Search Results for: UBS
Clients of Alpari (UK) can agree account balances on the Joint Special Administrator’s Claims Portal
March 5th, 2015
The Financial Services Compensation Scheme (FSCS) has investigated the nature of Alpari (UK) Limited’s business and has concluded that valid protected claims are likely to arise. As a result, we have been working with the Joint Special Administrator’s (JSAs) ...
EBA: Consultation on Guidelines on sound remuneration policies
March 5th, 2015
The European Banking Authority (EBA) launched today a three-month public consultation on its Guidelines on sound remuneration policies. These draft Guidelines set out the governance process for implementing sound remuneration policies across the EU, as well as the specific ...
European Stimulus Sparks Bond Blitz
March 5th, 2015
French utility GDF is the first company in over 14 years to issue euro bonds bearing no regular payments for investors Investors snapped up a half-billion euros of French utility bonds that will pay them no interest, a groundbreaking ...
CME Group Volume Averaged 15.8 Million Contracts per Day in February 2015, Up 13 Percent from February 2014
March 4th, 2015
Delivered highest February average daily volume ever Reached record energy average daily volume of 2.4 million contracts; bolstered by records in WTI crude oil, Brent crude oil, and heating oil Increased interest rate average daily volume 27 percent CME ...
China freezes accounts of metals-trading giant Trafigura
March 4th, 2015
Chinese police have frozen two bank accounts held by Trafigura, one of the world’s three largest private oil and metals traders, as the authorities investigate an alleged $32 million gasoline-trade fraud, according to three sources. Police have held Beijing-based ...
Japan’s Solar Power Growth Falters as Utilities Balk
March 4th, 2015
Rice fields, golf courses and even a disused airport runway. All over the southern Japanese region of Kyushu, unexpected places gleam with electricity-producing solar panels. Solar use in Japan has exploded over the last two years as part of an ambitious ...
Athens preparing reform proposals for Eurogroup
March 4th, 2015
A collection of reform proposals are being put together by the government so Finance Minister Yanis Varoufakis can present them at Monday’s Eurogroup, with Athens hoping that this will help it secure part of the remaining 7.2 billion euros ...
Statement by Dr. Raghuram G Rajan, Governor, on Monetary Policy
March 4th, 2015
It may be recalled that in its statement on monetary policy of January 15, 2015 the Reserve Bank reduced the policy repo rate by 25 basis points and indicated that ““Key to further easing are data that confirm continuing ...
Six Reasons Why Economists Should Say Less About “Competition”
March 3rd, 2015
A short essay of mine titled “The Blurry Line Between Competition and Cooperation,” was published a month ago at the Library of Economics and Liberty website. I argued that the rule-based competition in economic markets is inextricably intermingled with ...
ECB meeting preview: What traders should expect from it
March 3rd, 2015
DESPITE a range of economic indicators suggesting that the Eurozone economy has finally begun to turn a corner, markets had an uncertain start to the week. Although the currency bloc’s unemployment rate slipped to 11.2 per cent in January ...
