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News & Updates

July 10, 2015 How Public Companies Can Prepare For The Executive Compensation Clawback Regime

Source: JD Supra

Many public companies have not waited for the Securities Exchange Commission (SEC) to mandate executive compensation recovery policies, as required by the Dodd-Frank Act. Shareholder and peer pressure has resulted in the adoption...

July 10, 2015 European stocks rally on renewed Greek deal hopes

Market Watch - The îStoxxî Europe 600 SXXP, +1.75% leapt 1.7% to 387.59, as all sectors posted gains. The move builds on a rise of 2.2% on Thursday, and the index is on track for a weekly rise of 1.1%. Greece late...

July 10, 2015 European officials pore over Greece’s last-ditch request for a bailout

Source: Washington Post

ATHENS — European officials were combing through Greece’s last-ditch request for a bailout Friday as they raced to determine over the next 48 hours whether to throw the debt-laden country a financial lifeline before its economy...

July 10, 2015 The really worrying financial crisis is happening in China, not Greece

Source: The Telegraph

While all Western eyes remain firmly focused on Greece, a potentially much more significant financial crisis is developing on the other side of world. In some quarters, it’s already being called China’s 1929 – the year of the...

July 9, 2015 Greece debt crisis: Deadline day for new proposals

Source: BBC News

Greece has until the end of Thursday to present new proposals to secure a third bailout from creditors and prevent a possible exit from the eurozone.

July 9, 2015 Why a Meaningful Boost for Those at the Bottom Requires Help From the Top

Source: NY Times

Just about every high-profile politician in the country today says income inequality is a problem. And while those from the center-left to the far right differ on how they would reduce inequality, they tend to agree on one thing:...

July 9, 2015 Fed Still Looking at Raising Rates This Year, Minutes Show

Source: NY Times

WASHINGTON — Federal Reserve officials spent their most recent policy meeting, in June, preparing to raise interest rates later this year. Officials liked the look of recent economic data, including early signs that wages were...

July 9, 2015 CBO says US deficit down US$52b so far in fiscal 2015

Source: Business Times

The US budget deficit shrank by US$52 billion during the first nine months of fiscal 2015 from a year ago as tax receipts grew faster than spending increases, the Congressional Budget Office said on Wednesday.

July 9, 2015 Stocks rise in Asia, Europe as China rebounds, Greece works on reforms

Source: LA Times

Asian stocks rebounded on Thursday as Chinese government measures aimed at stabilizing free-falling share prices took hold. European benchmarks gained as Greece's government raced to finalize details of reforms as it seeks a...

July 9, 2015 NYSE shut down for nearly four hours by technical glitch

Source: Reuters

The New York Stock Exchange was forced to suspend trading for several hours on Wednesday in the biggest outage to hit a U.S. financial market in nearly two years, unnerving investors already rattled by the meltdown in Chinese...

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