Posts Tagged ‘UBS’

Equities Preferred Constituent of the US HNW Investment Portfolio : Ken Research

FOR IMMEDIATE RELEASE Free Press Release Submitted by kenresearch.com       Press Release Distribution High net worth (HNW) investors represent 30% of all population out of which only 15% are millennial in the US. Almost 89% of the HNW investors have developed their own wealth rather than inheriting it from their ancestors while 80% use online services for their […]

Oil prices in reverse amid Opec call

(Media Release) Oil prices tumbled again on Monday, eroding last week’s gains, as Opec called for co-operation from oil-producing nations outside the cartel. Brent crude fell 2.6% to $31.34 a barrel following a 10% rise on Friday, while US oil shed 95 cents to $31.24. The slide came as the head of Opec called for […]

EU fines banks over rate-rigging

(Media Release) The European Commission has fined eight banks – including RBS – a total of 1.7bn euros (£1.4bn) for forming illegal cartels to rig interest rates. The cartels operated in markets for financial derivatives, which are products used to manage the risk of interest rate movements. Two of the eight, Barclays and UBS, were […]

Europe staring into the abyss

The demise of the Euro could upend the existing socio-political order in Europe and beyond if it is not prevented. “If the Euro fails, Europe fails“. The heady optimism that accompanied the birth of the Euro has given way to legitimate fears of its imminent demise – an unprecedented event with ramifications that have the potential […]

U.S. Millionaires Told Go Away as Tax Evasion Rule Looms

Go away, American millionaires. That’s what some of the world’s largest wealth-management firms are saying ahead of Washington’s implementation of the Foreign Account Tax Compliance Act, known as Fatca, which seeks to prevent tax evasion by Americans with offshore accounts. HSBC Holdings Plc (HSBA), Deutsche Bank AG, Bank of Singapore Ltd. and DBS Group Holdings Ltd. (DBS) all say they have […]

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