Search Results for: UBS
Credit Suisse says Milan offices searched by Italian tax police
January 8th, 2015
Credit Suisse said on Thursday its offices in Milan were searched by Italian tax police last month, following reports of an investigation into whether a Bermuda subsidiary of the Swiss bank helped wealthy Italians hide undeclared funds. “We can ...
Canada and Saudi oil set for refinery showdown
January 8th, 2015
As a test of wills between OPEC nations and US shale drillers fuels a global oil market slump, a brewing battle between Canadian and Saudi Arabia heavy crudes for America’s Gulf Coast refinery market threatens to drive prices even ...
Clearpool launches Iris to improve equity trading efficiency
January 8th, 2015
Clearpool Group today announced the roll-out of Iris, technology designed to transform how orders are handled electronically to improve liquidity interaction and fill rates. Iris aggregates orders to elevate their prioritization in a venue’s execution queue, giving clients trading ...
Acquisition of real-time foreign exchange solutions provider by Broadridge Financial Solutions
January 5th, 2015
Broadridge Financial Solutions, Inc. (NYSE:BR) has acquired TwoFour Systems LLC, a provider of real-time foreign exchange solutions for banks and broker-dealers, to address the rising demand for advanced FX and cash management technology among financial institutions. TwoFour Systems LLC ...
Bank Pays $400m Fine For Aiding US Tax Evasion
January 5th, 2015
A leading Israeli bank has agreed to pay the US government $400 million compensation for helping US customers evade tax. Bank Leumi confessed to advising 1,500 wealthy Americans how to evade taxes over several years. The bank ran secret ...
Gold and Silver Prices in 2015
January 5th, 2015
Precious metals haven’t grabbed dramatic headlines like oil and gas have. But their story is no less exiting. And the metals remain a fundamentally critical part of the global economic and strategic landscape. Indeed, gold and silver took roller ...
Snapchat reveals $485m of funding at a reported $10bn valuation
January 2nd, 2015
Messaging app Snapchat has raised its latest round of funding, $485.6m, which may value the US-based company at more than $10bn. The funding was revealed in a filing with the US Securities and Exchange Commission (SEC), with 23 investors ...
Wednesday December 31: OSB Daily Technical Analysis – Currency pairs
December 31st, 2014
OSB Daily Technical Analysis for December 31, 2014 EURUSD made a new yearly low on Tuesday showing no signs of a bottom as of yet. Subsequent bounce found resistance at 1.2187 suggesting further pushback in the 1.22 area. Trading ...
Fund board severs ties with Thibeault after arrest
December 31st, 2014
Alt fund manager accused of creating fictitious loans no longer has access to the GL Beyond Income Fund The small financial services empire of Daniel Thibeault, a well-known asset manager who was arrested earlier this month on charges of ...
U.S.-Listed ETF Assets Break $2 Trillion Mark
December 30th, 2014
“It took 18 years for ETFs to reach $1 trillion and three years for it to reach the additional $1 trillion,” says SSGA’s David Mazza. Assets invested in U.S.-listed exchange-trade funds/exchange-traded products reached the $2 trillion milestone. ETFGI is ...
