Search Results for: IG Group
Credit Suisse Returns to Profit, Offers Stock Dividend Option
February 12th, 2015
Credit Suisse Group AG swung to a fourth-quarter profit, announced additional asset reductions and proposed investors choose whether to receive their dividend in shares or cash for 2014 amid pressure to boost capital. Net income amounted to 921 million ...
SEC Charges Former Brokerage CEO for His Role in Fraudulent Scheme
February 11th, 2015
The Securities and Exchange Commission today announced that the former CEO of a global investment services firm’s brokerage subsidiary agreed to pay more than $783,000 and admit wrongdoing to settle a case involving employees under his control misleading customers. ...
OPEC Producers Cut Oil Prices to Asia in Battle for Market Share
February 11th, 2015
Iraq and Iran joined Saudi Arabia in cutting their March crude prices for Asia to the lowest level in more than a decade, signaling the battle for a share of OPEC’s largest market is intensifying. Iraq’s Basrah Light crude ...
Varoufakis doesn’t rule out rift as Schaeuble warns time running out
February 11th, 2015
Finance Minister Yanis Varoufakis did not rule out clashing with his eurozone counterparts at Tuesday’s Eurogroup meeting in Brussels as Germany’s Wolfgang Schaeuble warned that Greece would be offered no other deal than the extension of its existing bailout. ...
ICAP plc – Trading Statement
February 10th, 2015
Positive momentum in new Electronic and Post Trade initiatives Activity on EBS increased significantly as FX market volatility rose sharply Global Broking impacted by a reduction in bank client activity Cost savings programme remains on track ICAP plc (IAP.L), ...
Apple Goes Ahead With Swiss Franc Bond Sale
February 10th, 2015
Deal Will Be Apple’s Second Bond Sale Outside of the U.S. Apple Inc. was poised to complete a Swiss-franc bond sale on Tuesday, taking advantage of the country’s record-low borrowing costs. The company was seeking to raise at least 1 ...
UBS’s fourth-quarter 2014 results-Fourth-quarter net profit CHF 1 billion; ordinary dividend doubled
February 10th, 2015
2014 net profit attributable to shareholders up 13% to CHF 3.6 billion; diluted EPS CHF 0.94 Ordinary dividend of CHF 0.50 per share proposed for the financial year 2014 Accrued one-time supplementary dividend of CHF 0.25 per share Fully ...
Asia slips amid Greek exit worries, dollar flags
February 10th, 2015
Asian equities were lower across the board on Tuesday as nervousness over Greece potentially withdrawing from the euro and escalating conflict in Ukraine sapped risk appetite, while the dollar lost steam after its payrolls-inspired rally. Japan’s Nikkei slipped 0.8 ...
Central Banks Move to Drive Down Currencies, Yielding Domino Effect
February 9th, 2015
The central-bank stimulus spree of 2015 has the look of a global currency war. In quick succession, countries representing about a third of the world’s economic output—from the eurozone to China, Australia and Canada—have taken steps that have driven ...
U.S. Banks Say Soaring Dollar Puts Them at Disadvantage
February 9th, 2015
Firms Say They May Be Forced to Hold More Capital Than Foreign Rivals The strengthening U.S. dollar is rippling through the financial system in unexpected ways, revealing what bankers say is a hidden flaw in a Federal Reserve proposal ...
