Search Results for: UBS AG
The dollar climbed 0.4 percent to 112.78 yen
November 30th, 2016
Output pact under threat as day of Vienna meeting dawns Greenback climbs with Treasuries premium at nine-year high Oil held below $46 a barrel ahead of a make-or-break OPEC meeting on stabilizing the crude market, while the dollar headed ...
Calypso partners with R3 to build distributed ledger applications for financial services
November 29th, 2016
Calypso Technology has become the first firm to partner with R3 to develop capital markets applications on its Corda distributed ledger-based smart contract platform. The two firms are currently developing a multi-party trade confirmation solution and testing it with ...
Barclays announces completion of sale
November 28th, 2016
Barclays has completed the sale of its Wealth and Investment Management (WIM) business in Singapore and Hong Kong to Bank of Singapore Limited, the wholly-owned private banking subsidiary of Oversea-Chinese Banking Corporation Limited (OCBC). Barclays WIM in Singapore and ...
The economic consequences of Mr Modi
November 26th, 2016
Two weeks ago, India’s Prime Minister Narendra Modi demonetised an estimated 86% of rupees in circulation, offering conversion into a bank account or into smaller currency notes until 31 December, after which these notes will have no redemption value. ...
Fraud involving VAT on goods costs EU tax payers an estimated €50 billion a year
November 25th, 2016
VAT reform: how MEPs intend to tackle the €50 billion a year fraud Fraud involving VAT on goods exported to other member states costs EU tax payers an estimated €50 billion a year. The European Commission has come up ...
Bank of Japan published Overview of the Tokyo Money Market Survey
November 25th, 2016
Introduction The Financial Markets Department of the Bank of Japan (the Bank) has conducted the Tokyo Money Market Survey since 2008 to understand developments in the Japanese money market. Initially, this series of surveys was conducted every other year. ...
PwC comments on EU’s proposed changes to finalise Basel III and start implementing Basel IV
November 25th, 2016
Earlier this week , the European Commission published its first proposals for revised rules to calibrate capital and liquidity requirements – in the form of a Directive and a Regulation (“CRD V”& “CRR II”), as well as amendments to ...
Next new trading participant at SIX Swiss Exchange
November 25th, 2016
Following the legal restructuring at Credit Suisse, SIX welcomes Credit Suisse (Switzerland) Ltd. as a new participant. The new Swiss legal entity is a wholly owned subsidiary of Credit Suisse AG and covers its Swiss business. With the admission of ...
Oil prices fall on renewed doubts on OPEC-led production cut
November 23rd, 2016
Oil prices fell in Asian trade on Wednesday, reversing earlier gains, as doubts re-emerged over whether OPEC would agree to a crude oil production cut at a ministerial meeting next week. A strong dollar, which traded near the 13 ...
Goldman Sachs Drops Out of R3 Blockchain Group
November 22nd, 2016
Goldman Sachs Group Inc. has dropped out of the R3 CEV LLC blockchain group. The investment bank was one of nine original members of R3, founded in 2014 to explore the use of the distributed database technology in Wall Street infrastructure. ...
