Madoff’s UK directors sued for $80m

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald whatsapp THE legal battle over the collapse of Bernard Madoff’s $50bn (£31bn) Ponzi scheme moved to London last night when liquidators of the fraudster’s empire named all the directors of the London subsidiary in a new lawsuit. The complaint against Madoff’s London branch – Madoff Securities International Ltd (MSIL), seeks $80m and names as defendants former MSIL directors: Madoff’s brother Peter, Madoff’s sons Mark and Andrew, Stephen Raven, Leon Flax, Christopher Dale, Philip Toop and Malcolm Stevenson. Raven was lead director. The suit alleges that MSIL was established to conceal lack of actual trading by Madoff’s business. Meanwhile, trustees seeking to recoup money from Bernard Madoff’s Ponzi scheme have upped their claim against UBS to $2.5bn. In court papers, trustee Irving Picard claimed the Swiss bank “capitalised on the Ponzi scheme in the face of clear indications of fraud”.UBS denies any wrongdoing, saying it will “take all appropriate steps to demonstrate that the allegations are false and unfounded”. whatsapp Show Comments ▼ Sharecenter_img Madoff’s UK directors sued for $80m Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof Tags: NULL Wednesday 8 December 2010 8:39 pm KCS-content last_img read more

Sorrell: mobile is the future

first_img Share Sorrell: mobile is the future KCS-content whatsapp whatsapp Tags: NULLcenter_img Sunday 9 January 2011 10:17 pm ADVERTISING boss Martin Sorrell has told the Consumer Electronics Show in Las Vegas that mobile advertising has become the most important trend in the industry.The WPP chief executive said traditional advertising such as TV had fared well this year as brands increase their spending in the wake of the recession.However he pointed to the exponential growth of internet-enabled mobile phones as key to the industry’s future.He said: “Mobile is the cheapest form of access to the internet.“Over 600m people use China Mobile and 500m are on some Indian networks.“While the PC is not non-existent yet, it is a small proportion [of what agencies will be doing online].”He also warned that advertising agencies must become more tech-savvy if they are to offer a viable service to their clients.“We need to understand how the pipes work at the companies we are working with.“Our industry has moved away from the Mad Men stereotype to the application of technology.“We used to perform three fundamental tasks: work with our clients to develop strategy, execute the strategy and distribute it.“While we still perform these functions we are now far more focused on the application of technology and how we can use it to interact with clients and their customers.”And said he expects innovation to shift from America and Western Europe to emerging countries over the next five years, with India, Brazil and China leading the charge.“This year’s CES was more about incremental change – more over-the-top TVs and more tablets.“I think this will continue. But the major change over the next five years will be geographical. The next big innovations could be coming from Bangalore, Sau Paolo or Beijing – the world is changing dramatically and they will be the big players.” Show Comments ▼ More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionlast_img read more

SPOT THE BALL FIRM HUNTS MISSING MONEY

first_img SPOT THE BALL FIRM HUNTS MISSING MONEY KCS-content Tuesday 11 January 2011 8:04 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was Famous, Now She Works In {State}MoneyPailNight DailyHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeNight DailyBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco RelishMoney VersedWoman Shares The 5 Words She Said That Left Her Boyfriend In AweMoney VersedElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldNews SharperGrab A Tissue Before You See Richard Simmons At 72News Sharper SPORTECH has lodged an appeal over its claim for over £40m in VAT repayment. The firm submitted a claim in April 2009 for the repayment of VAT overpaid in respect of the “Spot the Ball” game from 1979 to 1996.Sportech claims the VAT was paid in error and should be repaid, possibly with interest. Last month HMRC rejected the initial claim. whatsapp Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrapcenter_img Share whatsapp Show Comments ▼ Tags: NULLlast_img read more

Fund managers sweep for bugs

first_imgMonday 21 February 2011 8:55 pm HEDGE fund managers have turned to private security firms to shore up their offices and homes amid fears bugs could have revealed insider-trading practices, according to reports.The development comes after federal prosecutors in New York filed criminal charges against more than 40 traders over alleged shared information about company information.Many firms have sought peace of mind by having their offices swept for listening devices as the government cracks down. The government is focusing on insider trading allegedly done using ‘expert networks’. Show Comments ▼ whatsapp Fund managers sweep for bugs whatsapp KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Share Tags: NULLlast_img read more

