Search Results for: UBS AG
Ethereum Rises Above $1,000 for the First Time as Ripple Soars
January 5th, 2018
Even as the arguable star of 2017 Bitcoin stalls thousands below its all-time high, the third largest cryptocurrency by market value, Ethereum, is soaring to new records Thursday. For the first time ever, Ethereum prices rose above $1,000 per ...
Defendants sentenced in FCA prosecution of £1.4 million investment scheme
December 21st, 2017
Samrat Bhandari, Dr Muhammad Aleem Mirza, Michael Moore and Paul Moore, each of whom played a role in the operation of an investment scheme which led to investors losing just over £1.4 million, appeared at Southwark Crown Court to ...
Broker charged with giving special access to IPOs for cash kickbacks
December 20th, 2017
The Securities and Exchange Commission charged a Wall Street stockbroker with illegally accepting more than $1 million in undisclosed kickbacks for giving certain customers preferential access to lucrative IPOs, enabling them to reap major trading profits in the secondary ...
Europe, Brexit and the credit cycle
December 18th, 2017
Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, ...
Interactive Brokers LLC pays $250,000 penalty
December 14th, 2017
Interactive Brokers LLC (‘Interactive’) has paid a penalty of $250,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (‘the MDP’). The MDP found it had reasonable grounds to believe that Interactive had breached ...
Monetary update for the dollar
December 1st, 2017
A dispassionate look at the quantities and flows of fiat dollars tells us much about the current state of the US economy, and therefore prospects for the dollar itself. This is a starting point for understanding the dynamics likely ...
Latest Mastercard Start Path Program Includes Blockchain, Digital Identity and Healthcare Fintechs
December 1st, 2017
Mastercard announced its largest and most diverse class to enter the Mastercard Start Path program – the company’s global effort to support later-stage fintech and tech startups. The 11 selected companies from across five countries are working on the ...
My Crazy $17,000 Target for Bitcoin Is Looking Less Crazy
November 28th, 2017
The basis of this admittedly crazy forecast was simple: capital flows. I think we can all agree that bitcoin (BTC) is “interesting.” One of the primary reason that bitcoin (and cryptocurrency in general) is interesting is that nobody ...
Asia Stocks Fall, Aussie Dollar Fell, Yen Rose, Euro Was Flat; Key Events Coming Up This Week
November 27th, 2017
A rally that carried Asian stocks to record highs petered out and the dollar was little changed as investors turned their attention to U.S. tax reform ahead of a busy week with data on the health of the world’s ...
How will Final Monetary Policy Meetings of 2017 Impact the GBP EUR Exchange Rates?
November 24th, 2017
The Bank of England (BoE) and European Central Bank (ECB) both have one monetary policy meetings left on the calendar before 2017 ends – and both are scheduled for the 14th of December. It’s been a turbulent year for ...
