Financial news

Capitalism is having an identity crisis – but it is still the best system

5 years by Daniel Williams

3 Comments

Uncategorized

The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

5 years by Daniel Williams

2 Comments

Uncategorized

Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

4 years by Daniel Williams

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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 […]

Сryptocurrencies

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 […]

Ukraine authorities accuse four appellate judges of bribery – JURIST

The National Anti-Corruption Bureau of Ukraine (NABU) and Specialised Anti-Corruption Prosecutor’s Office accused on Thursday four judges from the Kyiv Court of Appeal of graft totaling $35,000. According to NABU, the payment occurred […]

Kenya High Court declares housing levy unconstitutional – JURIST

Kenya’s High Court declared on Tuesday that a 1.5 percent levy, introduced in an earlier bill to fund affordable housing, violated constitutional principles. The levy was a provision of the Finance Act […]

Niger junta revokes law which restricted migrant smuggling routes to Europe – JURIST

Niger’s junta issued a decree Monday revoking a law which had helped curb migration of West Africans to Europe. The law had been backed by the EU but faced strong opposition from […]

UN report reveals surge in violence in Haiti rural central region – JURIST