Search Results for: UBS
Biggest MasterCard Issuers Scuttled Deal on Target Data Breach
June 3rd, 2015
Citigroup, Capital One and J.P. Morgan Chase vetoed MasterCard’s deal with Target over hacked credit-card data Citigroup Inc., Capital One Financial Corp. and J.P. Morgan Chase & Co. rejected a $19 million pact backed by MasterCard Inc. last month over the huge Target Corp. data breach, resulting in the settlement’s unexpected ...
First bitcoin bank is applying for license in Switzerland
June 2nd, 2015
A group of undisclosed investors joined their forces to create the first bitcoin bank in the world. Presently, this bank is applying for a license, reports Die Handelszeitung. According to the newspaper, “several sources” informed journalists about the registration ...
PwC appoints Global Financial Crime Leader
June 2nd, 2015
PwC announced today that David Grace has been appointed as Global Financial Crime Leader for PricewaterhouseCoopers International Limited. David, a Senior Partner and member of PwC’s Global Financial Services Leadership and Executive Teams, will lead a global network of ...
Rights groups reject OECD approach on corporate tax avoidance
June 2nd, 2015
An international campaign to stamp out corporate tax dodging will fail and G20 leading economies should instead adopt a global minimum tax rate for multinationals, a coalition of 10 charities and human rights bodies said. The G20 asked the ...
First Derivatives announced its Preliminary results for the year ended 28 February 2015
June 2nd, 2015
First Derivatives, a provider of software and consulting services, has issued a press release to announce its results for the year ended 28 February 2015. Financial Highlights Revenue £83.2m (2014: £69.9m) +19% Adjusted EBITDA £15.5m (2014: £12.5m) +24% Profit ...
Moscow Exchange to reduce margin rates for the FX, Equity & Bond and Derivatives markets
June 2nd, 2015
Effective 8 June 2015 Moscow Exchange will decrease new minimum initial margin requirements on its FX, Equity & Bond and Derivatives markets. On the FX Market initial margin rates will be reduced from 11% to 9%; on the Equity & Bond ...
Top news of the day, May 29
May 29th, 2015
1. China’s campaign to turn the tightly controlled yuan into a global currency is crossing a new threshold, as the government plans to make it easier for individuals and companies to invest overseas. The latest initiative, expected to be ...
China to Ease Limits on Overseas Investments
May 29th, 2015
Beijing advances goal to make yuan a reserve currency with plan to ease capital controls China’s campaign to turn the tightly controlled yuan into a global currency is crossing a new threshold, as the government plans to make it ...
FXCM to Sell FXCM Hong Kong to Rakuten Sec
May 29th, 2015
FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange (FX) trading and related services, announced that Forex Trading, LLC, a subsidiary of FXCM Newco, LLC (“FXCM”) has signed a definitive agreement to sell FXCM Asia Limited (“FXCM Hong Kong”) to Rakuten Securities, Inc. (“Rakuten Sec”), a ...
Chinese stocks up at midday, shaking off morning slump
May 29th, 2015
SSEC +0.12 pct, CSI300 +0.61 pct Steep morning drop erased by mid-morning Follows market slump on Thursday Investors worried by margin trade changes, monetary policy Chinese stocks ended the morning session up slightly on Friday, but the market saw ...