San Francisco-based cryptocurrency exchange Coinbase has announced the launch of a Visa debit card, which will allow users in the UK and EU to spend their crypto assets directly from their Coinbase accounts to make real-world purchases and withdraw cash.
There’s a reason that contentious disputes among stockholders in closely held corporations are referred to as ‘business divorces’. Even where relationships among the founders and other principals have not yet soured, a stockholder’s exit can easily prompt a range of damaging, even ugly, quarrels among formerly cordial colleagues
The Fifth Money Laundering Directive (5MLD) has an implementation date of January 2020, with the aim of addressing a number of weaknesses that have come to light since the introduction of the Fourth Money Laundering Directive (4MLD) on 26th June 2017.
Auditors and the accounting profession in countries such as the UK and The Netherlands are facing their worst crisis in a generation. There is a widespread perception that weak audits have contributed to business failures and that auditors are not fulfilling their mandates. In particular, the Big 4 firms are accused of putting their self-interest ahead of the public interest. And, following the financial crisis of 2008 and the ensuing scandals, there is public outrage and intense media scrutiny on the accountancy sector. Never before have auditors been so famous for all the wrong reasons, says José R. Hernandez.
Globant, a digitally native technology services company, has entered into a binding agreement to acquire Avanxo, a leading cloud transformation company with presence in the United States, Brazil, Mexico, Colombia, Peru and Argentina. With this acquisition, Globant continues to focus its capabilities in creating digital experiences for large organisations worldwide, expanding its broad expertise in corporate process optimisation and cloud technologies.
The European leader in the distribution of small equipment and consumables goods to professionals in the hotel and catering industry E.CF has acquired a majority stake in CHS, a company specialising in the professional products supply for the Ho.Re.Ca (Hotel-Restaurant-Café) sector.
AEW has acquired two historic, mixed-use properties in Budapest on behalf of a German separate account. The two properties are neo-renaissance buildings located on the southern section of Andrássy Avenue.
Over the past few years, the market has seen the rise and fall of the grandfather of all cryptocurrencies – Bitcoin. Now, in its slump, investors argue whether Bitcoin will see the same heights that it once did.
In his scientific assessment of competing species, Charles Darwin concluded that it wasn’t necessarily the strongest that survived, but the most adaptable. In the financial world, an ability to respond to changing circumstances has always been a vital attribute. But today it is arguably more important than ever, as the industry grapples with challenges from a number of angles.
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