[Pakistan], Feb. 25 (ANI): Interpol has refused to issue a red warrant against Muttahida Qaumi Movement (MQM) founder Altaf Hussain, saying it does not intervene in political and religious matters of a state. According to senior official of the Interior ... Sify, 3 weeks ago
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business. Tighter rules and dwindling flows are taking a toll on issuers of participatory notes (P-notes) in the country, with top players heading towards the exit. According to sources, Swiss bank UBS has stopped issuing offshore derivative instruments (ODIs) or P-notes based on domestic securities from January 1. Foreign investors typically buy P-notes. UBS joins its European peer HSBC, which had ...Rediff.com, 1 month ago
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