Search Results for: UBS
Investment fraud led to the loss of more than £2.8m of investors’ money
September 10th, 2018
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued an announcement to inform about FCA’s second largest ever criminal prosecution and most complex fraud investigations. Operation Tidworth was ...
European stocks finished deep in the red; The biggest losers in Europe
September 5th, 2018
European stocks finished Tuesday deep in the red, amid fears of a crisis in emerging markets and trade tensions between the U.S. and major economies. The pan-European Stoxx 600 slipped to a two-month low during trade, finishing the session ...
Rakuten e-commerce giant buys a bitcoin exchange
September 3rd, 2018
Rakuten, Inc., the largest e-commerce site in Japan and among the world’s largest by sales, announced that it decided to acquire everybody’s bitcoin Inc. (hereinafter “everybody’s bitcoin”) through its subsidiary, Rakuten Card Co., Ltd. The acquisition is based on ...
Forex trader and firm charged with fraud and registration violations
August 31st, 2018
The Commodity Futures Trading Commission (CFTC) filed a federal court enforcement action in the U.S. District Court for the Southern District of New York against Jason Amada of New York, New York, and Amada Capital Management LLC (ACM), a ...
Euro Pound Sterling (EUR/GBP) exchange rate looks for boost from steady inflation data
August 31st, 2018
Ahead of August’s German and Eurozone consumer price index data the Euro to Pound Sterling (EUR/GBP) exchange rate remained under pressure. However, as forecasts point towards the headline inflation rate remaining steady on the year this could offer the ...
Early Forex Review: Dollar advances against most currencies
August 30th, 2018
The dollar rose against most currencies on Wednesday, as optimism over a U.S.-Mexico trade deal gave way to concern that a conflict over trade between Washington and Beijing was not about to end soon. The deadline for public comment ...
JCB now live with ISXPAY® in the EEA
August 27th, 2018
Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX : ISX | FRA : TA8), the leading payment and identity technology company, is pleased to announce it has achieved certification for its JCB Card acquiring service ...
Trump accuses China, EU of currency manipulation
August 22nd, 2018
President Donald Trump accused China and the European Union of manipulating their currencies as he tries to wrestle concessions from two of the U.S.’s largest trade partners. “I think China’s manipulating their currency, absolutely. And I think the euro ...
Currency Woes
August 17th, 2018
This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of ...
Alternative payments trump traditional rivals in Asia Pacific ecommerce market
August 16th, 2018
Alternative payment methods such as mobile wallets now account for just over half of ecommerce transaction value in Asia Pacific, according to research from GlobalData. The Apac online shopping market is booming, predicted to hit $1.6 trillion this year, ...