Search Results for: UBS AG
Morgan Stanley to face insider trading charges
November 2nd, 2015
The lawsuit is being brought by a Russian billionaire and it stems from the financial crisis. In a trial starting on Monday, Morgan Stanley will confront a Russian billionaire’s claims that it illegally short-sold a company based on inside ...
Visa To Keep UK Presence After BoE Steps In
November 2nd, 2015
The Bank of England wants Visa Inc to keep a big UK presence after the $23.5bn takeover of Visa Europe, Sky News learns. The Bank of England has told the credit card giant Visa to keep a substantial presence ...
Saudi Arabia reacts sharply to S&P downgrade of kingdom’s debt rating
November 2nd, 2015
Saudi Arabia yesterday reacted sharply to Standard & Poor’s move to downgrade the kingdom’s debt rating. The debt rating agency said it would downgrade Saudi Arabia’s long-term rating a notch, from AA- to A+ with “a negative outlook”, citing ...
CySec informs regarding the Continuance of Suspension of CIF license of an investment firm
November 2nd, 2015
The Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform on its decision in the meeting dated 26 October for Continuance of Suspension of CIF licence of the firm ‘Falcon Brokers Ltd’ with number 128/10. ...
Scariest Events from the Financial World: 2000 to Present
October 30th, 2015
It’s no secret that the global financial markets offers a ton of opportunity, but can be equally as scary. There are so many factors at play in the free flow of trillions of dollars each day that it’s ...
NYDFS Announces Goldman Sachs to Pay $50 Million
October 30th, 2015
NYDFS Announces Goldman Sachs to Pay $50 Million; Accept Three-Year Regulatory Consulting Abstention; Admit Failure to Supervise For Banking Law Violations Goldman Sachs Employee Schemed to Steal Confidential Regulatory Information, and Improperly Shared that Information with Other Goldman Employees ...
Fiat money quantity update
October 30th, 2015
After a few months of slower growth, FMQ has picked up again. FMQ is the sum of True Money Supply (as defined by the Austrian School of Economics), plus the banking system’s reserves and other banking-related liabilities on the ...
The accounting trick that helps multinationals avoid paying tax
October 30th, 2015
Chevron Australia’s aggressive tax strategies have resulted in an additional $322 million tax bill, but this may only be the beginning of the energy giant’s woes with the Australian Taxation Office. And others could face the same headache. The ...
Euronext expands global reach to Hong Kong
October 30th, 2015
Regulatory approval given for Hong Kong domiciled trading firms to become Members of the Euronext Paris derivatives market Euronext today announced that it has received approval from the Hong Kong Securities and Futures Commission (“HKSFC”) to provide automated trading ...
CME Group Inc. Reports Strong Third-Quarter 2015 Financial Results
October 29th, 2015
– Third-quarter 2015 revenues rose 12 percent to $850 million – Third-quarter 2015 adjusted net income of $344 million and adjusted diluted earnings per share of $1.02 both grew more than 20 percent(1) CME Group Inc. (NASDAQ: CME) today ...
