Stephen Hicks and his Ridgefield, CT hedge fund, Southridge Capital, were sued yesterday for multiple securities violations by the SEC and the Connecticut Banking Commissioner in Connecticut state and federal courts.
FORBES: Southridge Hedgie Hicks Shrugs Off Regulators Investor Fraud Suits
Normally, because of fractional reserve banking, this would lead to a further multiple expansion of bank deposits and the money supply.
Market leader Qualcomm continued its dominance of the market with a 48% revenue share, banking on its early LTE leadership to register multiple high-end integrated design wins this year.
FORBES: Qualcomm Still Dominates The App Processor Market But EM Peers Are Creeping
"A company with multiple businesses loses focus, " said Richard Bove, a banking analyst at Punk Ziegel.
It also means that Islamic banking needs to be full-reserve banking--Western banks typically loan out a multiple of the amount of money they have on hand, or in reserve.
The U.S. market will also get a crack at reacting to news that UBS is preparing to ax multiple business lines and lay off 10, 000 in its investment banking division.
FORBES: Hurricane Sandy Turns Facebook Lockup, UBS Layoffs Into Afterthoughts
Mobile phones are in effect handheld and connected computers and hold great potential in this role, since businesses in promising areas such as payments and banking, healthcare, and entertainment require combining the services of multiple providers.
On May 18, 2012, multiple federal financial regulators held a general briefing for Senate staff, hosted by the Senate Banking Committee, regarding issues related to the CIO losses.
FORBES: No Accounting For Auditor PwC At Levin's Whale Hearing
Paul, Minnesota, man has three online banking accounts, a PayPal account, domain names, Web-hosting accounts, multiple e-mail addresses and many social-networking accounts.
Bidwell scrutinized seven years of employee data, from 2003-2009, from the U.S. investment banking unit of a financial services firm, which included information on 5, 300 employees in multiple jobs, from traders and research analysts to support staff.
FORBES: Why Promoting From Within Usually Beats Hiring From Outside
应用推荐