The raid by the Panamanian police is supposedly looking for evidence of illegal activities by the law firm. Late on Tuesday, Panama’s Attorney General has raided the offices of Mossack Fonseca, a law firm, in search for evidence of illegal… Read More ›
HR & Organization
Alcoa posts lower profits for first quarter of 2016
The company is set to split in the second half of this year. Alcoa Inc., a company which deals in metals, has reported a lower quarterly profit thanks to low commodity prices. Plant closures and disinvestments along with a strong… Read More ›
Hutchison ready to sell 30% of its capacity to soothe regulatory concerns
This M&A will be a litmus test for Margrethe Vestager, the European version of an antitrust commissioner. As per multiple sources familiar with the matter at hand, CK Hutchison Holdings has struck a network-sharing deal with Virgin Media and Sky… Read More ›
A vertical split is against shareholder’s interest – JPMorgan Chase & Co.
JPMorgan Chase & Co. has advised shareholders to vote against any proposal that proposes a splitting up of the bank, since an internal 2015 review had concluded that such a move would go against shareholder’s interest. JPMorgan Chase & Co… Read More ›
What it’s like to work at Duff and Phelps
Working for a big firm within the corporate finance world can sometimes be intimidating. But at Duff & Phelps, the premier global valuation and corporate finance advisor, the culture, ambiance and results they offer can be truly enjoyable for all… Read More ›
New redomiciling rules lay waste to Pfizer’s acquisition of Allergan
Companies will now have to re-work their tax strategies in order to optimize their U.S. tax profile. In what has been described as a major victory for President’s Obama’s drive to curb tax dodging moves made by corporates, Pfizer Inc’s… Read More ›
LIFT by Encore becomes Boeing sole supplier for seats
The contract covers the current 737 jets as well as the next generation MAX jumbo jets. In a development that has been termed by industry experts as boosting competition, Boeing Co has said it has finalized on a new aircraft… Read More ›
Financial details of the wealthy and corrupt – leaked
Is this another Edward Snowden for financial dealings? In a development that is likely to have serious wide ranged implications, tax authorities in New Zealand and Australia are investigating into a massive data leak from a Panama based law firm… Read More ›
Orange and Bouygues boards meet independently for merger talks
Ahead of their scheduled merger, the board of directors of the French telecom giants meet independently to iron out any burrs and regulatory requirements that may act as a hindrance to the deal. Two anonymous sources who are knowledgeable of… Read More ›
By 2020, 5 million human jobs will be done by robots
As per a research paper released by the World Economic Forum, 65% of the world’s workforce will have to be retrained so as to not lose their jobs to robots. It is no secret that robots are essentially more efficient… Read More ›