The Swiss group’s revelation of a US$100m loss at its South Korean subsidiary could be just one example of “a ticking time bomb”, claims Bottomline Technologies.
French presidential hopeful Emmanuel Macron’s rhetoric to tempt London-based banks to relocate to Paris doesn’t fully stand up to scrutiny, says Brickendon CEO Christopher Burke.
An online survey of small business owners on both sides of the Atlantic finds them in optimistic mood, despite an uncertain outlook.
Finance ministers back further moves to prevent multinationals from exploiting differences in tax rates between EU member countries and those outside the region.
The outlook for the UK economy is negative and the recent recovery by the pound is unlikely to last.
The European Banking Authority said that its proposed rules for stronger customer authentication would be relaxed for payments under €10.
Most are ‘hugely optimistic’ that their business will succeed in the year ahead, according to Ricoh Europe.
Companies have only a limited time to complete their preparations before the UK departs the EU, warns Marsh executive Mark Weil.
Although the EU’s Markets in Financial Instruments Directive (MiFID II) is now better understood by asset management firms, too many grey areas still surround the regulation, claims Linedata.
European insurers are likely to use it increasingly in response to the capital adequacy requirements of the directive, reports Fitch Ratings.