Search Results for: UBS
U.S. Supreme Court rejects former UBS executives’ appeals
January 12th, 2016
The U.S. Supreme Court on Monday declined to hear an appeal filed by three former executives of Swiss global investment bank UBS AG (UBSG.VX) convicted of conspiring to deceive U.S. cities and towns by rigging bids to invest municipal ...
Monex’s subsidiary completes registration with FSA Japan regulator
December 16th, 2015
Monex Group has issued a press release to inform that: Monex-Saison-Vanguard Investment Partners, Inc. (“MSVIP”), a subsidiary of Monex Group, Inc. (“the Company”) (TSE: 8698), announces “Completion of Registration of the Investment Management Business with the FSA” This is a reference* ...
Tour Operators: Which countries to substitute Turkey, Egypt for Russian tourists
December 10th, 2015
UAE, Thailand, India to substitute Turkey, Egypt for Russian tourists Tour operators have seen an increase in the demand for Middle East and Asia tours following ‘the loss’ of Egypt and Turkey destinations, the newspaper Kommersant wrote on Friday. ...
UBS Traders May Be First to Face Sanctions in Forex Probes
December 2nd, 2015
Swiss regulator may issue penalties by the end of the year Finma probed 11 currency, metals traders amid global scandal As many as seven UBS Group AG traders may face sanctions from Switzerland’s financial watchdog in the coming weeks, ...
Monex Group: Notice regarding accrual of reserves based on its subsidiary’s decision
November 20th, 2015
Showing progress in fixed-type cost reduction plan Monex Group, Inc. announces that Monex, Inc., its wholly owned subsidiary, has decided to terminate an outsourcing contract regarding data system operation for the purpose of replacing its backbone brokerage system. It ...
Credit Suisse Brokers Decamp for UBS
November 20th, 2015
Most recent move sees UBS hire Los Angeles team of four advisers who oversaw $1.8 billion UBS Group AG is proving to be an attractive destination for Credit Suisse Group AG’s U.S. brokers. In recent weeks, 16 Credit Suisse brokers managing ...
Greek banks: Recap offers are oversubscribed
November 19th, 2015
Greece: Banks National and Alpha are likely to announce the successful completion of their share capital increases on Thursday, following Eurobank’s announcement on Wednesday to the same effect, while Piraeus is keeping its book of offers open. It is ...
Formax removes false statements about the suspension of its subsidiary’s licence
November 16th, 2015
Following concerns raised by ASIC, Formax International Market Limited (Formax) has removed a previously published media release from its group website that falsely claimed its wholly owned subsidiary, Australian Capital Markets Advisory Services Pty Ltd ACN 150 530 331 ...
Bitcoin has no future, says UBS chairman Axel Weber at Bank of England’s Open Forum
November 13th, 2015
The chairman of investment bank UBS, Axel Weber, has played down the potential of crypto-currencies such as Bitcoin. During a discussion at the Bank of England’s Open Forum, he said private currencies will fail to take off “because there ...
‘Brexit’ Wouldn’t Be Disaster for U.K., Says UBS Chairman
November 11th, 2015
Axel Weber said Britain would probably get a good deal if it voted to leave The chairman of one of Europe’s biggest banks said Tuesday that if the U.K. decided to leave the European Union it probably wouldn’t deal ...
