Search Results for: UBS AG
Societe Generale agreed to sell German online broker
December 12th, 2016
Societe Generale Group, through Boursorama, has agreed to sell the entire stake of Boursorama in Onvista AG, its German subsidiary, to Comdirect bank AG. The sale is expected to close before end of H1 2017, following completion of the ...
Playtech’s founder Teddy Sagi is selling part of his Playtech holdings
November 30th, 2016
Playtech plc (“Playtech,” or the “Company”) announced that it has been advised that Brickington Trading Limited (“Brickington”) is proposing to sell approximately 32.3 million ordinary shares in the Company (the “Placing Shares”) via an accelerated bookbuild through UBS Limited ...
Insurance commissioner’s enforcement action against Zenefits results in multi-million dollar penalty
November 29th, 2016
Insurance Commissioner Dave Jones today announced the enforcement action taken against Zenefits for multiple license violations has resulted in a $7 million penalty. Zenefits was charged with allowing unlicensed employees to transact insurance and circumventing insurance agent education requirements. ...
TechFinancials to receive $1 Million dividend pay-out from DragonFinancials
November 28th, 2016
TechFinancials Inc. (AIM: TECH), a leading technology provider to financial trading brokers, has issued a press release to announce a dividend pay-out by its subsidiary, DragonFinancials. The board of directors of DragonFinancials have declared an interim dividend pay-out of ...
Japanese insurer to offer coverage for both exchanges and their customers
November 25th, 2016
Mitsui Sumitomo Insurance will launch an insurance product specifically designed to cover losses and damages at bitcoin exchanges. The product, developed with Japanese bitcoin exchange operator bitFlyer, will protect both exchanges and their customers. The total coverage, ranging from ...
ASIC commences civil penalty proceedings against State One Stockbroking
November 21st, 2016
ASIC has commenced civil penalty proceedings against State One Stockbroking Ltd (State One) in the Federal Court of Australia in Perth for failing to comply with two ASIC Market Integrity Rules (ASX Market) 2010 (MIRs), following State One’s failure ...
Coffee, corn tempt hedge funds to extend bullish ags spree
November 15th, 2016
Hedge funds lifted their bullish positioning in ags to the highest in four months, fuelled by a record-high net long in coffee, and a sharp cut in bearish bets on corn – which could create potential for fresh selling. ...
Court of Final Appeal dismissed leave application of C.L. Management Services Limited and its sole owner
November 15th, 2016
The Court of Final Appeal (CFA) has dismissed C.L. Management Services Limited (C.L. Management) and its sole owner and director Ms Clarea Au Suet Ming’s application for leave to appeal against their convictions for holding out to provide advisory ...
40% beef tax suggested to pay for climate damage
November 11th, 2016
Global taxes have been suggested for beef and dairy products to pay for climate damage caused during their production. The University of Oxford study argues emissions pricing on food could avert more pollution than generated by the aviation industry, ...
New UBS equity index ETF on S&P 500 with currency hedge launched on Xetra
November 8th, 2016
ETF provides access to 500 largest US companies A new UBS Global Asset Management equity index ETF on S&P 500 has been tradable via Xetra and Börse Frankfurt since Tuesday. ETF name: UBS (Irl) ETF plc – S&P 500 ...
