Annual Report 2016 Financial Report Corporate Governance Report Remuneration Report ◚⯎
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Ex-UBS Banker Turned Songbird Pressures Swiss Banks | Interactive Investor
Ex-UBS banker turned songbird pressures Swiss banks | Interactive Investor Tuesday 22 November 2011 RSS Mobile About us Our network Help Skip to Navigation Home Trading Investing Tools & Research News & Opinion Sign in My Portfolio Register now Everyday Money Home Ex-UBS banker turned songbird pressures Swiss banks Ex-UBS banker turned songbird pressures Swiss banks Sat, 19/11/2011 - 01:17 By Lynnley Browning and Kevin Gray MIAMI (Reuters) - A light sentence handed down on Friday for a former top UBS private banker who became a U.S. government informant on wealthy American tax cheats ramps up pressure on the Swiss banking industry. Renzo Gadola, who worked at Swiss bank UBS AG from 1995 to 2008, received five months' probation from a Florida federal judge and a fine of $100. He had cooperated extensively with U.S. authorities conducting a wide- ranging criminal investigation of scores of Swiss banks. That cooperation entailed disclosing to federal prosecutors for the first time the role of Swiss cantonal banks, including Basler Kantonalbank, in helping Americans to evade U.S. taxes on at least hundreds of millions of dollars in assets. His cooperation will continue as a condition of his probation. Gadola, a Swiss national, may now be called "to testify before a grand jury or at a trial against former clients, Swiss bank colleagues or other banks," said a senior government official briefed on the matter. Added a senior white-collar criminal defence lawyer briefed on the matter: "He gave them gold on a silver platter. They still have their hook into him - the probation is conditioned on him continuing to cooperate." The 45-year-old Gadola could have been sentenced to a maximum of 16 months in prison; federal prosecutors had sought leniency but still requested five months' prison time. -
Annual Report 2017
20Annual Remuneration Report Remuneration | Report Financial Report 17Corporate Governance Report Remuneration Report Corporate Governance Report Governance Corporate | We are pioneers and game- changers, stimulated by the endless possibilities of re- en gineering banking. Financial Report | Constant innovation is our key to success. 2017 was especially marked by the implementation of cryptocurrency trading. Swissquote Annual Report 2017 Annual Report 2017 Content 02 Key figures 04 Swissquote share 06 Report to the shareholders 09 Financial Report 10 Consolidated financial statements 108 Report of the statutory auditor on the consolidated financial statements 113 Statutory financial statements 121 Proposed appropriation of retained earnings 122 Report of the statutory auditor on the financial statements 125 Corporate Governance Report 153 Remuneration Report 174 Report of the statutory auditor on the remuneration report 176 Global presence services/global offices The Swiss leader in online banking www.swissquote.com Annual Report 2017 1 Key figures 2017 2016 2015 2014 2013 Number of accounts 309,286 302,775 231,327 221,922 216,357 % change 2.2% 30.9% 4.2% 2.6% 7.3% Assets under custody in CHFm 1 23,240 17,864 11,992 11,562 10,083 % change 30.1% 49.0% 3.7% 14.7% 17.5% Client assets in CHFm 2 24,112 18,557 11,992 11,562 10,083 % change 29.9% 54.7% 3.7% 14.7% 17.5% Employees 593 550 524 532 507 % change 7.8% 5.0% –1.5% 4.9% 37.8% 1 Including cash deposited by clients 2 Including assets that are not held for custody purposes but for which the technology of the Group gives clients access to the stock market and/or that are managed by Swissquote (Robo-Advisory technology). -
Die Kantonalbanken in Zahlen
