Search Results for: UBS Group
Record Europe Dividends Keep $3 Trillion From Factories
April 10th, 2014
Given the choice between investing in their businesses or paying off shareholders, European chief executive officers are choosing the latter. Companies of the benchmark Stoxx Europe 600 Index will pay 11.54 euros a share in dividends this year, the ...
Barclays Settles U.K. Libor Case Weeks Before Trial to Start
April 8th, 2014
Barclays Plc (BARC) settled the first U.K. lawsuit filed over allegations the bank manipulated Libor, weeks before the trial was scheduled to start. Barclays agreed to restructure the debt of Graiseley Properties Ltd., which filed the lawsuit, as part ...
Dashed Ikea Dreams Show Decades Lost to Bribery in Ukraine
March 31st, 2014
Almost half of Ukrainians say they desire Ikea products more than any other global brand, yet the largest home-furnishings retailer hasn’t been able to crack the market in a decade of trying. The reason: it won’t pay a bribe. ...
UK’s banks pay 71% of profits in tax
March 28th, 2014
THE UK’S LARGEST BANKS paid an effective tax rate of 71.3% of their profits to HM Revenue & Customs in 2013, according to research conducted by KPMG. KPMG’s study examined several key metrics in the published results of the ...
European Stocks Fall After Two-Day Rally; H&M, RBS Drop
March 27th, 2014
European shares fell, halting a two-day rally, on concern that the crisis in Ukraine may escalate. U.S. stock-index futures and Asian shares rose. Hennes & Mauritz AB fell 2.9 percent after reporting quarterly profit that missed analysts’ estimates. Royal ...
SEC Probes Threat From Cyber Attacks Against Wall Street
March 27th, 2014
The U.S. Securities and Exchange Commission is examining the exposure of stock exchanges, brokerages and other Wall Street firms to cyber-attacks that have been called a threat to financial stability. The SEC held a roundtable discussion of those risks ...
Why Companies Suffer Large, Unexpected Credit Losses
March 26th, 2014
For companies that sell business-to-business products and services, many things can contribute to a company incurring a loss from a bad debt. The most important factor is probably the quality of the organization’s finance and credit management process. But ...
U.K. Treasury Raises 4.2 Billion Pounds in Lloyds Share Sale
March 26th, 2014
The U.K. government sold a 4.2 billion-pound ($6.95 billion) stake in Lloyds Banking Group Plc (LLOY), its second disposal since rescuing the lender in the financial crisis. The government sold the shares to money managers for 75.5 pence apiece, ...
Disney to buy YouTube network Maker Studios for $500 million
March 26th, 2014
The Walt Disney Co has agreed to buy Maker Studios, one of YouTube’s largest networks, for $500 million, a deal that makes Disney a major online video distributor and should help draw more teens into the Disney entertainment empire. ...
Billionaire Sought by U.S. Holds Key to Putin Gas Cash
March 24th, 2014
A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle. Ukrainian Dmitry Firtash, arrested in Vienna ...
