Search Results for: UBS
Goldman: “Greece Will Remain In Euro Even If It Votes No”, And How Markets Will React
July 3rd, 2015
The time to negotiate the Greek referendum this Sunday has come and gone and at this point, one can only sit and wait as the vote results start trickling in on Sunday evening. And, as Goldman’s Huw Pill prudently ...
AMarkets: Trading Conditions Change Due to Situation Surrounding Greece
July 3rd, 2015
Due to the uncertainty around Greece and possibility of a default we would like to warn you of increased volatility on currency pairs which involve the euro. In order to protect you from substancial risk AMarkets starting on July 3 ...
ASIC: Update on Interactive Brokers
July 3rd, 2015
ASIC today provided an update on its regulation of US-based online brokerage firm Interactive Brokers LLC (IB). Enforceable undertaking (EU) IB has refunded $1.5 million in fees and commission payments to its retail margin lending customers in accordance with ...
Citigroup, HSBC Among Banks Named in Brazil Currency Probe
July 3rd, 2015
Citigroup Inc., Morgan Stanley, HSBC Holdings Plc and 12 other banks are being investigated for currency manipulation by Brazil’s antitrust agency after similar probes in the U.S. and Europe led to penalties of more than $10 billion. Cade, as ...
BP to Settle Federal, State and Local Deepwater Horizon Claims for up to $18.7 Billion
July 3rd, 2015
BP to Settle Federal, State and Local Deepwater Horizon Claims for up to $18.7 Billion With Payments to be Spread Over 18 Years The Disclosure and Transparency Rules (“DTR”) made by the Financial Conduct Authority govern amongst other matters ...
IMF warns of huge financial hole as Greek vote looms
July 3rd, 2015
The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country’s future in Europe. Days after Greece defaulted on ...
Singapore pledges S$225m to fintech
July 2nd, 2015
Singapore has committed S$225 million over the next five years to a scheme designed to build a vibrant ecosystem for innovation in fintech. Monetary Authority of Singapore (MAS) managing director Ravi Menon revealed the investment (around US$167 million) in ...
Greece tourism unaffected by financial crisis
July 2nd, 2015
Despite Greece’s extreme financial crisis, the country’s lucrative tourism industry appears to be uninterrupted. And that’s good news for Greeks. Tourism brought in around $32.7 billion in 2014, which made up more than 17% of the country’s GDP. The ...
How Investors Should React to the Greek Crisis
July 2nd, 2015
Step one: Don’t panic. Even from afar, it’s hard for U.S. investors to ignore the Greek economic crisis, which continues to roil global markets. After Greece saw its bailout funds expire Tuesday—and became the first developed country to fail ...
Top Stories of the day July 01
July 1st, 2015
1. Playtech is pleased to announce that its subsidiary, TradeFX Limited (“TradeFX”), has entered into a share acquisition agreement under the terms of which it will acquire the entire issued share capital of Ava Trade, an online B2C CFD ...
