Search Results for: UBS AG
Is Better Communication Longer and More Complex?
November 4th, 2014
Twenty years ago, when the Federal Reserve Open Market Committee wanted to change interest rates, it didn’t make any announcement. It just took action, and market participants observe those actions. Mark Wynne of the Federal Reserve Bank of Dallas ...
Jury acquits ex-Swiss banker in tax-dodging case
November 4th, 2014
Raoul Weil acquitted of charges he helped wealthy Americans to hide $20B from the IRS. A federal jury acquitted a former top Swiss banking executive of U.S. charges that he conspired with wealthy Americans to hide $20 billion in ...
Merkel Toughens Position on Britain’s E.U. Demands
November 4th, 2014
Prime Minister David Cameron of Britain, under mounting pressure from anti-European populists, continued to insist on new measures limiting the right of Europeans to live and work there. Chancellor Angela Merkel of Germany has indicated that she is prepared ...
Gulf economies edge toward reform as oil price slides
November 3rd, 2014
When Kuwait’s government said last month that it planned to raise domestic prices of diesel fuel and kerosene, some angry Kuwaitis took to Twitter to denounce the move as unfair. The austerity measures are small compared to the tens ...
RBS Leans Towards Naming EY As New Auditor
October 31st, 2014
Royal Bank of Scotland (RBS) is leaning towards appointing the smallest of the big four accountancy firms as its new auditor, a move that would spell the end of its relationship with Fred Goodwin’s erstwhile employer. RBS is closing ...
MintPal Vows to Fight Former Moolah CEO in Court
October 31st, 2014
The owners of the troubled digital currency exchange MintPal are moving to take legal action against former Moopay LTD CEO Alex Green. Green, who was once known as Ryan Kennedy, is accused of stealing as much as 4,000 BTC ...
How Will The Stock Market React To The End Of Quantitative Easing?
October 31st, 2014
It is widely expected that the Federal Reserve is going to announce the end of quantitative easing this week. Will this represent a major turning point for the stock market? As you will see below, since 2008 stocks have ...
Oikonomia, Revisited
October 31st, 2014
My knowledge of ancient Greek is not significantly different from zero, but every student of economics at some point runs into oikonomia, the root word from which economy and economics were later derived. For example, in describing the etymology ...
Antitrust Goes International
October 30th, 2014
In a globalizing world economy, it’s perhaps no surprise that mergers and acquisitions are also crossing national borders more frequently–and that the risk of cartel-like behavior across national borders is also rising. The OECD lays out some background in ...
Deutsche Bank cannot rely on this trading rebound – Bottom Line
October 30th, 2014
Trading revenues were once the mainstay of many an investment bank, and made up the glamorous end of the City. It is always the traders who get the public’s attention. Who ever complains about City brokers or City auditors? But ...
