Search Results for: Credit Swiss
Poland may water down FX loans conversion plan if costs too high
January 27th, 2016
A Polish minister signalled on Wednesday the ruling Law and Justice (PiS) party may water down the president’s plan to convert Swiss franc mortgages into zlotys if it is too expensive for banks. President Andrzej Duda has set out ...
Davos 2016: eight key themes for the World Economic Forum
January 19th, 2016
Political and business leaders gather at Swiss ski resort to discuss issues including robots, terrorism, migration and inequality The world’s political and business leaders, plus the usual smattering of celebrities – including Leonardo DiCaprio – are heading to Davos, ...
Swatch partners with Visa for pay-by-the-wrist contactless payments
December 1st, 2015
Swatch SA and Visa Inc. together with Visa Europe have signed an agreement giving eligible Visa cardholders in the U.S., Switzerland and Brazil the ability to tap and pay with Swatch’s new «pay-by-the-wrist» watch, Swatch Bellamy. Slated to launch ...
Germany gives Greece names of 10,000 citizens suspected of dodging taxes
November 26th, 2015
Inventory includes accounts invested in Swiss banks worth €3.6bn as Alexis Tsipras pledges to tackle tax dodging to pull country out of economic meltdown Germany has handed Athens the names of more than 10,000 of its citizens suspected of ...
JPMorgan’s 2014 Hack Tied to Largest Cyber Breach Ever
November 11th, 2015
Online gambling, bitcoin scam, money laundering among charges Hackers took data on 100 million customers, U.S. alleges The U.S. described a vast, multi-year criminal enterprise centering on hacks of at least nine big financial and publishing firms and the ...
CFTC Releases Annual Enforcement Results for Fiscal Year 2015
November 9th, 2015
Agency Filed 69 Enforcement Cases and Achieved a Record $3.14 Billion in Civil Monetary Penalties Ordered The U.S. Commodity Futures Trading Commission (CFTC) today released the agency’s enforcement results for fiscal year (FY) 2015, which included a record $3.144 ...
Bitcoin to be 6th largest reserve currency by 2030: Research
November 5th, 2015
Bitcoin industry insiders have issued an optimistic prediction for the cryptocurrency over the next few decades, suggesting it could be as widely used as the Swiss franc or the Australian dollar. U.K.-based Magister Advisors, which advises the technology industry ...
UBS’s third-quarter 2015 results
November 3rd, 2015
UBS 3Q net profit CHF 2.1bn Net profit attributable to shareholders CHF 2.1bn; diluted earnings per share CHF 0.54 Adjusted1 profit before tax CHF 1.0bn Fully applied Swiss SRB Basel III CET1 capital ratio of 14.3% Fully applied Swiss SRB ...
Oil Market Showdown: Can Russia Outlast The Saudis?
October 19th, 2015
“Two men enter, one man leaves, two men enter, one man leaves, two men enter…” Oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on ...
Swatch presented pay-by-wrist watch
October 15th, 2015
Swatch has joined forces with China UnionPay and Bank of Communications to introduce contactless payment “by-the-wrist” to China SWATCH BELLAMY: THE NEW PAY-BY-THE-WRIST SWATCH WATCH Pioneering Swiss watchmaker Swatch presented SWATCH BELLAMY, the new “pay-by-the-wrist” watch, at the landmark ...
