Search Results for: UBS
Pound to Euro Exchange Rate: Week Ahead Forecast
February 6th, 2017
Pound Sterling has pulled reversed recent gains against th Euro after being rejected at highs at 1.18 and is seen valued at 1.1580 ahead of the new week. Although the fundamental backdrop looks marginally more supportive to the Euro ...
Price controls and propaganda
February 5th, 2017
Most economists agree on one thing; price controls do not work. Many go on to say they create shortages of goods, which inevitably drives black market prices even higher than they would otherwise be. Price controls were last tried ...
Virtual reality lawsuit costs Facebook $500m
February 2nd, 2017
Facebook-owned virtual reality company Oculus has been ordered to pay out half a billion dollars to rival games company ZeniMax. The lawsuit between Oculus and ZeniMax centred on allegations that Oculus chief executive officer Palmer Luckey had violated a ...
NASDAQ reports fourth quarter 2016 with record revenues
February 1st, 2017
NASDAQ reports fourth Quarter 2016 with record revenues1; announces segment realighment and rebranding of fixed income Net revenues were a record $599 million in the fourth quarter of 2016, up 12% year-over-year. Subscription and recurring revenues2 in the fourth ...
PKF International Network signed a new firm
February 1st, 2017
It has been a successful start to the year for PKF International, with the signing of Frazier & Deeter LLC, one of the top 100 firms of Certified Public Accountants (CPA) in the US, to re-join its global network ...
Solactive launches Solactive Swiss Family Owned
January 31st, 2017
Solactive is announcing the release of the Solactive Swiss Family Owned Companies Index, an index tracking the price movements of publicly traded family-owned companies that are domiciled and listed in Switzerland. The index is used as the basis for ...
FCA fines Deutsche Bank £163 million for serious anti-money laundering controls failings
January 31st, 2017
Soon after the New York’s Department of Financial Services fined Deutsche Bank $425 million for Russian Mirror-Trading scheme, the U.K. regulators FCA announced a fined of £163,076,224 to Deutsche Bank AG for failing to maintain an adequate anti-money laundering ...
Ford posts Q4 net loss on accounting shift
January 31st, 2017
After posting a fourth-quarter net loss mainly because of accounting changes, Ford Motor Co. finished 2016 with a $10.4 billion pre-tax profit, down slightly from record results in 2015. Fourth-quarter pre-tax profit was $2.1 billion, down $500 million due ...
US Dollar Predicted to Turn Higher
January 31st, 2017
The Dollar has struggled through the course of 2017 as the solid run higher noted in late 2016 fades. There are a number of cause being attributed for the weakness; yet as we note in this piece consensus is ...
Deutsche Bank fined $425 million; the Bank allowed traders to engage in a Money-Laundering scheme
January 31st, 2017
The New York State Department of Financial Services (DFS) has issued an announcement to inform for a $425 Million fine imposed to Deutsche Bank. The Bank Allowed Traders to Engage in a Money-Laundering Scheme Using “Mirror Trades” That Improperly ...
