Search Results for: USB
Bitcoin Could Change The Derivatives Market, Says UBS Banker
June 22nd, 2015
Bitcoin could change derivatives, in particular settlement, trading and securities issuance according to some individuals, among whom are bankers and technologists. Alex Batlin, who has been a vocal supporter of banks adopting Bitcoin related technologies, told attendees of the ...
Breach at IRS Exposes Tax Returns
May 27th, 2015
Thieves used agency’s online services to get information for about 100,000 households The Internal Revenue Service said Tuesday that identity thieves used one of its online services to obtain prior-year tax return information for about 100,000 U.S. households, a ...
Piraeus bank announced acquisition of Panellinia Bank
April 20th, 2015
Piraeus bank has issued an announcement to inform that: The bank has acquired the “good” part of Panellinia Bank S.A. following a tender offer launched by the Bank of Greece. After 17 April 2015, Panellinia’s branch network will operate under ...
Germany’s Merkel says Greek reforms must “add up”
March 30th, 2015
German Chancellor Angela Merkel said on Monday that Greece had a certain degree of flexibility on which reforms it implements but that the measures must “add up” to the satisfaction of its European partners. “The question is can and will Greece fulfil the ...
ECB Warns Cyprus as Government Pushes for Georghadji’s Dismissal
March 16th, 2015
The European Central Bank warned Cypriot President Nicos Anastasiades to respect central-bank independence after the country’s government started proceedings to dismiss Governor Chrystalla Georghadji. A year after previous Cypriot central-bank chief Panicos Demetriades resigned his post following months of ...
Revenge of Disaffected Europe Risks Crisis Sparked in Greece
January 22nd, 2015
They speak different languages, they come from different backgrounds, yet all have the same message of frustration that’s threatening to redraw the European political map over the next year. Starting with elections this Sunday in Greece and heading west ...
Woman swindles investors out of SR500 million
January 8th, 2015
A young Saudi woman has fled the Kingdom accompanied by her husband with SR500 million in fake investments obtained from unsuspecting citizens, a local daily reported. In Jeddah, Al-Salama police received complaints from 25 citizens who reported that they ...
Puerto Rico investors sue UBS for $4.5 million
January 2nd, 2015
Claim says UBS mismanaged a trust to keep money invested in closed-end bond funds A lawsuit brought by the purported beneficiaries of a trust is seeking more than $4.5 million as it joins the chorus of claims alleging UBS ...
Princess Cristina of Spain to face a tax fraud trial
December 22nd, 2014
The Spanish king’s sister, Princess Cristina, is to face a tax fraud trial over alleged links to her husband’s business dealings. It is the first time for modern Spain to put a royal in the dock to face trial. Her husband ...
Plunging Ruble Unsettles Russians, Poses Test for Putin
December 17th, 2014
As Russian President Vladimir Putin has ratcheted up the conflict with the West for most of the year, the economic fallout on ordinary Russians has been limited. Suddenly, though, the plunging ruble is reawakening fears of rising prices and ...
