Search Results for: UBS AG
Metro Bank grows 118% in 2014
January 22nd, 2015
Deposits increase to £2,867 million; representing year on year growth of 118% Total loans grow to £1,597 million, a year on year increase of 112% Loans to business customers make up almost half of total lending Metro Bank, the ...
Accounting firms: Small practitioners pick apart KPMG’s SME move
January 22nd, 2015
A torrent of defiance and disbelief has been unleashed by accountancy practices across the UK after KPMG‘s recent vow to disrupt and dominate the SME market by telling small businesses “you can pay us the same as your current accountant, ...
Forget Switzerland: These banks will be hit by SNB shock
January 20th, 2015
Switzerland’s shock scrapping of its currency cap could knock Swiss bank earnings by 10-15 percent, but financial firms in nearby central and eastern European countries could be worse affected, Pimco’s head of financial research told CNBC on Tuesday. “I ...
World Economic Outlook (WEO) UPDATE
January 20th, 2015
Cross Currents Global growth will receive a boost from lower oil prices, which reflect to an important extent higher supply. But this boost is projected to be more than offset by negative factors, including investment weakness as adjustment ...
FXCM Provides Further Details on Financing With Leucadia National Corporation
January 20th, 2015
Further to the announcement that Leucadia is investing $300 million in cash into FXCM, the leading online provider of foreign exchange issued a stattement with further details on the financing. Read also the announcement Leucadia is investing $300 million in cash ...
Admiral Markets update on Trading Instruments
January 20th, 2015
Admiral Markets issued a press release regarding: Currency pairs with the Swiss Franc have been made available for trading, however, the highest leverage on these instruments has been decreased to 1:50 in accordance with the extreme tightening of margin ...
Saxo Bank fulfils its regulatory capital requirements
January 20th, 2015
With a press release, Saxo Bank would like to inform that: In light of the recent volatile Swiss Franc currency movements, Saxo Bank and its subsidiaries are well positioned financially to conduct our on-going businesses globally. Saxo Bank A/S ...
IAASB Issues Final Standards to Improve Auditor’s Report
January 19th, 2015
New and Revised Standards Establish ‘Step Change’ in Auditor Reporting The International Auditing and Assurance Standards Board® (IAASB®) today released its new and revised Auditor Reporting standards, designed to significantly enhance auditor’s reports for investors and other users of ...
Why the Swiss unpegged the franc
January 19th, 2015
In the world of central banking, slow and predictable decisions are the aim. So on January 15th, when the Swiss National Bank (SNB) suddenly announced that it would no longer hold the Swiss franc at a fixed exchange rate ...
AForex on EUR/CHF Crash
January 19th, 2015
AForex released that its clients are protected. Despite the all time record fall of EUR/CHF on January 15th, 2015, most of our clients were able to secure their funds from substantial losses, thanks to prompt company’s decision to reduce ...