ARCHIVE December2022
Is ‘last-in-first-out’ still a consideration for company-wide layoffs?
Millions of people switched to new jobs this year. Now many wonder: Does being a newbie make them more vulnerable to potential layoffs? Though the overall labour market remains strong and many employers still can’t fill […]
Fidelity International scores mutual fund license in China
Fidelity International has received final approval from regulators in China to start selling mutual funds in the world’s second-largest economy, joining other global investment firms that directly manage money for individual Chinese investors. A […]
Trading Places: Barclays’ new MDs, Clifford Chance’s senior partner race, Citi’s FIG departure
A senior Citigroup dealmaker who co-heads the bank’s coverage of financial institutions in Europe left as part of a shake-up of the team. Piers Davison, a former JPMorgan banker who joined Citigroup six years […]
Africa was Fastest-Growing Region for Binance in 2022 Review
Crypto and blockchain infrastructure provider Binance has detailed the continued growth it has seen during its operations across Africa. The company reveals that the continent has been one of its fastest-growing regions […]
Santander hit with £108m fine for anti-money laundering failures
The UK’s Financial Conduct Authority on 9 December said that it has fined Banco Santander’s British arm £107.7m ($131.4m) for anti-money-laundering failures. According to the FCA, Santander has failed to properly oversee and […]
Iran carries out first execution of Mahsa Amini protestor – JURIST
Iran authorities Thursday executed 23-year-old Mohsen Shekari for protesting the death of Mahsa Amini, according to state-affiliated source Tasnim News Agency. Shekari is the first protestor to be executed since Iranians nationwide […]
EU watchdog pushes bloc to get tough on City firms’ post-Brexit moves
National regulators across Europe are being urged to take a tougher line on City firms relocating after Brexit, as the bloc’s markets watchdog finds more evidence that many are operating empty shells […]
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
According to a UN report issued Tuesday, there has been a rise in gang violence in Haiti’s central rural region, an area previously considered safe from the increased instability in the country. […]
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