Search Results for: UBS
ECommPay: Regulations of FOREX industry
May 18th, 2016
Forex (FX) regulation is crucial to both security and mutual trust between traders and operators. Companies operating from jurisdictions lacking in regulatory supervision are able to do so in an unfair and illegal manner without facing serious repercussions. Moreover, ...
Moscow Exchange Announces Results for the First Quarter 2016
May 17th, 2016
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the first quarter (1Q) 2016. The quarter saw a significant increase in fee and commission income from the Money Market, FX Market and Derivatives ...
Whistleblower Earns $3.5 Million Award for Bolstering Ongoing Investigation
May 17th, 2016
The Securities and Exchange Commission today announced a whistleblower award of more than $3.5 million to a company employee whose tip bolstered an ongoing investigation with additional evidence of wrongdoing that strengthened the SEC’s case. The SEC noted that ...
The B2 Group selected as 2016 Global Finance Product Innovator for Transaction Services
May 17th, 2016
The B2 Group, provider of financial systems integration solutions, has won the title ‘Product Innovator’ for Transaction Services in the prestigious 2016 Global Finance awards in recognition of its advanced Multi-Bank Integrator™ automated banking platform for corporate cash and ...
ASIC accepts enforceable undertaking from HSBC Bank Australia
May 17th, 2016
ASIC has accepted an enforceable undertaking (EU) from HSBC Bank Australia Ltd (HSBC) that requires HSBC to review and remediate clients who received potentially deficient advice on retail structured products between January 2009 and March 2013. The EU follows ...
Saxo Bank appoints Chief Economist and CIO Steen Jakobsen as co-head of Global Sales Trading
May 17th, 2016
Saxo Bank has announced that Chief Economist Steen Jakobsen will join Theo Papathanasiou as co-head of Global Sales Trading. In conjunction with his new duties, Steen Jakobsen will remain Saxo Bank’s Chief Economist and CIO. The new setup is ...
IMF warns on “very bad” consequences of Brexit
May 16th, 2016
The consequences of Brexit would be “pretty bad, to very, very bad”, according to International Monetary Fund chief Christine Lagarde. Speaking at the launch of the Washington-based lender’s most recent review of the UK economy, Lagarde gave a bleak ...
Gold prices could hit $US1400 by year’s end
May 16th, 2016
US gold prices are up 17 per cent since the start of the year and if the pundits are right, prices could be knocking on the door of $US1400 ($1917) an ounce come the end of the year. Canada’s ...
The Big Four’s push to become the little guy’s friend
May 16th, 2016
Servicing the needs of large corporates remains the Big Four’s heartland. But the top four firms are increasingly attempting to disrupt the smaller reaches of the business market. In the 18 months since KPMG made a £40m sally into the ...
EY to be replaced as BBC auditor
May 16th, 2016
National Audit Office set to replace EY as BBC auditor The current auditor is Big Four firm, EY, who took over the audit from KPMG in 2015. At the time, the BBC signed a three-year contract with EY, with ...
