Search Results for: UBS Group
Student group: Large legal firms are using graduates for “slave labour”, offering unpaid internships
September 24th, 2015
Concerns over ‘slave labour’ for legal graduates at law firms Large legal firms are using graduates for “slave labour”, offering unpaid internships and, in some cases, charging students thousands of dollars for practical legal training, a student group says. ...
London Capital Group reports £8.6 million loss before tax
September 24th, 2015
LONDON CAPITAL GROUP HOLDINGS PLC has issued today an announcement to inform on its Interim Results for the Six Months Ended 30 June 2015. Operating Summary Since the arrival of the new management team in October 2014 there has ...
Swiss Lawmakers to Vote on New Rules for UBS, Credit Suisse
September 16th, 2015
Banks may have to hold larger capital buffers, separate investment banking from other operations Swiss lawmakers may deliver a sharp reminder to the country’s biggest banks, UBS Group AG and Credit Suisse Group AG, that they remain under close scrutiny at ...
Blockchain expert Tim Swanson talks about R3 partnership of Goldman Sachs, JP Morgan, UBS, Barclays et al
September 16th, 2015
Nine of the world’s biggest banks from both sides of the Atlantic and Asia Pacific have agreed to join a partnership to divine a set of common standards and practices towards constructing a shared digital ledger system for financial ...
UBS Building Virtual Coin For Mainstream Banking
September 7th, 2015
Swiss bank UBS is working on a prototype virtual currency that it hopes will be used by banks and financial institutions as a basis to settle mainstream financial markets transactions. But unlike the bitcoin digital currency, the Swiss bank’s ...
UBS Diverts $5 Billion of Asia Deposits to Curb Basel III Costs
September 4th, 2015
UBS Group AG has shifted more than $5 billion of riskier Asia-Pacific deposits into alternative cash investments as new rules raise the cost of holding them. The world’s largest manager of millionaires’ money has helped some clients such as ...
Mergers: Commission clears acquisition of BG Group by Royal Dutch Shell
September 3rd, 2015
The transaction was cleared as it will not grant Shell market power in oil and gas exploration, LNG liquefaction or LNG wholesale supply. Shell will also not be able to prevent competitors from using its gas infrastructure in the ...
Monex Group reported business metrics for August 2015
September 3rd, 2015
Monex Group Inc. has issued today a press release to inform on monthly business metrics of its subsidiaries in August 2015. The following business metrics have been reported: Source: Monex Group – August 2015: Monthly Disclosure
UBS Unit to Pay More Than $2.9 Million to Investors in Puerto Rico
September 2nd, 2015
Bank’s wealth-management unit ordered to pay two investors for losses tied to island’s municipal bonds UBS AG’s wealth-management unit was ordered to pay more than $2.9 million to two investors in Puerto Rico for losses tied to funds holding ...
UBS to pay $1.7 mln settlement over sanctions case – U.S. Treasury
August 28th, 2015
The U.S. Treasury on Thursday said it had reached an agreement with UBS for the Swiss bank to pay a $1.7 million settlement for “apparent violations” to U.S. sanctions. The Treasury’s Office of Foreign Assets Control (OFAC) said in ...