Tag Archives: banking
- UBS banker loses $2.3 billion, Swiss bank not too happy
September 18, 2012
It's not the kind of gambling that we're accustomed to, but if you're really technical about it, stock trading is still a form of gambling and one UBS trader found out the hard way what happens when you cost your company north of $2 billion. Former UBS trader Kweku Adoboli,...
- William Hill refinances banking deal
November 30, 2010
Unless you somehow managed to secure yourself a five-year sojourn to the moon back in 2005, you’ll have heard all about the global recession. William Hill has been around long enough to remember the Great Depression and all the other financial crises of the 20th century. They’re almost as well...
- People’s Bank of China unveils new payment system
August 30, 2010
The People‘s Bank of China will release a new online payment system at the end of August “Super online payment” will start –up in a few days, and presently many banks are ready for the next step and to connect with this new online payment method. Convenient for the customer...
AGTech inks online lottery deal with China’s Alipay
March 24, 2017
Huobi wants Chinese bitcoin users to explain source of funds
March 22, 2017