Search Results for: UBS AG
Citigroup Global Markets Australia pays $50,000 in infringement notice penalty
June 9th, 2017
Citigroup Global Markets Australia Pty Ltd (‘Citigroup’) has paid a penalty of $50,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (‘MDP’). The MDP had reasonable grounds to believe that Citigroup had contravened ...
Santander acquires Banco Popular becoming the leading bank in Spain
June 7th, 2017
Banco Santander today announces that it has acquired Banco Popular. The acquisition takes place following an auction conducted by the Single Resolution Board and FROB in which Santander was selected as the successful bidder, paying a notional consideration of ...
HKEX announces Senior Appointments
June 6th, 2017
Trevor Spanner and Richard Leung appointed Group Chief Information Officer (CIO) and Deputy CIO to consolidate oversight of IT management and platform development across HKEX group Roger Lee and Calvin Tai appointed Joint Chief Operating Officers at HKEX in ...
Plus500 released a Trading Update
June 2nd, 2017
Plus500, a CFDs trading provider for retail customers, has issued today a press release to announce the results of the shareholder resolutions at its Annual General Meeting (“AGM”) held at 4:30pm (BST) yesterday, 1 June 2017, together with an ...
LSEG to acquire leading providers of fixed income indices
June 1st, 2017
LSEG to acquire The Yield Book and Citi Fixed Income Indices from Citi, including the World Government Bond Index (WGBI), for total cash consideration of $685 million (£535 million) subject to customary adjustments The Yield Book and Citi Fixed ...
Oil falls as rising Libyan, U.S. output undermines cuts
May 31st, 2017
Oil prices fell on Wednesday, as rising output from Libya added to concerns about increasing U.S. production that is undermining OPEC-led production cuts aimed at tightening the market. Brent crude futures LCOc1, the international benchmark for oil prices, were ...
Bitcoin move over – there’s a new kid on the blockchain
May 30th, 2017
The digital currency bitcoin has broken new records – surging by more than 245 per cent since the start of the year. In just five months, the price of one bitcoin rose from $1,331 to its all-time-high of $3,894 ...
Oil dips as ongoing glut outweighs strong start to summer driving
May 30th, 2017
A run by U.S. oil prices toward $50 a barrel ran out of steam on Tuesday as persistent concerns of oversupply outweighed signs of a strong start to the American summer driving season. U.S. West Texas Intermediate (WTI) crude ...
Legal & General choose Dublin for new European hub
May 29th, 2017
UK insurance giant Legal & General has picked Dublin as the European base for its investment management arm, the Irish Independent reports. A LGIM spokesman confirmed the decision to the paper yesterday, with strong indications that more units of the ...
Debts, Bastiat and modern economics
May 26th, 2017
Debts, Bastiat and modern economics There is a well-worn conundrum told about a stranger, who walks into the hotel in a remote, sleepy village in Mexico, and reserves a room for the night, paying 1,000 pesos in advance. The ...
