Search Results for: UBS Group
ASIC warns AFS licensees to lodge financial statements and auditor’s reports on time
October 6th, 2016
ASIC has been pursuing Australian Financial Services (AFS) licensees that have failed to meet their obligation to lodge their annual financial statements and auditor’s reports with ASIC within the specified timeframe. Licensees with a financial year ending 30 June ...
What the recent OPEC deal means for oil prices
October 6th, 2016
The September 28 Algiers accord by Opec to cap production within a range of 32.5 million to 33 million barrels per day was unexpected but very positive for sentiment. This was the first time Opec decided to trim output ...
America is on a slippery slope
September 30th, 2016
It hadn’t happened before, at least not since US presidents started visiting foreign countries after the Second World War. In early September, when President Obama landed at Hangzhoi for the G-20 summit in early September, the CIA security men ...
Thailand’s leading commercial bank adopts Bloomberg’s multi-asset risk solution
September 26th, 2016
Bloomberg, the global business and financial information and news leader, today announced that Thanachart Bank, Thailand’s sixth largest bank by asset size, has selected Bloomberg’s multi-asset risk solution (MARS) for counterparty risk management. A subsidiary of Thanachart Group, Thanachart ...
Switzerland’s Supreme Court Permits Dutch Tax Info Request
September 22nd, 2016
Switzerland’s Supreme Court has overturned the decision of a lower court preventing information on bank accounts held by Dutch citizens with UBS to be sent to the Netherlands tax authority. Upholding an appeal by a Dutch client of Swiss ...
Accounting software maker prepares for IPO
September 21st, 2016
Accounting software maker BlackLine Inc is preparing for an initial public offering that could value it at more than $1 billion, including debt, people familiar with the matter said on Tuesday. An IPO of Los Angeles-based BlackLine, which the ...
The European Court of Justice decides to say “no” to Cypriot claims of bail in
September 20th, 2016
The European Court of Justice has issued a press release to make public its decision that confirms the dismissal of the actions for annulment and dismisses on the merits the actions for compensation concerning the restructuring of the Cypriot banking sector. ...
Fintech Firm Ripple raises $55 Million In funding
September 16th, 2016
Ripple set out to solve a global problem, with far-reaching implications and significant obstacles. Where others struggle to find a use case and a market, Ripple has turned customers into investors, and capital into commercial deployments of our solutions. ...
The impoverishment of the masses
September 14th, 2016
Feudal and mercantilist economic systems were characterised by the lower orders of ordinary people being enslaved by, or subjected to, the commands of an elite. Beyond basic subsistence, serfs and slaves were not enabled to consume other goods, nor ...
Japanese bonds are headed for their worst quarter in 13 years
September 12th, 2016
‘It’s simply a misunderstanding’ by market: Tokai Tokyo’s Sano Falling liquidity exposes market to spike in yields, Sano says Japan bond superbull Kazuhiko Sano remains committed to his stance that’s been vindicated since 2012 despite a recent surge in ...