Search Results for: UBS AG
FTSE 100 extends a record-breaking run
January 11th, 2017
European stocks rose Wednesday, with London striking another record pinnacle on the sliding pound and rebounding commodity prices. Sterling fell as weak official trade data offset bright industrial output figures — and the currency’s slide gave a fresh impetus ...
Smoking costs the world’s economies over $1 trillion every year
January 10th, 2017
Policies to control tobacco use, including tobacco tax and price increases, can generate significant government revenues for health and development work, according to a new landmark global report from WHO and the National Cancer Institute of the United States ...
Brokers used in-and-out trading strategy to defraud customers
January 10th, 2017
The Securities and Exchange Commission today charged two New York-based brokers with fraudulently using an in-and-out trading strategy that was unsuitable for customers in order to generate hefty commissions for themselves. The SEC’s complaint alleges that Gregory T. Dean ...
Bitcoin’s Price Volatile at $900 as China Concerns Linger
January 10th, 2017
Bitcoin prices experienced intense price volatility on 9th January, continuing a trend that’s been the new normal since late last week. Prices fell nearly 5% in less than two hours across global exchange today, declining from an opening price ...
Inflation to Hurt UK Consumers in 2017?
January 9th, 2017
Ever since the onset of the financial crisis nearly a decade ago, central banks have been struggling to revive inflationary pressures mostly through easy monetary policy. After all, rising prices can shore up demand and allow businesses to rake ...
Sayōnara, Humans: Japanese Company Replaces Its Workers with AI
January 9th, 2017
34 workers at a Japanese insurance company are being laid off and replaced with an artificial intelligence (AI) system. Fukoku Mutual Life Insurance, seeking greater efficiency in calculating their payouts to policyholders, will soon replace many of its office ...
Competition concerns over Mastercard/VocaLink merger
January 4th, 2017
Mastercard UK Holdco Ltd, a subsidiary of Mastercard International Incorporated (Mastercard), is buying VocaLink Holdings Ltd (VocaLink). It already owns and operates credit and debit card schemes Mastercard, Maestro and Cirrus, and has also bid to supply infrastructure services ...
AMF lauches a consultation on modifications to its general regulation
January 4th, 2017
Law no. 2016-1691 of 9 December 2016 on transparency, the fight against corruption, and the modernisation of economic life (the “Sapin II” Law) introduces a change in the system of intermediation in miscellaneous property, as set out in Article ...
The Nigerian Fintech landscape expands
January 3rd, 2017
Africa has caught the world’s attention with its advancements in the financial technology (fintech) space and usage of mobile money. The Nigerian fintech landscape, specifically, has the capability to become one of the most significant leaders in Africa’s innovation. ...
Euronext makes irrevocable cash offer to acquire LCH.Clearnet SA
January 3rd, 2017
Euronext has made an irrevocable all-cash offer to LCH.Clearnet Group Limited (“LCH.Clearnet Group”) and London Stock Exchange Group plc (“LSEG”) to acquire LCH.Clearnet SA (“Clearnet”), in relation to which terms and conditions have been agreed. Clearnet has commenced a ...
