Search Results for: UBS
Panama Papers law firm partners get bail
April 25th, 2017
The partners of the law firm at the heart of the Panama Papers scandal were given bail Friday pending further legal action over allegations they helped launder money related to a huge Brazilian bribery case. Juergen Mossack and Ramon ...
DTCC names four new members to Board of Directors
April 25th, 2017
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that four new members have been elected to its Board of Directors. The new directors are Michael Herskovitz, Director ...
European markets continue rally after first round of the French election
April 24th, 2017
European markets continue rally after Macron’s victory; French banks soar; CAC up 4% European markets extended gains during mid-afternoon trade on Monday after centrist French presidential candidate, Emmanuel Macron, won the first round of the French election. The pan-European ...
Grant Thornton UK fined £2.3m over audit failures
April 24th, 2017
Grant Thornton UK LLP (“GT”) and Robert Napper (a retired GT Partner) (together, the “Respondents”), have admitted Misconduct and agreed to fines and other sanctions. This follows the conclusion of the Financial Reporting Council’s (FRC) investigation relating to the ...
VISA reports Net Operating Revenue of $4.5 billion
April 24th, 2017
Visa Inc. (NYSE:V) today announced financial results for the Company’s fiscal second quarter 2017, ended March 31, 2017. Fiscal Second Quarter 2017 Key Highlights: GAAP net income of $430 million or $0.18 per share including special items related to the ...
HKEX and LME announce new LME Chief Executive and leadership structure
April 24th, 2017
Hong Kong Exchanges and Clearing Limited (HKEX) and the London Metal Exchange (LME), a wholly-owned subsidiary of HKEX, are pleased to announce the appointment of Matthew Chamberlain as Chief Executive of the LME effective immediately subject to the approval ...
Oil price projections are so enigmatic right now
April 24th, 2017
Predictions range from a 20-percent reduction (to roughly $42 a barrel) to an exuberant 100-percent increase ($100) by next year. It’s enigmatic that perceptions of market experts are so enormously divergent with regard to the price of any commodity. ...
America’s financial war strategy
April 23rd, 2017
America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to be the opinion of China’s strategic advisors. We analyse the ...
Organisation to set up a common accounting framework for monetary gold
April 21st, 2017
The World Gold Council is now seeking views on the draft guidance provided herein with respect to a recommended practice in accounting for gold. The views of monetary authorities, as well as those of international accounting standards boards, advisory ...
CFTC grants registration to NEX SEF Limited
April 21st, 2017
The U.S. Commodity Futures Trading Commission (CFTC) announced today that it has issued an Order of Registration to NEX SEF Limited (NEX SEF), of London, England, granting it registration status with the CFTC as a Swap Execution Facility (SEF). ...
