Search Results for: UBS AG
The ECB and John Law
March 21st, 2016
Last week, the ECB extended its monetary madness, pushing deposit rates further into negative figures. It is extending quantitative easing from sovereign debt into non-financial investment grade bonds, while increasing the pace of acquisition to €80bn per month. The ...
Vladimir Putin Starts His Own Ratings Firm
March 18th, 2016
Moody’s, Fitch forced to stop national ratings under new rules Kremlin had condemned barrage of downgrades as political Vladimir Putin’s homegrown credit-ratings firm is up and running and foreign competitors are already feeling the heat. In the past three ...
Toshiba confirms SEC investigation as accounting woes spread to US
March 18th, 2016
Securities commission and justice department examining ‘accounting problem’ at US units, says Japanese corporation, amid profit-padding crisis Toshiba has announced its US businesses are cooperating with authorities over alleged accounting irregularities and is to cut a further 3,000 jobs. The ...
European farmers in crisis: EU Commission activates measures to support them
March 17th, 2016
European Commission activates exceptional measures to further support European farmers in crisis “This is a package of measures which can have a material and positive impact on European agricultural markets and it should now be given the chance to ...
Gas in Mediterranean: Beware from false expectations
March 17th, 2016
The Eastern Mediterranean contains a cluster of proven gas fields that are capable of contributing significantly to both national and regional energy security. But there is a very real danger that the peoples of all three countries that have ...
NYSE Completes Move To A New Regulatory Approach And Announces Key Leadership Appointments
March 17th, 2016
The New York Stock Exchange, a subsidiary of the Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges, today announced it has completed the transition of its regulatory services, along with two leadership appointments in the areas of Listings ...
Shareholders of J.P. Morgan and Citigroup will vote about the potential the banks break up into smaller pieces
March 17th, 2016
The proposal will be included in the banks’ proxy filings at the request of a shareholder activist Shareholders of J.P. Morgan Chase & Co. and Citigroup Inc. will get to vote later this year on one of the most ...
Why Latin American economies are turning to bitcoin
March 17th, 2016
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the ...
Sugar tax surprise in Budget – but growth forecasts cut
March 17th, 2016
George Osborne has unveiled a tax on sugary drinks in a wide ranging Budget dominated by gloomier growth forecasts. The chancellor blamed the slowdown on a “dangerous cocktail” of global risks and said the UK had to “act now ...
Interview with The Guardian
March 15th, 2016
Interview with Mario Draghi, President of the ECB, conducted by Shiv Malik on 18 February 2016 and published on 11 March 2016 What does the ECB’s own research on incomes and younger generations say? During the great recession, the young ...