Kennziffern und Adressen Die Kantonalbanken der Kantonalbanken in Zahlen Kennzahlen der 24 Kantonalbanken Eckdaten der 24 Kantonalbanken Angaben per 31.12.2018 (inkl. Tochtergesellschaften) Angaben per 31.12.2018 Kantonalbank Gründungsjahr Bilanzsumme Geschäftsstellen Personalbestand Kantonalbank Rechts- Dotations-/ PS-Kapital Kotierung Staats- in Mio. CHF teilzeitbereinigt form Aktienkapital in Mio. CHF SIX garantie in Mio. CHF Aargauische Kantonalbank 1913 28‘351 31 708 Aargauische Kantonalbank örK 200 - - ja Appenzeller Kantonalbank 1899 3‘365 4 81 Appenzeller Kantonalbank örK 30 - - ja Banca dello Stato del Cantone Ticino 1915 14‘322 21 444 Banca dello Stato del Cantone Ticino örK 430 - - ja Banque Cantonale de Fribourg 1892 22‘927 27 382 Banque Cantonale de Fribourg örK 70 - - ja Banque Cantonale de Genève 1816 23‘034 28 761 Banque Cantonale de Genève AG 360 - ja nein Banque Cantonale du Jura 1979 3‘152 12 122 Banque Cantonale du Jura AG 42 - ja ja Banque Cantonale du Valais 1917 16‘122 45 471 Banque Cantonale du Valais AG 158 - ja ja Banque Cantonale Neuchâteloise 1883 10‘847 12 285 Banque Cantonale Neuchâteloise örK 100 - - ja Banque Cantonale Vaudoise 1845 47‘863 72 1‘896 Banque Cantonale Vaudoise AG 86 - ja nein Basellandschaftliche Kantonalbank 1864 25‘341 22 689 Basellandschaftliche Kantonalbank örK 160 57 ja ja Basler Kantonalbank 1899 44‘031 46 1‘238 Basler Kantonalbank örK 304 50 ja ja Berner Kantonalbank 1834 30‘589 60 1‘000 Berner Kantonalbank AG 186 - ja nein Glarner Kantonalbank 1884 5‘982 6 191 Glarner Kantonalbank AG -
Information Circular Solicitation Of
Suite 2400, 1055 West Georgia Street Vancouver, British Columbia, V6E 3P3 Tel: (604) 681-8030 _________________________________________________ INFORMATION CIRCULAR As at October 28, 2020, unless otherwise noted FOR THE ANNUAL GENERAL AND SPECIAL MEETING OF THE SHAREHOLDERS TO BE HELD ON DECEMBER 17, 2020 SOLICITATION OF PROXIES This information circular is furnished in connection with the solicitation of proxies by the management of Voleo Trading Systems Inc. (the “Company”) for use at the Annual General and Special Meeting (the “Meeting”) of the Shareholders of the Company to be held at the time and place and for the purposes set forth in the Notice of Meeting and at any adjournment thereof. PERSONS OR COMPANIES MAKING THE SOLICITATION The enclosed Instrument of Proxy is solicited by management of the Company (“Management”). Solicitations will be made by mail and possibly supplemented by telephone or other personal contact to be made without special compensation by regular officers and employees of the Company. The Company does not reimburse Shareholders’ nominees or agents (including brokers holding shares on behalf of clients) for the cost incurred in obtaining from their principals, authorization to execute the Instrument of Proxy. No solicitation will be made by specifically engaged employees or soliciting agents. The cost of solicitation will be borne by the Company. None of the directors of the Company have advised that they intend to oppose any action intended to be taken by Management as set forth in this Information Circular. NOTICE-AND-ACCESS PROCESS In accordance with the notice-and-access rules under National Instrument 54-101 Communications with Beneficial Owners of Securities of a Reporting Issuer, the Company has sent its proxy-related materials to registered holders and non-objecting beneficial owners using notice-and-access. -
Basler Kantonalbank
Basler Kantonalbank Primary Credit Analyst: Heiko Verhaag, CFA, FRM, Frankfurt + 49 693 399 9215; [email protected] Secondary Contact: Harm Semder, Frankfurt + 49 693 399 9158; [email protected] Table Of Contents Major Rating Factors Outlook Rationale Related Criteria WWW.STANDARDANDPOORS.COM/RATINGSDIRECT DECEMBER 11, 2020 1 Basler Kantonalbank Additional SACP a Support +4 0 + + Factors Anchor a- Issuer Credit Rating ALAC 0 Business Support Adequate Position 0 Capital and GRE Support Very Strong +4 Earnings +2 Risk Position Moderate -1 Group AA+/Stable/A-1+ Support 0 Funding Average 0 Sovereign Liquidity Strong Support 0 Major Rating Factors Strengths: Weaknesses: • Extremely high likelihood of support from the Swiss • Limited growth prospects in the saturated Basel-City Canton of Basel-City. banking market. • Very strong capitalization supported by stable • Earnings pressure from lower for longer interest-rate earnings generation. cycle. • Very strong customer franchise in home region. • Relatively weak operating efficiency, expected to gradually improve through synergies with Bank Cler. WWW.STANDARDANDPOORS.COM/RATINGSDIRECT DECEMBER 11, 2020 2 Basler Kantonalbank Outlook: Stable S&P Global Ratings' stable outlook on Switzerland-based Basler Kantonalbank (BKB) reflects that on its owner and guarantor, the Swiss Canton of Basel-City (AAA/Stable/A-1+). We expect BKB will, for the foreseeable future, continue to benefit from an extremely high likelihood of timely and sufficient extraordinary support from the Canton of Basel-City in the event of financial distress. In addition, we expect that BKB will maintain its sound market position and financial profile, underpinned by its very strong capitalization over the next 24 months. -
