Search Results for: ESMA
UBS Faces a New Tax-Evasion Probe
February 5th, 2015
Authorities Investigate Whether Swiss Bank’s Clients Used ‘Bearer Securities’ to Hide Cash Federal prosecutors have launched a new probe into whether Swiss bank UBS AG helped Americans evade taxes through investments largely banned in the U.S., according to people familiar with ...
Merkel Says Greek Diplomatic Offensive Is Failing
February 5th, 2015
German Chancellor Angela Merkel indicated that a diplomatic offensive by newly elected Greek Prime Minister Alexis Tsipras to ease his nation’s bailout-aid requirements is failing to win over converts. “I don’t think that the positions of the member states ...
UAE’s NBAD launches market-making on Abu Dhabi bourse
February 3rd, 2015
National Bank of Abu Dhabi (NBAD) officially began market-making – quoting buying and selling prices – on the Abu Dhabi stock exchange (ADX) on Tuesday, aiming to boost trading volumes. The bank, the largest lender by assets in the ...
Alstom Gets Break on Fine
February 2nd, 2015
Court Granted Delay in $772 Million Payment Because of Possible Business Impact When the U.S. Justice Department announced a record $772 million foreign-bribery settlement with Alstom SA in December, there was a hitch: The French engineering company couldn’t pay ...
China denies mass foreign investment withdrawal
January 30th, 2015
China’s Ministry of Commerce (MOC) on Thursday denied media reports that foreign firms were taking back their capital in China. “There is no mass capital withdrawal of overseas enterprises in China,” MOC spokesman Shen Danyang said during a press ...
Greek finance minister Yanis Varoufakis to visit London
January 30th, 2015
Yanis Varoufakis to meet George Osborne and City bankers on whistlestop tour of Europe to drum up support for Athens’ Syriza government The new Greek finance minister is to call on George Osborne and City bankers next week as part of ...
Greece will not default on bailout debts – PM Tsipras
January 28th, 2015
New Greek PM Alexis Tsipras says his country will not default on its debts. Addressing his first cabinet meeting since being elected on Sunday, the left-wing Syriza party leader said he would negotiate with creditors over the €240bn (£179bn; ...
Greece debt repayment in full is ‘unrealistic’, says Syriza
January 27th, 2015
It is unrealistic to expect Greece to repay its huge debt in full, the chief economics spokesman for the victorious Syriza party has told the BBC. “Nobody believes that the Greek debt is sustainable,” Euclid Tsakalotos said. The far-left ...
Beijing unveils draft of foreign investment law
January 26th, 2015
China has begun public consultation on the law which will replace and update three existing laws which are seen as being out of date and also in conflict with other rules. China began a public consultation on the draft ...
Zagreb Stock Exchange successfully goes live with Ancoa’s market surveillance platform
January 21st, 2015
Ancoa, providers of contextual surveillance and insightful analytics for exchanges, regulators, buy & sell-side firms, today announced that it has successfully integrated its real-time market surveillance capabilities with the Zagreb Stock Exchange’s (ZSE) trading platform across all trading segments; ...
