Six former managers at traders for UBS have been barred from the financial industry by the Swiss Financial Market Supervisory Authority as part of an investigation into manipulation of foreign currency markets. UBS was among a group of the world’s largest banks that paid a combined $4.25 billion in November 2014 to settle with British and Swiss […]

The price of Bitcoin reaches a new high this week, nearing and passing $300 on major exchanges.  It’s a big moment for Bitcoin. The digital currency has gotten an official nod from the overseer of U.S. currency in the form of a primer out of the Federal Reserve Bank of Chicago. Senior economist François R. […]