Search Results for: UBS
Saudi economy is resilient, says World Bank expert
February 8th, 2016
Saudi Arabia has five years’ worth of reserves at current spending levels and oil prices, Shantayanan Devarajan, chief economist of the World Bank’s Middle East and North Africa Region said in an interview with Tass. “The fact is that ...
LinkedIn reports 2015 results; Revenue increased 35% in 2015 to $2,991 million
February 8th, 2016
LinkedIn Corporation (NYSE: LNKD), the world’s largest professional network on the Internet, reported results for the fourth quarter and full year 2015. “Q4 was a strong quarter for LinkedIn, bringing to a close a successful year of growth and ...
CMC Markets lists on the London Stock Exchange
February 8th, 2016
Following the announcement by CMC Markets plc (the “Company” and, together with its subsidiaries, “CMC” or the “Group”) on 26 January 2016 of the price range for the initial public offering of its ordinary shares (the “Offer” or “IPO”), ...
Interview with Wall Street Journal
February 5th, 2016
Interview with Yves Mersch, Member of the Executive Board of the ECB, conducted by Brian Blackstone and Tom Fairless on 1 February 2016 Over the last few months we’ve seen oil and commodity prices bringing down inflation. How worried ...
Swiss bank cooperates with US as 2 ex-bankers plead guilty
February 5th, 2016
Swiss bank Julius Baer, facing a criminal charge, has agreed to pay $547 million and cooperate for three years with American authorities to shut down accounts that enabled wealthy Americans to evade taxes, authorities announced Thursday. Before lawyers for ...
CMA publishes issues statement in Ladbrokes/Coral merger
February 5th, 2016
The UK’s primary competition and consumer authority, the Competition and Markets Authority (CMA), has issued a press release to make publish the issues statement as part of its investigation into the anticipated merger between Ladbrokes and certain businesses of ...
This Is Really Bad For Banks
February 4th, 2016
Once upon a time, falling interest rates were great for banks. A lower cost of capital gave lenders access to cheap raw material while causing borrowers to clamber for what banks were selling. Large profits usually ensued. But not ...
European Economy forecast, challenges and risks
February 4th, 2016
The European Commission has issued a press release to inform regarding Winter 2016 Economic Forecast; Weathering new challenges The European economy is now entering its fourth year of recovery and growth continues at a moderate rate, driven mainly by consumption. ...
EY launches fintech secondment programme for startups
February 4th, 2016
EY and Innovate Finance – the world’s largest membership association for FinTech, today announced the launch of a FinTech secondment programme. As the only Big Four member of Innovate Finance, EY will second members of staff into Innovate Finance ...
Credit Suisse announces full-year and 4Q15 results
February 4th, 2016
Credit Suisse reported Group FY2015 pre-tax loss of CHF 2,422 million and 4Q15 pre-tax loss of CHF 6,441 million, including substantial charges which are not reflective of our underlying business performance: goodwill impairment of CHF 3.8 billion, restructuring costs ...
