Search Results for: UBS AG
IMF lowers Gulf economic growth forecast with ‘substantial measures needed’
April 25th, 2016
Growth in the Arabian Gulf will slow to 1.8 per cent this year as low oil prices take their toll on budgets, which will lose $140 billion in export revenue this year, the IMF said today. The growth forecast ...
Tradovate Launches as First Futures Brokerage with Commission-Free Membership Pricing
April 19th, 2016
Tradovate, LLC, a new online brokerage firm for active, self-directed futures traders, announced today that the firm is now launched and accepting business. Tradovate is the first futures brokerage firm to offer flat-rate membership fees, dispensing with the industry-standard ...
Emerging Currencies Halt Rally as Singapore Flags Growth Risks
April 14th, 2016
Malaysian ringgit leads declines after Singapore eases policy Won sinks on Korean election shock as dollar extends advance Emerging-market currencies fell for the first time in six days as Singapore surprised markets by easing monetary policy, spurring speculation other ...
Christine Lagarde: IMF chief says ‘we are on alert’ when assessing risks to global growth
April 6th, 2016
International Monetary Fund Managing Director Christine Lagarde amped up calls for stronger action by world’s economies to boost growth, warning that downside risks were increasing without decisive action. In a speech at Goethe University of Frankfurt on 5 April, ...
SFAT affirms SFC decision to reprimand and fine Moody’s over Red Flags Report
April 6th, 2016
The Securities and Futures Commission (SFC) has reprimanded Moody’s Investors Service Hong Kong Limited (Moody’s) and fined it $11 million for various failures relating to its preparation and publication of the special comment report entitled “Red Flags for Emerging-Market ...
Can A Divided OPEC Agree On Anything In Doha?
April 6th, 2016
Only two weeks remain until the fated meeting between the OPEC countries and their counterparts from outside the organization, scheduled to take place in the Qatari capital of Doha on the coast of the Persian Gulf. The meeting could ...
U.S. court orders UBS to pay $4.7 mln in Puerto Rico divorce flap
April 5th, 2016
A UBS AG unit must pay more than $4.7 million to a customer’s former spouse who alleged that the firm improperly released accounts worth $12 million to her ex-husband despite a court order freezing those assets, a U.S. federal ...
UBS, HSBC Offshore Dealings Thrust Into Panama Papers Spotlight
April 5th, 2016
Report describes UBS’s dealings with law firm Mossack Fonseca Both banks say they comply with laws for vetting customers UBS Group AG and HSBC Holdings Plc — two of the banks hardest hit amid a U.S. crackdown on customers’ illicit ...
Nasdaq readies ‘Ocean’ dark pool for banks and brokerages
April 4th, 2016
Nasdaq Inc is in negotiations with several brokers to host and run their private stock trading venues, or dark pools, within its data center, two of the exchange operator’s executives said on Thursday. There are nearly 40 of the ...
Robert Kiyosaki And Harry Dent Warn That Financial Armageddon Is Imminent
March 31st, 2016
Financial experts Robert Kiyosaki and Harry Dent are both warning that the next major economic crash is in our very near future. Dent is projecting that the Dow will fall to “5,500 to 6,000 by late 2017″, and Kiyosaki ...
