Search Results for: UBS
Citi shared central bank info with clients: ex trader
September 11th, 2015
Citigroup sent details of its central bank customers’ trading activity to another client and handed out details of its foreign exchange order book to customers in electronic chatrooms, a former foreign exchange trader said in a witness statement to ...
SEC Announces Fraud Charges Against Financial Adviser
September 10th, 2015
SEC Announces Fraud Charges Against Financial Adviser Accused of Greatly Exaggerating Assets Under Management and Investment Returns on Paid Radio Program The Securities and Exchange Commission announced fraud charges against a Maryland-based financial services firm and its founder/CEO accused ...
Revenue & Customs ‘winding down’ inquiries into HSBC Swiss tax evaders
September 10th, 2015
After reopening investigation into HSBC clients hiding money in Switzerland, HMRC admits it has still only prosecuted one tax cheat HM Revenue and Customs (HMRC) is winding down its inquiries into hundreds of British customers who used HSBC’s Swiss ...
Will Oil Respect the Range?
September 10th, 2015
The Oil market has quietened down recently after the solid moves seen at the end of last month. It has subsequently found a range, but the fundamentals haven’t changed, so will it last? Oil has found solid support along ...
SEC Charges BDO and Five Partners in Connection With False and Misleading Audit Opinions
September 10th, 2015
The Securities and Exchange Commission today charged national audit firm BDO USA with dismissing red flags and issuing false and misleading unqualified audit opinions about the financial statements of staffing services company General Employment Enterprises. The SEC also charged ...
Saudi stock index up, shuns oil prices
September 10th, 2015
Saudi Arabia’s stock benchmark Tadawul All Share Index jumped 2.3 percent to 7,749 points and most stocks in Riyadh were positive. National Commercial Bank, the kingdom’s top lender, was one of the main supports, jumping 3.2 percent. Another large ...
DIFC reports impressive growth in first half of 2015
September 9th, 2015
Total number of registered companies up 8.3% to 1,327 140 new licensed companies and a combined workforce of 18,521 178,376 sq. ft. of net commercial office space leased in 2015 Ground-breaking of 11th office building in The Gate District ...
EBS BrokerTec licenses FX Bridge’s FX options software
September 9th, 2015
EBS BrokerTec, ICAP’s market-leading electronic foreign exchange (FX) and fixed income business, announces today that it has licensed software from derivatives trading technology company, FX Bridge Technologies Corp. The software will allow EBS BrokerTec to develop a relationship-based FX ...
Snapshots of Foreign Direct Investment Flows
September 9th, 2015
The canonical source for data on flows of foreign direct investment are the reports from the United Nations Conference on Trade and Development, more commonly known as UNCTAD. It’s World Investment Report 2015 provides a discussion of trends up through last ...
PayPal to Close its Operations in Puerto Rico amidst Government Capital Control
September 9th, 2015
Puerto Rico has recently used legislation to force capital controls. The country has imposed a 2% fee on any money transmission, forcing Paypal’s to pull out of the country. Following an attempt to start capital controls, Puerto Rico government passed a ...
