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legal

Fund giant wins £10.4m legal claim against co-founder

05/10/2016(0)
Marathon Asset Management has won a four-year legal battle against co-founder Jeremy Hosking, winning a £10.4 million claim against him for breach of ‘contractual and fiduciary duties’. Marathon, which ... Read More
SFC - Hong Kong

SFC bans former employees of HSBC

07/09/2016(0)
The Securities and Futures Commission (SFC) has banned Ms Chau Hang Yu and Mr Steve Chow Chun Yin, both former employees of The Hongkong and Shanghai Banking Corporation Limited ... Read More
Walmart image

Walmart moves to automate accounting positions; 7,000 positions will be cutting back

06/09/2016(0)
Walmart plans to shed about 7,000 store accounting and invoicing positions as the company moves to automate those processes, though workers will be offered positions elsewhere in their stores, the company ... Read More
Securities Exchange Commission

SEC Whistleblower Program Surpasses $100 Million in Awards

31/08/2016(0)
The Securities and Exchange Commission’s awards to whistleblowers have surpassed the $100 million mark with the program’s second-largest award of more than $22 million announced earlier today. The whistleblower program was ... Read More
GoldmanSachs

Goldman Sachs’s Fight to Avoid Paying Employees’ Legal Fees

09/08/2016(0)
We know that paying for a lawyer can be an expensive proposition. The New York Times reported recently that a Turkish gold trader, Reza Zarrab, has hired a veritable who’s ... Read More
citigroup-inc

Citi Announces Sale of Prepaid Card Services to Wirecard

30/06/2016(0)
Citigroup today announced that it has reached a definitive agreement to sell its institutional Prepaid Card Services to Wirecard AG. The operations of Prepaid Card Services, including its approximately ... Read More
PwC-building

Former PwC employees to stand trial over Luxleaks scandal

26/04/2016(0)
THE LUXLEAKS scandal starts a new chapter today as two former PwC employees go on trial accused of leaking thousands of corporate documents that expose Luxembourg’s shadowy tax deals. Antoine ... Read More
Broker Cyprus TopFX