Hong Kong’s Securities and Futures Commission (SFC) has reprimanded and fined two UBS Group subsidiaries, UBS AG, and UBS Securities Asia Ltd., HK$9.8 million and HK$1.75 million, respectively, for alleged “regulatory breaches.” The total fine of HK$11.55 million is approximately $1.5 million in U.S. currency. The SFC is a financial regulator that oversees brokers, investment advisers… Read More >>
Brady Acquires Temenos’ Energycredit Unit
Brady Hopes Temenos Unit Will Help Broaden Offerings Brady PLC, maker of trading, risk management and settlement solutions for the energy, commodities and recycling sectors, has acquired the Energycredit unit from vendor Temenos Group, officials say. The combination of each’s offerings should help Brady branch out into new commodity asset classes, Brady officials say. Temenos,… Read More >>