Subscriber Agreement Electronic (NYSE)-TDA 1120
EXHIBIT B AGREEMENT FOR MARKET DATA DISPLAY SERVICES (Nonprofessional Subscriber Status) TD Ameritrade Inc. ("Vendor") agrees to make "Market Data" available to you pursuant to the terms and conditions set forth in this agreement. By executing this Agreement in the space indicated below, you ("Subscriber") agree to comply with those terms and conditions. Section 1 sets forth terms and conditions of general applicability. Section 2 applies insofar as Subscriber receives and uses Market Data made available pursuant to this Agreement as a Nonprofessional Subscriber. SECTION 1: TERMS AND CONDITIONS OF GENERAL APPLICABILITY 1. MARKET DATA DEFINITION – For all purposes of this Agreement, "Market Data" means (a) last sale information and quotation information relating to securities that are admitted to dealings on the New York Stock Exchange ("NYSE*"), (b) such bond and other equity last sale and quotation information, and such index and other market information, as United States-registered national securities exchanges and national securities associations (each, an "Authorizing SRO") may make available and as the NYSE* may from time to time designate as "Market Data"; and (c) all information that derives from any such information. 2. PROPRIETARY NATURE OF DATA – Subscriber understands and acknowledges that each Authorizing SRO and Other Data Disseminator has a proprietary interest in the Market Data that originates on or derives from it or its market(s). 3. ENFORCEMENT – Subscriber understands and acknowledges that (a) the Authorizing SROs are third-party beneficiaries under this Agreement and (b) the Authorizing SROs or their authorized representative(s) may enforce this Agreement, by legal proceedings or otherwise, against Subscriber or any person that obtains Market Data that is made available pursuant to this Agreement other than as this Agreement contemplates. -
Rulemaking Petition Concerning Market Data Fees
December 6, 2017 VIA ELECTRONIC DELIVERY Mr. Brent J. Fields Secretary U.S. Securities and Exchange Commission 100 F Street, NE Washington, DC 20549-1090 RE: Petition for Rulemaking Concerning Market Data Fees Dear Mr. Fields: The undersigned capital market participants (the “Undersigned Firms”) respectfully petition the U.S. Securities and Exchange Commission (the “SEC”) to initiate rulemaking proceedings to require exchanges to disclose certain information concerning fees charged to market participants for equity market data, to institute a public notice and comment process before SEC approval or disapproval of exchange rule filings related to certain market data fees, and to conduct a thorough review of equity market data fee structure as it relates to the collection, distribution, and sale of market data. Exchanges Enjoy an Oligopoly over Equity Market Data Fees Under the Securities Acts Amendments of 1975, Congress granted broad authority to the SEC to establish a National Market System (“NMS”) for securities. Within this framework, exchanges effectively control the dissemination and sale of all equity market data—which securities trading and institutional firms have no choice but to purchase regardless of the cost if they want to remain competitive in the marketplace. This structure has led to accelerating and significant price escalation for market data. As required by the SEC’s Display Rule, vendors and broker-dealers are required to display consolidated data from all the market centers that trade a stock.1 In order to comply with the Display Rule, such vendors and broker-dealers must purchase and display consolidated data feeds distributed by securities information processors (“SIPs”), which are owned by the exchanges and operated pursuant to NMS plans. -
