Search Results for: UBS Group
How not to manage a currency
October 15th, 2016
Make no mistake, sterling’s collapse is a very serious development, and has serious consequences for sterling interest rates. While it is becoming apparent that interest rates are going to have to rise possibly for all currencies on a one-year ...
Deutsche Bank Is Said to Begin Companywide Hiring Freeze
October 14th, 2016
Deutsche Bank has instituted a company wide hiring freeze as the embattled lender looks to speed up efforts to reduce costs and regain the confidence of investors as concerns mount about the progress of its turnaround, according to a person ...
EU Council published conclusions on tax transparency
October 14th, 2016
“The Council: 1. RECOGNISES the progress made in pursuing the ambitious EU agenda for fairer, more transparent and more effective taxation and in strengthening the cooperation between fiscal authorities across the EU; 2. CONFIRMS the importance of improving further ...
CFTC Releases Rule Enforcement Review of the New York Mercantile Exchange, Inc. and the Commodity Exchange, Inc.
October 14th, 2016
The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) announced today that it has issued the results of a rule enforcement review of the New York Mercantile Exchange and the Commodity Exchange (NYMEX and COMEX or ...
ICICI Bank executes India’s first banking transactions on blockchain in partnership with Emirates NBD
October 13th, 2016
Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, announced that it has successfully executed transactions in international trade finance and remittance using blockchain technology in partnership with Emirates NBD, a leading banking group in the Middle East. ...
LSE listed company is seeking to acquire companies within the Forex sector
October 13th, 2016
Boston International Holdings plc, a special purpose acquisition company (SPAC) formed to undertake one or more acquisitions of target companies or businesses in the FX sector, has issued an announcement to inform that its entire issued ordinary share capital ...
ICAP acquires Abide Financial
October 13th, 2016
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has acquired Abide Financial (Abide), a market-leading global regulatory reporting specialist. Abide will become a subsidiary of ICAP’s ...
Japan set to drop sales tax on buying virtual currency
October 12th, 2016
Japan looks to end sales-tax collection on purchases of virtual currencies in the spring, a move likely to propel the growth of bitcoin and others as alternatives to traditional money. The change would reduce costs for buyers and relieve operators of ...
Asian Stocks Fall on U.S. Rate Outlook, Samsung as Pound Jumps
October 12th, 2016
Sterling snaps drop with Parliament to discuss Brexit plan Oil below $51 amid doubts over Russia’s stance on OPEC deal Asia stocks dropped for a fourth day as investors fretted about the prospect of U.S. interest-rate hikes and Samsung ...
EY reports record global revenues in 2016
October 7th, 2016
EY records sixth consecutive year of record growth Solid growth across all businesses and geographical areas, including developed and emerging markets Large scale transformations and capital transactions fuel growth in Advisory and Transactions businesses Significant investment in digital transformation, ...