Search Results for: UBS AG
So how big are Saudi Arabia’s oil reserves, really?
July 7th, 2016
“How much oil lies beneath the desert sands of Saudi Arabia and how long will it last before running out?” is a question that has intrigued and confounded oil experts for five decades. The kingdom has proven reserves of ...
VW Will Spend $14.7 Billion to Settle emissions scandal;the largest settlement ever paid by an automaker
July 7th, 2016
Volkswagen will spend $10 billion on affected car buybacks, $4.7 billion to “mitigate pollution” in the TDI emissions settlement. The estimated cost of Volkswagen’s U.S. diesel emissions cheating just rose by half—to nearly $15 billion, the largest settlement ever paid by ...
Swiss bank Vontobel offers bitcoin trading
July 7th, 2016
Vontobel has become the first Swiss issuer to offer a tracker certificate on bitcoins for subscription. Investors who expect a positive development in the bitcoin price can now for the first time participate in this performance with a product ...
CFTC Orders Barclays Bank PLC to Pay a $560,000 Penalty
July 7th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Barclays Bank PLC (Barclays) for failing to submit accurate large trader reports (LTRs) for physical commodity swap positions, in violation of Section 4s(f) of ...
INTL FCStone Inc. completes an acquisition
July 6th, 2016
INTL FCStone Inc. Substantially Completes the Acquisition of the Correspondent Clearing and Independent Wealth Management Businesses from Sterne Agee LLC INTL FCStone Inc. (NASDAQ:INTL) (“INTL”) announced that it has substantially completed, effective July 1, 2016, its acquisition of the ...
Baydonhill relaunches as EarthportFX
July 6th, 2016
Earthport, the leading payment network for cross-border transactions, is pleased to announce that its subsidiary, Baydonhill, which was acquired in 2013, has re-launched as EarthportFX. EarthportFX will offer clients direct access to FX and payment services utilised by some ...
GMO CLICK published monthly preliminary report for June 2016
July 5th, 2016
GMO CLICK Holdings, Inc. today released the following monthly preliminary report of its subsidiaries for June 2016. Source: GMO CLICK
Bank of England published Financial Stability Report
July 5th, 2016
It is the statutory responsibility of the Financial Policy Committee (FPC) to identify, monitor and take action to remove or reduce systemic risks, with a view to protecting and enhancing the resilience of the UK financial system. By fulfilling ...
Monex Group reports business metrics for June 2016
July 5th, 2016
Monex Group Inc. issued an announcement of Monthly Disclosure for June 2016 Monex Group, Inc. today reported the following monthly business metrics of its subsidiaries in June 2016. (Notes) 1. DARTs stand for Daily Average Revenue Trades meaning the number of ...
Reserve Bank of Australia decided to leave the cash rate unchanged
July 5th, 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the ...