Swiss Banker Pleads Guilty in U.S. Tax Case - WSJ.Com#Printmode Page 1 of 2
Swiss Banker Pleads Guilty in U.S. Tax Case - WSJ.com#printMode Page 1 of 2 WSJ.com Law Page lexis.com® LexisNexis® Total Litigator Historical Quotes LexisNe Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com See a sample reprint in PDF format. Order a reprint of this article now TAXES DECEMBER 23, 2010 Swiss Banker Pleads Guilty in U.S. Tax Case By BRENT KENDALL A Swiss banker pleaded guilty Wednesday to advising a wealthy U.S. client to hide an account at a regional bank in Switzerland, a development that could mark a new chapter in the U.S. crackdown against offshore tax evasion. The case appears to be the first in the U.S. crackdown in which prosecutors charged a banker with helping U.S. clients conceal funds in a Swiss cantonal bank. Cantonal banks are a network of government-controlled regional Swiss banks that account for 30% of the Swiss banking sector. Prosecutors said Renzo Gadola, a former UBS AG banker who became an independent investment adviser in 2009, traveled to Miami last month to encourage a U.S. client to hide from the Internal Revenue Service an account held at Basler Kantonalbank. A UBS spokeswoman declined to comment. A spokesman for Basler Kantonalbank wasn't reached for comment. Mr. Gadola, who was charged last week, pleaded guilty in a Miami federal court to one count of conspiring to defraud the U.S. -
Staff Report on Algorithmic Trading in U.S. Capital Markets
Staff Report on Algorithmic Trading in U.S. Capital Markets As Required by Section 502 of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 This is a report by the Staff of the U.S. Securities and Exchange Commission. The Commission has expressed no view regarding the analysis, findings, or conclusions contained herein. August 5, 2020 1 Table of Contents I. Introduction ................................................................................................................................................... 3 A. Congressional Mandate ......................................................................................................................... 3 B. Overview ..................................................................................................................................................... 4 C. Algorithmic Trading and Markets ..................................................................................................... 5 II. Overview of Equity Market Structure .................................................................................................. 7 A. Trading Centers ........................................................................................................................................ 9 B. Market Data ............................................................................................................................................. 19 III. Overview of Debt Market Structure ................................................................................................. -
SIX Repo Ltd - Member List As of 20 April 2021
SIX Repo Ltd - Member list as of 20 April 2021 Bank / Place City Aargauische Kantonalbank Aarau AEK Bank 1826 Genossenschaft Thun Allgemeine Sparkasse Oberösterreich Bankaktiengesellschaft Linz Allianz Suisse Lebensversicherungs-Gesellschaft AG, EL Wallisellen Allianz Suisse Lebensversicherungs-Gesellschaft AG, KL Wallisellen Allianz Suisse Versicherungs-Gesellschaft AG Wallisellen Austrian Anadi Bank AG Klagenfurt AXA Leben AG Einzel Winterthur AXA Leben AG Kollektiv Winterthur AXA Versicherungen AG Winterthur Baloise Bank SoBa Solothurn Banca del Ceresio SA Lugano Banca del Sempione SA Lugano Banca dello Stato del Cantone Ticino Bellinzona Banca Popolare di Sondrio (Suisse) S.A. Lugano Bank CIC (Schweiz) AG Basel Bank Cler AG Basel Bank EEK AG Bern Bank EKI Genossenschaft Interlaken Bank Frick & Co. AG Balzers Bank für Tirol und Vorarlberg AG (BTV) Innsbruck Bank J. Safra Sarasin AG Basel Bank Julius Bär & Co. AG