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Banks

The logo of UBS bank

UBS Unit to Pay More Than $2.9 Million to Investors in Puerto Rico

02/09/2015(0)
Bank’s wealth-management unit ordered to pay two investors for losses tied to island’s municipal bonds UBS AG’s wealth-management unit was ordered to pay more than $2.9 million to two ... Read More
The corporate logo of financial firm Morgan Stanley is pictured on a building in San Diego

Morgan Stanley: Central Banks Are Playing a Game of Chess That Results in an Endless Cycle of Easing

02/09/2015(0)
The struggle for inflation is real and strategic After the European Central Bank decided to initiate an asset purchasing program, President Mario Draghi reportedly elected to unwind with a game ... Read More
citigroup-inc

Citi sells Hungary consumer banking business to Erste Group

02/09/2015(0)
Citigroup Inc (C.N) agreed to sell its consumer banking business in Hungary to Austria’s Erste Group Bank AG (ERST.VI) as the third-biggest U.S. bank by assets continues to divest ... Read More
chinese-flag

China’s market-oriented reforms help promote global growth: Chinese official

01/09/2015(0)
China’s recent market-oriented economic reforms, including devaluing its currency and cutting interest rates, help to keep the domestic economy growing and by extension, the global economy, a top Chinese ... Read More
Bank-of-Scotland

Bank of Scotland is most complained-about bank, watchdog reveals

26/08/2015(0)
More than 20,000 complaints about bank dealt with by financial ombudsman in first half of 2015, with Barclays and Lloyds also prompting many complaints Bank of Scotland, Barclays and Lloyds ... Read More
China-sanghai-stocks

China shares rise amid sharp volatility

26/08/2015(0)
Chinese shares were up amid volatile trade as traders gauge the effect of a fresh rate cut by the central bank. The mainland’s benchmark Shanghai Composite was 3.1% higher ... Read More
cryptocurrency--bitcoin

Bitcoin 2.0: What do banks want from blockchains?

25/08/2015(0)
Most financial institutions are currently in stealth mode, trying to wrap their heads around some version or other of a blockchain, the shared ledger system made famous by Bitcoin. ... Read More
Four-US-Banks

U.S. banks moved billions in trades beyond CFTC’s reach

24/08/2015(0)
This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly ... Read More
wall-street-walks

Banks fine tally since crisis hits $US260bn

24/08/2015(0)
The wave of fines and lawsuits that has swept through the financial industry since the 2007-08 crisis has cost big banks $US260 billion, new research from Morgan Stanley shows. ... Read More
BNP Paribas

Bnp Paribas: PAYING WITH A SELFIE

06/08/2015(0)
MasterCard caused a stir a few weeks ago by announcing a September 2015 trial release of its new online payment method: the selfie. An initial group of 500 customers will test the ... Read More
Broker Cyprus TopFX