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Showing 231 - 240 of 383 results for "Swiss"

UBS $2bn rogue trader in custody

RACHEL DAVIS  |  FRIDAY, 16 SEP 2011
... trader has been arrested in London on suspicion of fraud by abuse of position, resulting in a US$2 billion loss for the Swiss bank. The news, breaking three years to the day after the collapse of Lehman Brothers, has put UBS trading activites back in ...

Dangerous currents

BENJAMIN ONG  |  FRIDAY, 16 SEP 2011
... that the European Central Bank, in coordination with the US Federal Reserve, the Bank of England, the Bank of Japan and the Swiss National Bank, is extending liquidity to banks in the Eurozone. Instead of the usual seven-day operations, these central ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 SEP 2011
... that the economy is stagnating. But stock prices surged again after the European Central Bank, along with its US, Japanese, Swiss and British counterparts, announced they would act in concert to inject extra US dollar liquidity into banks facing a shortage ...

Not looking good

BENJAMIN ONG  |  MONDAY, 12 SEP 2011
... echelons of the ECB. The extent of the European malaise is such that even healthy Switzerland is forced into action. The Swiss central bank announced last week that it would not allow its currency to appreciate beyond 1.20 Swiss francs to the euro. Times ...

Market Wrap - Midday

AAP  |  FRIDAY, 9 SEP 2011
... at $20.34 after it was named the world's best bank for corporate sustainability in 2011/12 by Dow Jones Indexes (DJI) and Swiss investment boutique SAM, beating 189 other banks in numerous sustainability metrics. Rio Tinto gained 72 cents to $72.02 after ...

Market Wrap - Morning

AAP  |  FRIDAY, 9 SEP 2011
... compared to $US1.4096 late in New York on Wednesday. The US dollar rose to 77.42 yen from 77.26 yen. Elsewhere in Europe, Swiss stocks rose 0.50 per cent, Milan 0.69 per cent, Brussels 0.92 per cent, Lisbon 1.10 per cent and Madrid 1.49 per cent. ECB ...

Market wrap

AAP  |  THURSDAY, 8 SEP 2011
... Frankfurt the DAX rose 4.07 per cent to 5,405.53 points. Milan rose 4.24 per cent, Brussels 2.8 per cent, Madrid 2.77 per cent, Swiss stocks 2.5 per cent and Lisbon 2.16 per cent. The Athens stock exchange's main index closed up 7.98 per cent, cheered ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 SEP 2011
... pressures amid street protests, pushing the price of safe-haven gold to a new record. Another safe-haven instrument, the Swiss franc, had also surged and on Tuesday the Swiss central bank sprang a surprise, setting a target "peg" exchange rate against ...

Market Wrap - Morning

AAP  |  TUESDAY, 6 SEP 2011
... Frankfurt the DAX plunged 5.28 per cent to a two-year low at 5,246.18 points. Elsewhere in Europe, Lisbon gave up 2.82 per cent, Swiss stocks 4.04 per cent, Brussels 4.61 per cent, Madrid 4.69 per cent, and Milan 4.83 per cent. Bonds issued by Greece ...

Market Wrap - Midday

AAP  |  FRIDAY, 2 SEP 2011
... thousand jobs would definitely put the heat on higher yielding currencies, which would be sold off in favour of the Yen and Swiss Franc," he said. Mr Waterer said the Australian dollar could hit 108 US cents by the weekend, if the US payrolls result ...