Record revenue at Allianz despite catastrophe costs

first_img Record revenue at Allianz despite catastrophe costs Tags: NULL Share whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads whatsappcenter_img Thursday 24 February 2011 8:43 pm Show Comments ▼ INSURANCE giant Allianz posted a 22.4 per cent jump in net income for the year yesterday, although analysts grumbled that the 9.8 per cent dividend hike was not enough. Revenues rose 9.3 per cent to an all-time high of €106.5bn (£91.1bn) with strong sales in the UK and South America outweighing a drag from the US, France and Germany. The impact of natural catastrophes including storms and earthquakes tripled in 2010 to €1.3bn for the German firm.“Uncertainty factors will continue to be significant: volatility in the financial markets, indebtedness of government budgets, concerns about inflation,” chief executive Michael Diekmann said.The dividend rise to €4.50 was below consensus estimates. “I think there had been some expectation that if they had a good end to the year maybe they could do a little bit more,” said Collins Stewart analyst Ben Cohen. Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap KCS-content last_img read more

Middle Britain set for big drop in retirement income

first_img MIDDLE earners face a severe financial squeeze in their retirement, raising the spectre of future political unrest, the think tank Chatham House warned today.Retirement income could plummet by almost 60 per cent from pre-retirement income for middle income (£18,000 — £44,000 yearly) households.“The UK has a distinct problem with middle income earners who are failing to save enough and are likely to find the drop in income during retirement unexpected and unacceptable,” said Paola Subacchi, one of the authors of the report.Chatham House reports if middle income households save about 10 per cent of their earnings after the age of 45, they could boost their wealth upon retirement by as much as 25 per cent.However, the UK faces milder problems than France and Germany, “in which the state is committed to generous pensions for an ageing population,” Subacchi added. Wednesday 9 March 2011 7:50 pm whatsapp KCS-content Show Comments ▼ whatsapp Share Middle Britain set for big drop in retirement income Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Tags: NULLlast_img read more

WHAT THE OTHER PAPERS SAY THIS MORNING

first_img More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com KCS-content FINANCIAL TIMESLSE TO RING CHANGES WITH OPENING BELL REVIVALThe London Stock Exchange , whose trading pits disappeared 25 years ago, is reviving the buzz of the opening bell by recreating the ritual in its lobby. Construction starts today on a facility at LSE headquarters, next to St Paul’s Cathedral, that will probably feature an electronic bell and flashing ticker screens.ROLLS-ROYCE TEAMS UP WITH AREVARolls-Royce is to become a strategic partner on France’s new third generation nuclear reactor under an agreement set to be signed on Friday between the aero-engine maker and Areva, the French nuclear group. The deal will allow Rolls-Royce to take part in France’s push to dominate the global nuclear market with its new heavy-duty, 1600MW EPR reactor. Areva’s ambition is to have one third of the global market for new reactors by 2020.TSE LOOKS AT JOINING FORCES WITH OSAKA EXCHANGEThe Tokyo and Osaka stock exchanges, Japan’s two largest exchange groups, plan to meet this month to discuss a merger, amid a heated climate of global consolidation in the industry.VW OFF TO A SLOW START WITH SUZUKIVolkswagen has admitted that its year-old partnership with Suzuki has so far yielded no results, and blamed cultural differences and slow decision making at the Japanese carmaker for the delays. The revelation, made by VW’s chief executive Martin Winterkorn yesterday, exposed how Europe’s top-selling carmaker has hit snags in its aim to gain a foothold in the fast-growing Asian small-car segment – the main reason for buying around 20 per cent of Suzuki.THE TIMESGSK SET TO LAUNCH FIRST LUPUS DRUG FOR 50 YEARSGlaxoSmithKline will launch its first blockbuster drug for more than a decade after a new medicine for lupus was approved by US authorities. Benlysta, the first treatment for the auto-immune disease to become available for more than 50 years, has the potential to bring in more than $3bn in annual sales by 2015 for GSK and its partner Human Genome Sciences, analysts said. IN AN AGE OF AUSTERITY, WHAT PRICE THE CORPORATE JOLLY?Corporate entertainment is back and the most profligate spenders are once again those who work in finance. A new survey on expenses last year shows entertainment is the only category in which we are spending more. An average entertainment claim rose from £85 in 2009 to £93.86 in 2010.The Daily TelegraphROVIO RAISES $42M FROM FACEBOOK BACKERS TO MAKE MORE “ANGRY BIRDS”The creators of Angry Birds, the phenomenally successful iPhone game in which players catapult animated birds into hard hat-wearing pigs, has raised $42m (£26m) to expand overseas and create new games. Rovio has secured cash from Accel Partners.ICAEW: DON’T RUSH GROWTH MEASURESAccountants fear that the Chancellor will propose headline grabbing growth policies in the forthcoming Budget with “no consideration” for their long term affect on the economy. In a letter to George Osborne, the Institute of Chartered Accountants in England and Wales (ICAEW) called for “concrete proposals for long-term growth in the forthcoming Budget – but not at any cost”.THE STREET JOURNALGM FINANCE CHIEF LIDDELL RESIGNSGeneral Motors finance chief Chris Liddell, who often clashed with other executives at the auto maker but won plaudits for rebuilding its troubled finance department, is leaving after just 14 months on the job. Liddell’s departure clears the way for Chief Executive Daniel Akerson and other executives to pursue strategies, such as an effort to rebuild an in-house finance arm, undeterred by Liddell’s dissention.YOUTUBE TO BOOST STAFF BY 30PC THIS YEARYouTube plans to increase staffing by more than 30 per cent this year as the Google video-sharing service rapidly expands around the world. In a blog post, YouTube said the hiring plans are the biggest in its six-year history. YouTube said it is looking for “top talent from around the world.” Thursday 10 March 2011 8:50 pm whatsapp WHAT THE OTHER PAPERS SAY THIS MORNING whatsapp Show Comments ▼ Share Tags: NULLlast_img read more

