Search Results for: UBS Group
Advanced Markets Teams with Fortex in Joint Venture
June 15th, 2015
FAM Clearing, LLC to Deliver Prime-of-Prime Service and End-to-End Trading Technologies to FX Market Lacking Access to Bank Prime Services Advanced Markets, a wholesale provider of liquidity, technology, and credit solutions to banks and brokers and Fortex, Inc., a leading ...
Brussels talks halted as pressure on Greece mounts
June 12th, 2015
The International Monetary Fund has withdrawn its delegation from negotiations in Brussels aimed at breaking an impasse and unlocking crucial loans, citing significant differences with the Greek side following another round of talks between Prime Minister Alexis Tsipras, German ...
Developing Countries Face Tough Transition in 2015 with Higher Borrowing Costs and Lower Prices for Oil & Other Commodities
June 11th, 2015
Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing costs as they adapt to a new era of low prices for oil and other key commodities, resulting in a fourth consecutive ...
Deutsche Bank’s grip on Asia FX market may slip on Jain’s exit
June 11th, 2015
The exit of Deutsche Bank co-chief executive Anshu Jain may see the lender surrender its strong position in Asia’s fast growing foreign exchange and fixed income markets, with incoming CEO John Cryan expected to cut some of the capital-intensive ...
RBS Stake Sale by U.K. Government to Begin in Coming Months
June 11th, 2015
Chancellor of the Exchequer George Osborne said he’ll start returning Royal Bank of Scotland Group Plc to private ownership in the “coming months,” even though it may cause a loss for U.K. taxpayers. Shares will be sold to institutional ...
PM Tsipras hopes for breakthrough in talks with Merkel, Hollande in Brussels
June 10th, 2015
Greek Prime Minister Alexis Tsipras is due in Brussels on Wednesday with the key goal of meeting German Chancellor Angela Merkel and French President Francois Hollande on the sidelines of a summit of leaders from European Union and Latin ...
Justice Department Readies New Bank Settlements
June 5th, 2015
Federal and state officials are preparing the next round of billion-dollar mortgage settlements involving U.S. and European banks Up to nine banks are in line for the next round of billion-dollar payments related to soured mortgages as federal and ...
SafeCharge: Strategic partnership and investment
June 3rd, 2015
SafeCharge (AIM: SCH), the global provider of payments services, technologies and risk management solutions for online and mobile businesses, announces that it has agreed to enter into a strategic partnership with German based FinTech Group AG (“FinTech”) which is ...
IOSCO: Joint Forum releases report on credit risk management across sectors
June 3rd, 2015
Today the Joint Forum released its report Developments in credit risk management across sectors: current practices and recommendations. The report provides insight into the current supervisory framework around credit risk, the state of credit risk management at firms and ...
Biggest MasterCard Issuers Scuttled Deal on Target Data Breach
June 3rd, 2015
Citigroup, Capital One and J.P. Morgan Chase vetoed MasterCard’s deal with Target over hacked credit-card data Citigroup Inc., Capital One Financial Corp. and J.P. Morgan Chase & Co. rejected a $19 million pact backed by MasterCard Inc. last month over the huge Target Corp. data breach, resulting in the settlement’s unexpected ...
