Search Results for: UBS Group
The Inverted World of Mobile Capital
July 16th, 2014
A growing number of American companies are seeking to move their legal headquarters abroad by acquiring or merging with foreign companies. In the latest case, Medtronics plans to acquire Irish-based Covidien, a much smaller company spun off by US-based ...
Hedge-Fund Boutiques Show Dubai Nurturing Oasis Trading: Cities
July 16th, 2014
When Ahmad Zuaiter started a frontier-markets hedge fund, the former Soros Fund Management LLC money manager chose Dubai over New York and London. Zuaiter’s Jadara Capital Partners LP and VY Capital Management Co. Ltd. opened in the emirate in ...
Ernst & Young settles SEC accusations for $4 million
July 15th, 2014
Ernst & Young agreed to pay $4 million to settle charges that it compromised its independence. Ernst & Young has agreed to pay $4 million to settle charges by the Securities and Exchange Commission that its auditors illegally lobbied ...
UK Government defends mass interception of online data at tribunal
July 15th, 2014
Mass interception of online communications by intelligence agencies is necessary – even if only one person is being targeted, lawyers for the UK government have told a tribunal hearing complaints about surveillance. The government’s arguments were disclosed as lawyers ...
Asian shares firm, count on Fed’s support
July 15th, 2014
Asian shares rose on Tuesday after Citigroup’s earnings and a fresh round of merger and acquisition activity in the U.S. healthcare industry lifted global share prices. Yet, with elevated stock prices on Wall Street and elsewhere relying substantially on ...
European Stocks Advance With Asia as Gold, Oil Retreat
July 14th, 2014
European and Asian stocks advanced with U.S. equity-index futures after a gauge of global shares suffered its biggest weekly loss in three months. Gold fell from a four-month high, corn slid a 10th day and oil dropped as the ...
Tech earnings may boost market in flux
July 14th, 2014
Move over, underperforming banking sector. This week, major players in the tech space will report second-quarter results, and it could be a boost to a direction-seeking market in flux. Analysts project the tech sector will have a 12.3% growth ...
Alibaba’s Behemoth IPO Making Few Ripples in Washington
July 11th, 2014
Alibaba Group Holding Ltd. (BABA)’s proposal for what could be the largest initial stock offering in U.S. history is sailing through Washington with few bumps. While a federal commission has warned that the offering by the world’s biggest Internet ...
Eurex Enters FX Trading Business, Could Force CME To Reduce Prices
July 11th, 2014
In its recent monthly volumes breakdown, CME Group reported a decline in trading volumes in the last several months over the year-ago period across almost all derivative classes, other than interest rate derivatives, after a solid start to 2014. ...
Google to create European venture capital arm
July 10th, 2014
Google is creating a European arm to its venture capital vehicle, as the internet group seeks to tap into the ideas and money being generated by the continent’s emerging start ups. Google Ventures, which has previously focused its investments ...