Put yourself in the shoes of the independent non-executive directors of Ten Network Holdings and it is easy to understand why they rolled over so quickly in the face of threats from Lachlan Murdoch and Bruce Gordon. The directors had legal advice that the company could continue to draw down a $200 million loan facility…
Euro-area finance ministers meeting in Luxembourg will seek to close a key chapter in Greeces bailout drama on Thursday, unlocking aid needed to end months of uncertainty while stopping short of a definitive deal to ease the countrys debt load. Get the latest on global politics in your inbox, every day. Get our newsletter daily.…
By Associated Press Published: 19:35 +10:00, 15 June 2017 | Updated: 19:46 +10:00, 15 June 2017 e-mail LUXEMBOURG (AP) – Greece is hoping to secure more bailout funds to meet a summer debt repayment hump as well as a debt relief deal at a meeting of finance ministers from the 19-country eurozone. The country, which…
By Mike Smith Failure to recognise the warning signs of insolvency could leave you personally liable for company debts, so its essential you know what to look for. If theres one worry that plagues business owners above all else, it has to be insolvency. Small businesses, even those that are seemingly profitable and successful, are…
The model who married the son of the world’s richest black woman in a £5m fairytale wedding at Blenheim Palace was raised on a Manchester council estate by a mum once declared bankrupt, it has emerged. Iranian Nazanin Jafarian Ghaissarifar tied the knot with Folarin Alakija, one of four sons to 66-year-old oil tycoon Folorunsho…
Greece is hoping to secure more bailout funds to meet a summer debt repayment hump as well as a debt relief deal at a meeting of finance ministers from the 19-country eurozone. The country, which has been promised help on its mountain of debt once its bailout ends next year, is again the main topic…
U.S. enforcement agencies the Consumer Financial Protection Bureau and the Federal Trade Commission in recent years have closed only seven companies that lured consumers with rosy promises to reduce or forgive student loan debt. But more than 130 student loan debt relief businesses operating during the period had records of questionable or illegal behavior, according…
LONDON Deutsche Bank is creating a new capital markets division as part of a restructuring of its investment banking division, Bloomberg News reported. CEO John Cryan outlined new responsibilities for corporate and investment banking co-heads Garth Ritchie and Marcus Schenk, according to an internal email reported by Bloomberg. Schenk will oversee client relationships while Ritchie…
The directors and staff of a group of companies allegedly involved in a massive tax evasion scheme might also have committed countless other criminal offences, according to a report tendered in the Federal Court. Key points: Report details huge list of alleged criminal offences undertaken by a group under investigation for tax fraud According…
LONDON Deutsche Bank is creating a new capital markets division as part of a restructuring of its investment banking division, Bloomberg News reported. CEO John Cryan outlined new responsibilities for corporate and investment banking co-heads Garth Ritchie and Marcus Schenk, according to an internal email reported by Bloomberg. Schenk will oversee client relationships while Ritchie…