Search Results for: UBS AG
SEC Charges 11 Bank Officers and Directors With Fraud
January 14th, 2016
The Securities and Exchange Commission today announced fraud charges against 11 former executives and board members at Superior Bank and its holding company involved in various schemes to conceal the extent of loan losses as the bank was faltering ...
Pound Slumps as BOE Rate-Rise Expectations Recede
January 14th, 2016
China-linked market turmoil has made Bank of England rate increase less likely, investors say The British pound tumbled to a more than 5½-year low this week, as concerns about China help push back expectations of a long-anticipated interest-rate increase ...
Multipolarity: The Next Step After Globalization?
January 14th, 2016
The world economy during the last few decades has experienced “globalization,” a broad and admittedly vague term which refers among other factors to a rise in the ratio of world exports to world GDP, as well as the pattern ...
Six former brokers acted as ‘well-oiled machine’, Libor trial hears
January 14th, 2016
Defendants conspired with convicted trader Tom Hayes to manipulate inter-bank lending rate, prosecution tells court Six former brokers acted as a “well-oiled machine” to assist convicted trader Tom Hayes to rig Libor interest rates, a court has heard. Summing ...
IBM First in Patents for 23rd Consecutive Year
January 13th, 2016
Thousands of Cognitive Computing and Cloud Platform Patents Dominate List, Reflect Momentum Behind Company’s Growth Initiatives IBM (NYSE: IBM) today announced that it has once again topped the list of annual U.S. patent recipients, receiving 7,355 patents in 2015, marking ...
BGC Partners Completes Full Merger with GFI Group
January 13th, 2016
Public Shareholders to Receive $6.10 per GFI Share in Cash BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC,” or the “Company,”) a leading global brokerage company servicing the financial and real estate markets, today announced that it has completed ...
Deloitte predicts technology trends for 2016
January 13th, 2016
Mobile touch commerce usage to increase by 150 percent globally, to 50 million in 2016 18 to 24 year-olds will be the biggest PC users this year The technology, media and telecommunications (TMT) practice at Deloitte, the business advisory ...
Barclays partners with SWIFT to enhance service quality for corporate clients
January 13th, 2016
Barclays selects SWIFT India to reduce complexity and risk for its corporate clients SWIFT India announced today that Barclays has selected it as a channel for payments, cash management, trade finance and treasury transactions for their corporate customers. Eleven ...
2016: year of corporate tax reform and fiscal transparency, Moscovici tells MEPs
January 13th, 2016
2016 should be the year of corporate tax reform and fiscal transparency, tax Commissioner Pierre Moscovici told MEPs from the Special Committee on Tax Rulings and the Economic and Monetary Affairs Committee at a hearing on Monday evening. “We ...
IASB shines light on leases by bringing them onto the balance sheet
January 13th, 2016
The International Accounting Standards Board® (the Board) today issued a new accounting Standard, called IFRS 16 Leases. It replaces accounting requirements introduced more than 30 years ago that are no longer considered fit for purpose and is a major revision of ...
