KTT Transfers (Key Tested Telex)
KTT (Key tested telex) is what banks used to use to transfer and receive funds before the SWIFT system. It is an older form of wire transfer of funds which used a telex machine (instead of the modern digital data transfer) messages ...
The Enrons of The East
Hermitage Capital Management, an international investment firm owned by HSBC London, is suing PwC (PricewaterhouseCoopers), the biggest among the big four accounting firms (Andersen, the fifth, is being cannibalized by its competitors).
By Sam...
