Search Results for: UBS
Competition watchdog to investigate UK current account and SME banking market
November 7th, 2014
The UK’s Competition and Markets Authority is to launch a full-scale investigation into personal current accounts and SME banking, following a three month consultation exercise. The CMA published two studies in July which indicated that regulatory barriers and limited ...
Canada and China to Set Up Yuan Trading Hub in Canada
November 7th, 2014
Canadian Prime Minister Stephen Harper will announce the establishment of a trading hub for the Chinese currency in Canada during a state visit to Beijing starting today, according to a person familiar with the matter. The deal will allow firms to exchange Canadian ...
FXCM Announces Third Quarter 2014 Results
November 7th, 2014
FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange, or FX, trading and related services, today announced for the quarter ended September 30, 2014, U.S. GAAP revenues of $116.1 million, compared to $113.2 million for the quarter ended ...
Australia 200 – Consolidates Above Support at 5500
November 7th, 2014
Australia 200 for Friday, November 7, 2014 The Australia 200 index has enjoyed a solid resurgence over the last month after getting much needed support from the 5200 level, which has resulted in it moving back above the 5400 ...
BofA triples third-quarter loss due to forex legal expense
November 7th, 2014
Bank of America Corp (BAC.N) tripled its third-quarter loss to $232 million, in a revision that added legal costs related to global investigations into foreign exchange trading at major banks. Regulators are investigating allegations that dealers colluded and manipulated key ...
EU’s finance chief to unveil capital market plan in 2015
November 6th, 2014
The EU’s new financial services chief pledged on Thursday to set out his plans for a pan-European capital market by the middle of next year, aiming to reduce companies’ reliance on banks and help revive the bloc’s fragile economy. ...
Ukraine to Freeze Payments in Separatist Areas
November 6th, 2014
Ukraine’s prime minister said Wednesday that the government would freeze payments it had been sending to parts of eastern Ukraine even after the areas had fallen under the control of pro-Russian separatists. The move threatens to worsen already dire ...
Qualcomm sees more China trouble, faces probes in U.S., Europe
November 6th, 2014
Qualcomm Inc (QCOM.O) warned on Wednesday that an antitrust investigation and problems collecting royalties could harm its business in China next year and it also disclosed new regulatory investigations in the United States and Europe. China’s expanding high-speed 4G ...
Russian Billionaire Tied to Putin Is Focus of Inquiry
November 6th, 2014
A billionaire Russian businessman known to have ties to President Vladimir V. Putin of Russia and a company the businessman controlled have been the focus of a federal investigation into money laundering and oil trading, according to documents and ...
Lenovo Second-Quarter Profit Climbs, but Shares Dip
November 6th, 2014
Lenovo Group Ltd reported quarterly revenue that missed analyst estimates, with a decline in smartphone sales curbing investor optimism about the world’s biggest maker of personal computers (PCs) turning into a force in mobile devices. Lenovo’s earnings came at ...
