Search Results for: Swiss franc
BaFin plans to limit CFD trading
December 9th, 2016
Following the proposal by FCA UK for limiting leverage on Forex and CFDs, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has issued an announcement to inform that the Authority intends to limit the marketing, distribution ...
Three major Banks fined €485 million for Euribor fix cartel
December 7th, 2016
The European Commission has fined Crédit Agricole, HSBC and JPMorgan Chase, a total of € 485 million for participating in a cartel in euro interest rate derivatives. The banks colluded on euro interest rate derivative pricing elements, and exchanged ...
Credit Suisse Faces Tax Probe Over Undeclared Accounts
November 22nd, 2016
U.S. asks why bank didn’t reveal ‘toxic’ assets, people say Bank paid record fine in 2014 for helping Americans skirt IRS When Credit Suisse AG pleaded guilty in 2014 to helping Americans cheat on their taxes, it promised to help the ...
Dollar rides Trump rally, hovers near 3-1/2-month high vs. yen
November 11th, 2016
The dollar hovered near a 3-1/2-month high versus the yen on Friday, after making big gains overnight as the markets prepared for a Donald Trump presidency that could stimulate the U.S. economy fiscally and lift interest rates. The U.S. ...
Global Markets Rocked as Traders See Likelihood of Trump Victory
November 9th, 2016
S&P 500 futures tumble by 5% limit as Mexican peso plunges Gold jump by most since 2009, surging with yen, Treasuries Global markets were thrown into disarray as results from the U.S. election indicated that Donald Trump may prevail ...
FXCM Inc. announces Third Quarter 2016 Results
November 8th, 2016
FXCM has issued an announcement to publish Third Quarter 2016 Results. Releases October 2016 Customer Trading Metrics Third Quarter 2016 Highlights: U.S. GAAP net revenues from continuing operations of $61.4 million U.S. GAAP net loss attributable to FXCM Inc. ...
Asian Stocks Rise With Won, Mexican Peso on U.S. Election Day
November 8th, 2016
S&P 500 futures slip after gauge snaps nine-day losing streak Industrial metals reverse gains as gold edges higher Asian equities rose with South Korea’s won and the Mexican peso as Americans prepare to vote in their presidential election with ...
No matter who wins US Election markets are betting on one truly safe investment
November 7th, 2016
No matter who wins the race for the White House, markets are betting on one truly safe investment, and that is the currency of a country with bleak economic prospects – Japan. Markets had long been pricing in a ...
UBS to cut several dozen wealth management jobs: sources
November 2nd, 2016
UBS will cut several dozen jobs at part of its private bank, three sources familiar with the matter told Reuters, part of a previously announced organizational restructure. The Swiss bank told staff in May it was rejigging its flagship ...
Asia Stocks Drop With Mexican Peso as Election Angst Boosts Gold
November 2nd, 2016
Havens buoyed after poll shows Trump edging ahead of Clinton Kiwi climbs after jobs data damps outlook for more rate cuts A global equities selloff deepened in Asian trading and Mexico’s peso weakened as polls indicated a tightening race ...
