Bente Avnung Landsnes’ experience in working with Denmark’s financial watchdog is likely to be an important factor in her candidacy. The Board of Directors of Danske Bank, has nominated Bente Avnung Landsnes, the CEO of Oslo Bors ASA, as its… Read More ›
Regulations & Legal
British lawmakers throw Britain in Chaos
Investors and analysts expect British lawmakers to firmly reject a no-deal Brexit; this opens up the possibility of a second referendum, a delayed Brexit or even a snap election. British lawmakers struck yet another blow to Prime Minister Theresa May’s… Read More ›
Russia shrugs off U.S. boycott threat of its International Economic Forum
Foreign investors, including U.S. companies, are nervous over the arrest by U.S. investor Michael Calvey by the Kremlin. On Tuesday, Russia downplayed the risks of a possible boycott by U.S. companies of the Kremlin’s International Economic Forum over the arrest… Read More ›
Attorney General Geoffrey Cox holds the keys to a smooth Brexit
The clincher to May’s deal is Attorney General Geoffrey Cox’s opinion on the legal tenability of the new assurances. On Tuesday, Britain’s former Brexit Secretary David Davis said, British Prime Minister Theresa May’s Brexit proposal could be acceptable once the… Read More ›
China suspends commercial operations of Boeing 737-8 aircraft
The similarity of the plane models, 737-8, and of the circumstances of the crash, while take off, has led to the grounding of all commercial operations. On Monday, following a crash of the Boeing 737-8 aircraft belonging to the Ethiopian… Read More ›
Brexit can be reversed: Jeremy Hunt
In the event May’s deal is voted down on Tuesday, as is very likely, parliament will vote on Wednesday whether it should leave without a deal; if that measure is also voted down, parliament will then take up the issue… Read More ›
US Tech Giant Nvidia Bids For Acquiring To Israel Chipmaker Mellanox: Reports
According to a report published in the Calcalist financial website on Sunday citing sources, an offer to acquire Israeli chip maker Mellanox Technologies Ltd. has been made by the United States gaming and computer graphics giant Nvidia Corp. The report… Read More ›
Britain should not go soft on economic crimes post Brexit: TSC
A report from the British Parliament’s Treasury Select Committee (TSC) has called for improving anti-money laundering standards post Brexit. On Friday, a panel of British lawmakers stated, Britain should not go soft on anti-money laundering standards in order to win… Read More ›
Swedbank dragged into Danske Bank’s scandal
Bill Browder, an investor who campaigns to expose corruption, has filed a complaint with Swedish authorities over Swedbank’s alleged links with Danske Bank’s money laundering scandal. On Friday, Swedbank disclosed, it has been notified by Swedish authorities that Bill Browder,… Read More ›
Intesa Sanpaolo eyeing to sell $11 billion in impaired loans
Intesa Sanpaolo is Italy’s biggest retail bank. On Thursday, as per a source familiar with the matter at hand stated, Intesa Sanpaolo, Italy’s biggest retail bank, is holding talks with a unit of U.S. fund Davidson Kempner for selling $11… Read More ›