Search Results for: UBS Group
R3 partners with Monetary Authority of Singapore to launch Asia Blockchain Centre of Excellence
November 9th, 2016
Financial innovation firm R3 has collaborated with the Monetary Authority of Singapore (MAS) to launch its first dedicated distributed ledger technology (DLT) Center of Excellence in Asia as it continues to expand its presence in the region. As Singapore’s ...
FXCM Inc. announces Third Quarter 2016 Results
November 8th, 2016
FXCM has issued an announcement to publish Third Quarter 2016 Results. Releases October 2016 Customer Trading Metrics Third Quarter 2016 Highlights: U.S. GAAP net revenues from continuing operations of $61.4 million U.S. GAAP net loss attributable to FXCM Inc. ...
Bank fined $215 Million by DFS for violating Anti Money Laundering Laws
November 7th, 2016
DFS Investigation Uncovers Intentional Actions to Obscure U.S. Dollar Clearing Transactions, Including Counterfeit and Falsified Invoices involving China and Russia and Omission of Information Regarding Possible U.S. Dollar Trades with Sanctioned Counterparties Bank Management Silenced and Severely Curtailed the ...
U.K. Court Puts Brexit in Hands of Parliament
November 4th, 2016
A U.K. court put a hurdle in the country’s route out of the European Union, ruling that Prime Minister Theresa May can’t start the process without approval from Parliament. The High Court decision offers a potential opening to lawmakers to disrupt ...
Commerzbank CET 1 Capital Ratio Increased to 11.8%
November 4th, 2016
Operating profit of €429 m for third quarter 2016 compared to €351 m for second quarter 2016 (Q3 2015: €452 m) CET 1 capital ratio increased to 11.8% as of end of September 2016 (end of June 2016: 11.5%; ...
42 Banks Join New Japanese Blockchain Consortium
November 2nd, 2016
42 banks are joining a newly-created Japanese blockchain consortium to enhance the cross-border payment industry. The consortium will focus on research and development, and will cover domestic and foreign exchange services by utilizing blockchain technology. The Japanese blockchain organization ...
Standard Chartered faces sanctions over Hong Kong flotation
November 1st, 2016
Standard Chartered has become ensnarled in another regulatory problem after admitting it faced potential sanctions from the Hong Kong authorities over its handling of a stock market flotation. As the London-listed bank reported its third quarter results, it admitted that ...
Thomson Reuters Reports Third-Quarter 2016 Results; Revenues were essentially unchanged
November 1st, 2016
Thomson Reuters (TSX / NYSE: TRI) today reported results for the third quarter ended September 30, 2016. “It is encouraging to see our continued progress flow through in the third-quarter numbers,” said Jim Smith, president and chief executive officer ...
Accounting software firm plans to float on the London Stock Exchange
October 31st, 2016
FreeAgent, the Edinburgh-based provider of accounting software, has unveiled plans to float on the London Stock Exchange. Led by chief executive and co-founder Ed Molyneux – a former RAF fighter pilot – the company is hoping to join the ...
Japanese Financial Institution Set to Launch a Digital Currency Exchange
October 31st, 2016
Japanese financial services group SBI is set to launch a platform that enables the trading and exchange of virtual currencies, citing increasing interest in virtual currencies like bitcoin which is proving popular among everyday investors. An announcement reveals the new company to be ...
