Search Results for: UBS
Libor trader sues FCA over lifetime ban
February 23rd, 2017
Former UBS trader Tom Hayes is to sue the Financial Conduct Authority over the lifetime ban it placed on him after he was jailed for 11 years over his role in the Libor-rigging scandal. Hayes was the first to ...
Wall Street Blockchain Alliance Adds Blockchain Intelligence Group as Corporate Member
February 23rd, 2017
The Wall Street Blockchain Alliance (WSBA), a 501 (c)(6) non-profit trade association, has announced that Blockchain Intelligence Group (BIG) has joined the organization as its newest corporate member. BIG’s proprietary Blockbits, BitRank and Qlue products provide real-time search, data ...
Two leading global law firms to merge
February 23rd, 2017
Combination brings together two leading global law firms US practice will have approximately 1,000 lawyers New York office will rank among the city’s 25 largest with more than 300 lawyers Washington, DC office will grow to more than 130 ...
Global brokerage BGC Partners pays $90,000 penalty
February 23rd, 2017
BGC Partners (Australia) Pty Limited (“BGC”) has paid a total penalty of $90,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“MDP”). The MDP had reasonable grounds to believe that BGC had contravened subsection 798H(1) ...
Ex-Forex Traders jailed for false trades
February 22nd, 2017
Ex-Deutsche Bank trader Toh sentenced to eight weeks Former HSBC senior dealer Chng handed 15-week sentence Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc were sentenced to jail terms of as long as 15 weeks ...
Analysts see the oil price to hit $70 by year end
February 22nd, 2017
Crude oil prices could shoot up to $70 a barrel by the end of 2017 as supply and demand levels continue to rebalance in coming months, according to analysts at Citi. Nearer-term, the research team has raised price estimates ...
These are the fastest growing private companies in Europe
February 22nd, 2017
Swedish watches and accessories retailer Daniel Wellington was the fastest growing entrepreneurial company in Europe over the past three years, topping Inc. Magazine’s third annual Inc. 5000 Europe list. The Inc. 5000 Europe represents the only comprehensive look at ...
Thomson Reuters provides Financial Markets with European Elections News and Analysis
February 22nd, 2017
Thomson Reuters has launched a dedicated app on its flagship desktop product Eikon that provides financial professionals with a one-stop location for market and economic data, news, and analysis leading up to and after the 2017 elections in The ...
EU to battle corporate tax scams
February 22nd, 2017
European Union finance ministers have agreed on new measures to close some tax loopholes that have enabled multinational companies operating in both EU and non-EU countries to avoid paying taxes… but not right away. EU finance ministers meeting in ...
China leads FinTech industry in Asia
February 21st, 2017
China is home to six of the world’s 22 venture capital-backed financial technology ‘unicorns’ — start-ups valued from US$1 billion Mega deals in China drove the total amount of funding raised by venture capital-backed financial technology start-ups in Asia to ...