “Vinny Gorgeous” Basciano, who ran the Bonnano crime family and is now serving a ...
Carney Faces Leadership Test as Currency Scandal Snares BOE
March 10th, 2014
Bank of England Governor Mark Carney will face his toughest public testimony to date as he seeks to defend the integrity of an institution that’s become embroiled in the currency-manipulation scandal. Lawmakers will grill Carney tomorrow after the BOE ...
Dividend Policy Ratios
March 6th, 2014
Dividend policy ratios provide insight into the dividend policy of the firm and the prospects for future growth. Dividend policy ratios measure how much a company pays out in dividends relative to its earnings and market value of its ...
Liquidity Ratios
March 6th, 2014
Does your firm have enough cash on an ongoing basis to meet its operational obligations? This is an important indication of financial health. Liquidity ratios provide information about a firm’s ability to meet its short-term financial obligations. They are ...
Financial ratio
March 6th, 2014
A financial ratio can be defined as a comparative magnitude of two selected statistical values taken from the financial statements of a business enterprise. Being used in accounting very often, numerous standard ratios are used for evaluation of the ...
Repo (Repurchase agreement)
March 6th, 2014
Repo is an agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price. In other words it is an agreement with a commitment by the ...
Mutual Funds
March 6th, 2014
An open-ended fund operated by an investment company which raises money from shareholders and invests in a group of assets, in accordance with a stated set of objectives. Mutual funds raise money by selling shares of the fund to ...
