Search Results for: IG Group
Four in ten say they won’t need cash in ten years time as contactless proves popular for many
August 31st, 2015
43% of people look to contactless payments as the payment method of the future. Within the next five years, one in three (34%) expect to be using a mobile device on a day-to-day basis to make payments. By 2025, ...
How Many Hedge Funds Will Die Next Year? (Answer: A Ton)
August 31st, 2015
For those who keep hearing about hedge funds but aren’t quite sure what they are: Think mutual fund with no rules. A hedge fund is an investment company that can do pretty much anything, from shorting currencies to betting ...
Middle Eastern Stocks Rally Led by Oman After Oil-Price Rebound
August 31st, 2015
Muscat’s MSM30 Index advanced the most since January Brent crude capped the best week since 2009 on Friday Omani stocks led a rally in most equity markets across the Middle East after oil prices had the biggest-weekly jump in ...
UBS to pay $1.7 mln settlement over sanctions case – U.S. Treasury
August 28th, 2015
The U.S. Treasury on Thursday said it had reached an agreement with UBS for the Swiss bank to pay a $1.7 million settlement for “apparent violations” to U.S. sanctions. The Treasury’s Office of Foreign Assets Control (OFAC) said in ...
Japan reports inflation, household spending soften in July
August 28th, 2015
The backdrop to the wild drama in financial markets over the past few weeks is a less dramatic but more daunting reality: the deep-seated challenges for sustaining long-term growth, especially for aging economies like Japan’s. Japan released data Friday ...
Siemens selects Deutsche Bank for receivables on behalf of in China
August 28th, 2015
Deutsche Bank today announced that it has implemented a Receivables on Behalf Of (‘ROBO’) solution for Siemens Financial Services (‘SFS’) in China, for both intra-group and third party cross-border receivables. Deutsche Bank is a key banking partner of Siemens ...
Stock Markets update: UBS launches on Xetra & HSBC uses EurexOTC clear
August 28th, 2015
New UBS equity index ETF launched on Xetra ETF provides first-time access to Japanese companies focussed on sustainability A new equity index ETF issued by UBS ETF Sicav has been tradable on Xetra and Börse Frankfurt since Thursday. ETF ...
Google rejects EU’s antitrust complaints citing benefits to consumers and advertisers
August 28th, 2015
Google (Nasdaq:GOOG) has rejected the European Union’s antitrust complaints against it, saying the case is “wrong as a matter of fact, law and economics”. The company’s comments came in its lengthy reply to the EU, which accused the internet ...
Tradition: H1 2015 Results
August 27th, 2015
Operating profit up 35.6% to CHF 35.9m Increase of net profit Group share of 36.7% to CHF 21.8m Focus on Group performance management Overview The Group faced a varying market environment in the first six months of 2015. Activity ...
Playtech: Interim results for the six months ended 30 June 2015 – Directorate Change
August 27th, 2015
Delivering on our strategy – strong underlying growth and strategic M&A Playtech (LSE: PTEC) today announces its unaudited interim results for the six months ended 30 June 2015 together with a trading update for the period to 24 August ...