Search Results for: UBS AG
12 Ways The Economy Is Already In Worse Shape Than It Was During The Depths Of The Last Recession
July 22nd, 2015
Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008? When I write about an “economic collapse”, most people think of a ...
A profound change for China’s SOEs
July 22nd, 2015
The rapid rise of China’s outbound direct investment in the past decade is a significant economic phenomenon, one met with a lot of resistance in some destination countries, particularly due to the abundance of state-owned enterprises. But despite concerns over ...
‘Brexit’ fears haunt London’s roaring trade in euros
July 22nd, 2015
If there is a symbol of British ambivalence to Europe then it may be the euro itself. The capital of euro trading prospers outside the euro zone, but London’s dominance of the $5.3 trillion-a-day foreign exchange market could wane if ...
Citibank to refund $700 million to credit card customers for unfair and deceptive practices
July 22nd, 2015
Citibank, N.A. and some of its subsidiaries is ordered to refund approximately $700 million to customers for unfair and deceptive credit card practices. This includes unfairly billing consumers for credit card add-on products, deceptively marketing those products, and deceptive collection ...
Barclays close to settling with the Serious Fraud Office over ‘bribes to Qatar’ claims
July 22nd, 2015
Barclays is moving closer to striking a deal with Britain’s fraud squad to settle allegations it paid bribes to Qatar to secure a bailout during the financial crisis, writes Peter Campbell. The Serious Fraud Office wrote to the scandal-dogged ...
UAE Releases FATCA Guidance, Registration Form
July 22nd, 2015
The Finance Ministry of the United Arab Emirates has released US Foreign Account Tax Compliance Act guidance notes and the registration form for entities to access the FATCA reporting portal. FATCA, enacted by the US Congress in 2010, is ...
JPMorgan $12.5 Billion Short in Fed Systemic-Risk Charges
July 21st, 2015
JPMorgan Chase & Co. still has a shortfall of as much as $12.5 billion in meeting capital rules approved by the Federal Reserve on Monday. The Fed assigned capital charges totaling more than $200 billion for eight of the ...
Investors Flee Commodities
July 21st, 2015
The prices of raw materials from oil and gold to copper, cotton and sugar tumbled, underscoring an increasing aversion to commodity investments as the Federal Reserve prepares to raise interest rates for the first time in nearly a decade. ...
U.S. Labor Department fiduciary rule to cost brokers $5.8bln -SIFMA
July 21st, 2015
A proposal by the Department of Labor to rein in conflicts by brokers who offer retirement advice may cost U.S. securities firms more than $5.8 billion, making it harder for Americans to build nest eggs, the Securities Industry and ...
Waters Rankings 2015 — All the Winners – Technology Providers
July 20th, 2015
At a luncheon held on July 16 at New York’s tony Metropolitan Club, the winners of the 2015 Waters Rankings were revealed As has become summer tradition, end users representing a large swath of the capital markets cast thousands ...
