Search Results for: Swiss Franc
HSBC says target of French tax fraud probe
November 24th, 2014
HSBC Private Bank, the Swiss subsidiary of British banking group HSBC, said Friday (Nov 21) it had been placed under formal investigation as part of a French tax fraud probe. The bank said magistrates were “examining whether the bank ...
Greg Medcraft of ASIC re-elected IOSCO Board Chair
October 3rd, 2014
The International Organization of Securities Commissions (IOSCO) today re-elected Mr. Greg Medcraft as Chairman of the IOSCO Board. Mr. Medcraft was re-elected at the inaugural meeting of the newly constituted Board, during the IOSCO Annual Conference in Rio de ...
French court charges UBS with €1.1 bn over tax fraud
September 23rd, 2014
A 1.1-billion-euro payment was imposed to Swiss Bank UBS by a French court by a French court, for allegedly helping rich French clients to hide money in Switzerland. The bank made an appeal in July after charges of tax ...
Technical Analysis USD/CHF held down by 0.91
August 7th, 2014
Technical Analysis USD/CHF for August 7, 2014 Pair’s Outlook The resistance at 0.9117/0.9099 proves to be quite strong, as USD/CHF is unable to reach this year’s high for a second week, being only some 50 pips away from the ...
Technical Analysis USD/CHF is willing to touch 0.9156
August 6th, 2014
Technical Analysis USD/CHF for August 06, 2014 Pair’s Outlook The U.S. Dollar has launched yet another attack on 0.9099, which has been lately keeping USD/CHF from advancing further. If the attempt is successful, the currency pair will be in ...
Technical Analysis USD/CHF stepped away from 0.91
August 4th, 2014
Technical Analysis USD/CHF for August 04, 2014 Pair’s Outlook The pair retreated some 30 pips after an impressive bullish run from Jul 15, but managed to stabilise before falling down to 0.90. Given that the near-term indicators are bullish, ...
Technical Analysis USD/CHF stops after six-day winning streak
July 29th, 2014
Technical Analysis USD/CHF for Tuesday, July 29, 2014 Pair’s Outlook USD/CHF failed to rise for a seventh day in a row by giving up 10 pips yesterday, but this does not invalidate the bullish outlook on the pair. The ...
Technical Analysis USD/CHF closes above 0.90
July 23rd, 2014
Pair’s Outlook Despite the resistance at 0.90 that stopped strong advancement of USD/CHF in May, USD/CHF managed to rally above this level yesterday. Accordingly, we may now look at the 2014 high (0.9156) as a potential target, though the ...
Technical Analysis USD/CHF disrespects monthly PP and 200-day SMA
July 10th, 2014
Technical Analysis USD/CHF 10/07/2014 Pair’s Outlook The monthly pivot point and 200-day SMA have once again proven to be of no particular interest to the market, as both of them were violated yesterday. Now it is 100-day SMA’s job ...
UBS Belgium Chief Charged in Multibillion-Euro Tax Probe
June 20th, 2014
Marcel Bruehwiler, chief executive of UBS AG’s (UBSN) Belgium unit, was charged in Brussels as part of a probe into a multibillion-euro tax fraud, accelerating the latest tax-evasion inquiry facing the Swiss bank. Prosecutors said the investigation deals with ...
