ARCHIVE November2022
Why early Alameda staff quit over Sam Bankman-Fried’s approach to risk
Years before Sam Bankman-Fried’s crypto empire collapsed, a group of employees quit in a power struggle — after becoming concerned about what they say was his cavalier approach to risk, compliance and accounting. […]
EY split offers chance to poach staff and clients, BDO UK boss says
EY’s looming split offers opportunities for rival firms to hire away staff and poach clients, the boss of accountancy firm BDO UK said. EY’s potential break-up “gives us lots of opportunities”, BDO UK […]
SEBA Bank Opens Hong Kong Office in APAC Expansion
Swiss crypto bank SEBA Bank has expanded its presence in Asia Pacific with a Hong Kong office for its subsidiary SEBA Hong Kong. SEBA Hong Kong’s initial activities will focus on consultancy […]
Julius Baer hit with £18m fine over Russia dealings
UK regulators fined Swiss private bank Julius Baer more than £18m for improper dealings with Russian companies dating back more than a decade. The Financial Conduct Authority said it was fining the […]
Australia National Party opposes referendum to establish indigenous representative body – JURIST
Australia’s National Party Monday announced it opposes a campaign to secure Aboriginal and Torres Strait Islander representation in Parliament. Voice to Parliament is a proposal to amend the Australian Constitution through a […]
Apollo poaches new chief pensions strategist from state government
Connecticut state treasurer Shawn Wooden is joining Apollo Global Management as a partner and chief public pension strategist to help expand the New York firm’s business with retirement systems, which typically are […]
UK government removes ban on ‘legal but harmful’ content in new Online Safety Bill – JURIST
The UK government Monday opted against a ban on “legal but harmful” content in its Online Safety Bill in response to backlash over free speech on social media, especially Twitter. Social media […]
UBS veteran Mark Lewisohn departs after 33 years at the Swiss bank
A 33-year veteran of UBS is leaving the bank, in the latest senior departure from its UK dealmaking team. Mark Lewisohn, who joined the Swiss bank in 1989, has become the latest long-serving […]
England and Wales legal regulator threatens discipline for solicitors who file ‘meritless’ SLAPP lawsuits – JURIST
The Solicitor Regulation Agency (SRA) Monday warned solicitors in England and Wales of disciplinary action resulting from “meritless” lawsuits such as Strategic Lawsuits against Public Participation (SLAPPs). According to SRA, “the key […]
Crypto Review 2022 With Conotoxia, Sellix, and Exarta
Year in, and year out, people continue to wonder how long the crypto hype is going to continue. The volatility of the market keeps leading some to believe that the digital currency’s […]
Lower house of the India Parliament passes two bills to amend reservation policy in Jammu and Kashmir – JURIST
The Lower House of the Indian Parliament, known as the Lok Sabha, passed two bills on Wednesday aimed at introducing and implementing reservations for members of schedule castes, tribes, socially and educationally […]
Israel court resumes PM Netanyahu corruption trial – JURIST
Israeli prosecutors resumed the corruption trial of Israeli Prime Minister Benjamin Netanyahu after Israeli Minister of Justice Yaris Levin lifted the country’s state of emergency on December 1. The trial had been […]
UK Home Secretary signs treaty to send asylum seekers to Rwanda – JURIST
UK Home Secretary James Cleverly signed an asylum treaty Tuesday with Rwanda, in an attempt to overcome a recent ruling by the UK Supreme Court which blocked the government’s policy to send […]
Venezuela voters reject ICJ jurisdiction amid territorial dispute with Guyana – JURIST
The citizens of Venezuela voted Sunday to support a claim of sovereignty over the Essequibo region, endorsing the move to assert control over the disputed, oil-rich area, which comprises two-thirds of Guyana, […]
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