Zürich Bank Linth LLB AG Uznach Bank Thalwil Genossenschaft Thalwil Bank Vontobel AG Zürich Banque Bonhôte & Cie. SA Neuchâtel Banque Cantonale de Fribourg Fribourg Banque Cantonale de Genève Genève Banque Cantonale du Jura Porrentruy Banque Cantonale du Valais Sion Banque Cantonale Neuchâteloise Neuchâtel Banque Cantonale Vaudoise Lausanne Banque Cramer & Cie SA Genève Banque Internationale à Luxembourg SA Luxembourg Barclays Bank UK Plc London Basellandschaftliche Kantonalbank Liestal Basler Kantonalbank Basel Basler Leben AG Basel Basler Versicherung AG Basel Last update: 20 April 2021 Page: 1/4 BBVA SA Zürich Bendura Bank -
Wachovia Corporation 2007 RISK ASSESSMENT
Restricted - F.R. Wachovia Corporation 2007 RISK ASSESSMENT Top Tier Institution: Wachovia Corporation Business Lines: General Bank Group (GBG) Corporate Investment Bank (CIB) Capital Management Group (CMG) Wealth Management Group (WMG) Central Point of Contact: Richard F. Westerkamp, Jr. Team Members: Stan Poszywak, Deputy CPC and Basel Coordinator Danny Elder, Market Risk Nancy Stapp, Credit Risk Ryan Rehom, Interest Rate Risk and Liquidity Risk Jeremy Carter, Legal and Compliance Risk Todd Ryan, Operational Risk Jim Gearhart, Information Technology (IT) Kevin Littler, Financial Analyst Shared Support: Craig Frascati, Basel II Al Morris, Market Risk Jeremy Caldwell, Principal Investing Last Update: July 12, 2007 CONFIDENTIAL FCIC-134586 Restricted - F.R. Table of Contents page I. Institutional Overview 3 II. Risk Assessment Summary 20 Consolidated Executive Summary • Overall Summary Assessment of Inherent Risk 20 o Inherent Risk by Type • Overall Summary Assessment of Risk Management 23 o Risk Management and Controls o Risk Management by Type III. Detailed RAP Documentation 27 Credit Risk 27 Market Risk • Trading Book 47 • Banking Book 70 Liquidity Risk 84 Operational Risk 95 Legal and Compliance 116 IV. Risk l\1atrices and Institutional Overview Appendix Items 129 2007 Risk Matrices Appendix Items (Business Line Management) 2 CONFIDENTIAL FCIC-134587 Restricted - F.R. I. Institutional Overview Executive Summary Wachovia Corporation experienced significant growth through acquisition in Wachovia 3/31/07 RSSD 1073551 2006 2006 and the company is now the nation's fourth-largest financial holding Assets: $706Bn Nil : $15Bn company both in asset size and market capitalization (previously Wells Loans: $422Bn NIM: 3.12% Fargo's market capitalization was larger). -
Best Interest Disclosure Page 1 of 4
Best Interest Disclosure Page 1 of 4 We act in your best interest when we make recommendations to you. When we make a recommendation to you to open up an account; buy, sell, or hold any invest- ment; or to pursue an investment strategy (each a “recommendation”), we will do so in your best interest and not put our interest ahead of yours. As part of this promise, we want to make sure you understand our business practices that relate to our investment advice when acting as your broker-dealer. Charles Schwab & Co., Inc. (Schwab, us, or we) is registered with the Securities and Exchange Commission as both a broker-dealer and a registered investment adviser. Schwab is a subsidiary of The Charles Schwab Corporation, and our affiliates include Charles Schwab Bank, SSB (Schwab Bank), and various registered investment advisers whose activities are described in more detail below and in other documents referenced below. This document describes how we interact with you when we make recommendations when acting as a broker-dealer. We refer to this summary, along with the information we link to below about our pricing, how we pay our representatives, and how we give advice and make money, as our “Best Interest Disclosure.” You can always find this information, along with Client Relationship Summaries for both brokerage and investment advisory accounts, at www.schwab.com/transparency or by calling us at 800-435-4000. We hope you’ll take the time to read this information and ask questions. We welcome them. Type and Scope of Services Are there account minimums and will you monitor my account? When you open a Schwab brokerage account, we act as your custodian and safeguard your account and assets.