Search Results for: UBS AG
Iranian Miniskirts, Bags of Cash Raise Doubts Over Controls at HSBC
March 30th, 2016
Monitor finds lapses in bank’s efforts to prevent money laundering and evasion of sanctions following 2012 settlement with Justice Department The monitor overseeing HSBC’s compliance with a landmark anti-money-laundering settlement has uncovered a range of potential lapses including loans ...
Most Asian markets up in wake of dovish Yellen remarks, but Nikkei lags
March 30th, 2016
Most Asian markets advanced after remarks from Federal Reserve chair Janet Yellen assuaged concerns about a near-term interest rate hike, but Japan’s shares retreated as the yen strengthened. “Janet Yellen doubled down on dovishness, in a speech full of risks to ...
British and Australian financial regulators sign agreement to support innovative businesses
March 23rd, 2016
Under a new world-first agreement, innovative fintech companies in Australia and the United Kingdom will have more support from financial regulators as they attempt to enter the others’ market. As a result of the agreement signed today, the UK’s Financial ...
UBS and Credit Suisse launch fintech accelerator
March 23rd, 2016
The two largest Swiss banks UBS and Credit Suisse, are partnering with Swisscom, Swiss Life and Ernst & Young to launch a fintech accelerator with an international target audience. Operating under the umbrella of the Kickstart Accelerator, the programme ...
Drinks makers consider legal action against sugar tax
March 21st, 2016
New tax will add 24p a litre to soft drinks with the highest sugar content and cost £1bn to implement Soft drink makers are considering taking legal action against the government over its controversial sugar tax as George Osborne’s ...
UBS publishes Annual Report 2015
March 21st, 2016
UBS has issued an announcement to make publish the Annual Report 2015. According to UBS, the Annual Report 2015 provides comprehensive and detailed information on the firm, its strategy, business, governance, financial performance and risk, treasury and capital management, ...
UBS Securities automates risk and surveillance with Eventus
March 17th, 2016
Eventus Systems, a US-based provider of data processing and analysis solutions, has signed UBS Securities for its flagship Validus risk and surveillance platform. Mark Holder, global co-head of electronic trading at UBS, says Eventus and Validus offered “impressive capabilities ...
Better law-making agreement adopted by the Council
March 16th, 2016
The Council, the European Parliament and the Commission will cooperate more closely to ensure a better delivery to European citizens and businesses. That is the main purpose of a better law-making agreement adopted by the Council on 15 March ...
Deutsche Börse AG and London Stock Exchange Group plc agree to industry-defining merger
March 16th, 2016
Highly complementary combination across divisions and asset classes which accelerates LSEG and DBAG’s respective growth strategies and results in a significantly enhanced product offering for customers. Through its enhanced position in the global market infrastructure sector, well placed to ...
Deutsche Bank and UBS lose bonus tax case
March 10th, 2016
The UK Supreme Court has ruled Deutsche Bank and UBS should pay taxes on bonuses paid to their investment bankers. The bonuses were paid to staff via offshore accounts in the form of shares to avoid attracting income tax ...
