UBS Wealth Management voted best global private bank; revenue outlook dimmer this year; asset management competition heats up. In Euromoney’s 13th annual private banking survey for 2016, UBS Wealth ... Read More
The global recovery has weakened further amid increasing financial turbulence and falling asset prices. Activity softened towards the end of 2015 and the valuation of risky assets has dropped sharply, ... Read More
Banking giant HSBC is set to keep its headquarters in London, ending months of speculation that it could move abroad. The company’s 23-year stay in the capital will continue ... Read More
Europe’s consumers are facing a 20 per cent rise in the price of olive oil after bad weather and disease devastated the continent’s olive harvest. Olive farmers in Spain ... Read More
Iran has shipped crude oil to Europe for the first time in five years just a month after world powers lifted sanctions on Tehran in step with the landmark ... Read More
For banks, the recent news is pretty grim. But it’s about to get much worse, based on the following: Yield Curve Flattens: Now 10-Year Yields ... Read More
Employers’ organisation reduces forecast for GDP increases in 2016 and 2017 to 2.3% and 2.1% respectively Britain’s leading employers’ organisation, the Confederation of British Industry, has warned that the ... Read More
New York bank closes bet on dollar strength versus euro, yen Divergent-rates policy still favors greenback, Himmelberg says Goldman Sachs to clients: whoops. Just six weeks into 2016, the New ... Read More
The crown prince and PM Modi will have a private meeting on Thursday before bilateral delegation-level talks that are likely to see inking of several agreements Abu Dhabi’s Crown ... Read More
Twitter shares fell Wednesday after-hours as the company revealed that its user numbers had declined sequentially. The company reported fourth quarter earnings of 16 cents per share on $710 ... Read More
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