Search Results for: UBS
Standard Chartered, Societe Generale are among four banks added to Forex Lawsuit by investors
August 3rd, 2015
Standard Chartered Plc and Societe Generale SA are among four banks added to a suit by investors claiming banks manipulated the $5.3 trillion a day foreign-exchange market. The investors filed a revised complaint Friday in which they broadened their ...
Two Chinese Firms Seek Multibillion-Dollar IPOs
August 3rd, 2015
China Merchants Securities and China Reinsurance are pursuing Hong Kong listings Two Chinese financial firms are gearing up for multibillion-dollar initial public offerings in Hong Kong, even as China’s stock markets saw one of their steepest selloffs last month. ...
The Swiss National Bank (SNB) is reporting a loss of CHF 50.1 billion for the first half of 2015
July 31st, 2015
The central bank of Switzwerland has issued a press release to inform for the Interim results The Swiss National Bank (SNB) is reporting a loss of CHF 50.1 billion for the first half of 2015. The loss on foreign currency ...
Dukascopy presents Dukascopy Payments SIA
July 31st, 2015
Dukascopy Bank SA presents a new group member – Dukascopy Payments SIA, EU licensed subsidiary specialized in mobile instant payments. Dukascopy Payments SIA is 100% owned by Dukascopy Bank SA. The company’s services are based on Dukascopy Connect mobile ...
AFD founder: ‘Schäuble’s Greece policy is pure marketing’
July 30th, 2015
German Finance Minister Wolfgang Schäuble’s latest plans for a euro tax have solidified the prospect of a transfer union, says Eurosceptic Bernd Lucke in an interview with EurActiv Germany. The founder of the Eurosceptic Alternative for Germany (AfD) party, argues that ...
SFC reprimands and fines Nomura International (Hong Kong) Limited HK$4.5 million for regulatory breach
July 30th, 2015
The Securities and Futures Commission (SFC) has reprimanded and fined Nomura International (Hong Kong) Limited (Nomura Hong Kong) HK$4.5 million for failing to report significant misconduct by a former trader in a timely manner (Note 1). On 11 June ...
GMO Internet: Notice of Upward Revision to Full Year Earnings and Dividend Forecasts
July 30th, 2015
In light of recent performance, GMO Internet announces the following upward revision to fiscal year 12/2015 earnings and dividends forecasts previously published on February 5, 2015 and April 30, 2015 respectively. 1. Revised Earnings Forecast (1) Revised Consolidated Results ...
China’s 1929 moment
July 30th, 2015
Anyone with a nose for markets will tell you that the Chinese government’s attempt to rescue the country’s stock markets from collapse is far from succeeding. Bubbles collapse, period; and government interventions don’t stop them. Furthermore, we are beginning ...
The UAE: On the road to economic development
July 30th, 2015
In the past two years, the UAE has achieved three major milestones on the journey towards a sustainable and diverse economy. In 2014, the UAE’s stock exchanges were upgraded from ‘Frontier’ to ‘Emerging’ market status by the global markets ...
US watchdog refers PwC to ethics panel
July 30th, 2015
A US Department of Justice (DoJ) agency has referred PwC to the AICPA professional ethics division after finding ‘extensive deficiencies’ in an audit carried out by the US firm into federal grant compliance by a charity called Big Brothers ...