Vodafone may have to settle for £6bn for stake in French joint venture SFR

first_img Vodafone may have to settle for £6bn for stake in French joint venture SFR Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap whatsapp VODAFONE may receive far less than it had hoped for its stake in its French joint venture, sending its shares down two per cent yesterday.It is in talks with Vivendi over the sale of its 44 per cent stake in SFR but it is understood the French firm is only willing to pay £6bn. Vodafone had hoped for closer to £7bn for the asset, which it is purging as part of its strategy to offload non-core assets.Vodafone chief executive Vittorio Colao has said he will not be forced into making the sale and several analysts said although they did not think that £6bn was an unfair price, they thought that Vodafone could wait to see if the price improves.A crucial part of the deal will be whether Vodafone and Vivendi can agree a long-term roaming deal which would allow Vodafone customers to access the SFR network in the future.In November Vodafone sold its £3.1bn stake in Japanese carrier SoftBank. Earlier last year it confirmed the £4.3bn sale of its interests in China Mobile. Other non-core ventures likely to be disposed of soon include Vodafone’s 25 per cent stake in Poland’s Polkomtel.A final decision on its large minority stake in US-based Verizon Wireless is not expected until 2012 but analysts expect Vodafone to maintain its interests after indications dividend payments will resume later this year.Vodafone’s shares closed 1.8 per cent lower yesterday at 175.74p. KCS-content whatsapp Tags: NULL Monday 14 March 2011 8:36 pm Sharelast_img read more

iGaming Dashboard – February 2019

first_img Tags: Card Rooms and Poker Online Gambling Bingo 5th February 2019 | By Joanne Christie Projections now extend to 2023 and include post-PASPA US sports betting and April 2018 IMF GDP forecasts iGaming Dashboard – February 2019 AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter H2 Gambling Capital and iGaming Business are pleased to bring you the February 2019 iGaming Dashboard.The iGaming Dashboard is your monthly overview of the igaming sector in numbers and enables you to follow the evolution of the market.The numbers have recently been updated to include April 2018 IMF GDP forecasts, an extension of the date range to 2023 and US sports betting.We have also recently added the pre-match vs. in-play split for global sports betting GGR.The graphs show how total global gambling gross win for igaming will evolve between now and 2023, while geographical breakdowns provide an overview of revenue levels for key regions around the world.The vertical breakdown shows how much different product segments generate.The term “white market” is used to describe taxed or fully legitimate markets, including the UK and any other market that is in transition.H2 Gambling Capital is the gambling industry’s leading consulting, market intelligence and data team. The company has a track record of 15 years focused on the global gambling industry, its projections have been influential in shaping legislators’  and investors’ views of the gambling sector across the globe. Topics: Casino & games Finance Lottery Sports betting Bingo Poker Subscribe to the iGaming newsletter Regions: Africa Asia Europe LATAM US North Africa & Middle East Email Addresslast_img read more

The One Armed Bandit by Yggdrasil

first_img Companies: Yggdrasil Topics: Casino & games Slots There’s a new sheriff in town and he’s got a wild case on his hands – a group of gun-toting desperados rode into town.Players team up with our bounty hunter in The One Armed Bandit where each Scatter is a captured gang member, awarding the price for their heads and Respins with a possible x5 Multiplier Wilds.A scatter on all reels kick starts the ultimate showdown in Free Spins Mode, bringing a progressive multiplier that can climb up to killer x20! AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The One Armed Bandit by Yggdrasil Casino & gamescenter_img Subscribe to the iGaming newsletter Email Address There’s a new sheriff in town and he’s got a wild case on his hands – a group of gun-toting desperados rode into town. Players team up with our bounty hunter in The One Armed Bandit where each Scatter is a captured gang member, awarding the price for their heads and Respins with a possible x5 Multiplier Wilds.  23rd July 2019 | By Aaron Noylast_img read more