Search Results for: UBS
Breaking: Saxo Bank announces new shareholder; Key shareholder to own 30% of Saxo Bank
May 5th, 2017
Saxo Bank, a leading multi-asset trading and investment specialist, has issued an announcement today to inform that Lars Seier Christensen, co-founder of Saxo, has received an offer and agreed to sell his stake of 25.71 per cent of the ...
Western Union reports revenue of $1.3 billion for Q1 2017
May 4th, 2017
The Western Union Company (NYSE: WU) today reported first quarter financial results and affirmed its outlook for 2017, which was previously provided on February 9, 2017. In the first quarter the Company generated revenue of $1.3 billion, which was ...
European markets get a lift from perceived Macron debate win
May 4th, 2017
European stocks got a lift Thursday after centrist French presidential candidate Emmanuel Macron was perceived to have gotten the better of the far-right’s Marine Le Pen in a debate and a survey showed economic growth in the 19-country eurozone ...
IG Group offers first retail IPO on its Investment Platform
May 4th, 2017
IG Group, a global leader in online trading and investing, is offering access to retail IPOs on its Investment Platform for the first time. IG launched the service today, with applications now open for the Global Ports Holding IPO. ...
Year 2018 will come with significant changes in the rules for systematic internalisers, MiFID II and MiFIR
May 3rd, 2017
On 3 January 2018, significant changes in the rules for systematic internalisers will enter into force together with the revised Markets in Financial Instruments Directive II (MiFID II) and Markets in Financial Instruments Regulation (MiFIR). While the directly applicable ...
DTCC repo clearing services gain regulatory approval
May 3rd, 2017
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that the Securities and Exchange Commission (SEC) has approved rule changes allowing its Fixed Income Clearing Corporation (FICC) subsidiary ...
Dukascopy announced French Presidential election weekend leverage extension
May 2nd, 2017
Dukascopy has announced that due to possible volatility that the outcome of round two of the French Presidential election between the final two candidates Mrs Marine Le Pen and Mr Emmanuel Macron may cause to financial markets, Dukascopy will ...
The Bank of Russia decided to reduce the key rate to 9.25% p.a.
May 2nd, 2017
On 28 April 2017, the Bank of Russia Board of Directors decided to reduce the key rate to 9.25% per annum. The Board notes that inflation is moving towards the target, inflation expectations are still declining and economic activity is recovering. At the same time, inflation risks ...
End of empire
April 30th, 2017
“Already, China dominates world trade. Her own economy is already significantly larger than that of the US on the PPP estimates. While being the largest consumer of raw materials, China also exports more finished goods by value than any ...
Daimler AG reports 10% increase in unit sales; First Quarter 2017 results
April 28th, 2017
Unit sales significantly above prior-year level at 754,300 vehicles (+10%) Revenue up by 11% to €38.8 billion Group EBIT is 87% above prior-year level at €4,008 million Net profit doubles to €2,801 million Free cash flow of the industrial ...
