UBS

The Commodity Futures Trading Commission (CFTC) today announces that Deutsche Bank, UBS and HSBC, will collectively pay over $47 million in civil settlement for engaging in spoofing in the precious

A daily summary of exchange related news.
Swiss bank UBS is leading a team of four of the world's biggest banks developing a system to enable financial markets to make payments and settle transactions quickly using blockchain technology.

Britain took a 1.1 billion pound ($1.7 billion) loss on its first sale of shares in Royal Bank of Scotland (RBS)

It was the first time in decades that the parent or main banking unit of a major American financial institution pleaded guilty to criminal charges.
Five of the world's largest banks, including JPMorgan Chase & Co and Citigroup Inc, were fined roughly $5.7 billion, and four of them pleaded guilty to U.S. criminal charges over manipulation of foreign exchange rates, authorities said on Wednesday.
UBS will pay $545 million to U.S. authorities to end an investigation into alleged manipulation of currency rates, a settlement that will help the Swiss bank to move on after a series of trading scandals.

CME Group plans to launch options on its physically-delivered cocoa futures in Europe, with the options to be listed on CME Europe starting June 29, FOW magazine reported.

Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January.
Deutsche Bank's biggest strategic overhaul under co-chief executives Anshu Jain and Juergen Fitschen got a thumbs down from investors on Monday who judged it too little too late...