Everyone knows that chief executive officers rake in the big bucks. But which CEOs earn the highest salaries of all? The Associated Press and executive data firm Equilar teamed up to find out. They recently published a report on the 10 highest-paid CEOs in 2016. The study also found that, on average, CEOs saw a […]
Last week was the implementation date for the fourth EU Money Laundering Directive (MLD4); time to see if preparations are up to scratch or whether a flurry of FCA fines will be issued. John Marsden, Head of ID and Fraud at Equifax had this to say. The rise in high profile fines for failing to […]
The SFO recently charged Barclays, its former CEO and three other former top executives with fraud pertaining to the funding of billions of pounds from Qatar during the 2008 financial crisis. The bank’s shares fell 0.5% on the news. There have not been any other charges or investigations in regard to the financial crisis, but […]
Discussing the potential for employee efficiency and the needs of employees in the workspace, Richard Morris, UK CEO of Spaces, make his business case for the benefits of employee switch-off. They’re known as “shower thoughts,” those seemingly random thoughts or ideas that occur when taking our morning shower- or engaged in a similarly monotonous task. […]
A large majority of global banks, insurers and investment managers intend to increase their partnerships with FinTech companies over the next 3 - 5 years and expect an average return on investment of 20% on their innovation projects, according to a new PwC report Redrawing the lines: Fintech’s growing influence on Financial Services. The report, […]
Two-thirds of organizations adapting their technology strategy due to unprecedented political and economic uncertainty. Despite two-thirds (64 percent) of organizations adapting their technology strategy because of unprecedented global political and economic uncertainty, 89 percent are maintaining or ramping up investment in innovation, including in digital labor. More than half (52 percent) are investing in more […]
Movinga recently completed a study which investigates the possible benefits of foreign human capital in Germany. In order to do this, research was conducted into each of the 16 federal states. The number of firms receiving venture capital, the number of patent applications, the unemployment rate, and the percentage of the state that were born […]
In conjunction with the meeting of the IFRS Foundation’s Trustees in Tokyo, Japan, the IFRS Foundation Trustees and Japan’s Financial Accounting Standards Foundation (FASF) issued a joint statement. It reaffirms their shared commitment to the objective of a single set of high quality, global accounting standards and describes how the two organisations will work together […]
The US Commodity Futures Trading Commission (CFTC) has approved the creation of LabCFTC, a new initiative aimed at promoting responsible FinTech innovation to improve the quality, resiliency, and competitiveness of the markets the CFTC oversees. Located in New York LabCFTC will also look to accelerate CFTC engagement with FinTech and RegTech solutions that may enable […]
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