UBS Group AG (USA) news

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Exclusive: UBS brokerage unit shakes up management: memo
NEW YORK The U.S. brokerage arm of UBS AG UBSN.VX (UBS.N) shook up its leadership ranks on Friday, removing a layer of management under Chief Executive Officer Robert McCann and giving private wealth management head Jason Chandler a ...
Analysis: UBS winning US race for top brokers - at what cost?
NEW YORK UBS AG's American wealth management arm has pulled firmly ahead in the race to attract top brokers, using aggressive recruiting tactics and rich signing bonuses to edge out competitors.
UPS Near Deal to Buy TNT Express
TNT Express is the smallest of the big four global package shippers, and while it has struggled somewhat in recent months, the merger would give UPS a market-leading position in Europe to round out its big domestic U.S. presence and expanding Asian ...
Bond traders switch to electronic processing
income trades in the US are processed manually. But increasing numbers of large dealers ... Goldman Sachs is exploring automation of some fixed-income markets and other banks, such as UBS, have already launched platforms. Although banks are fighting ...
Moody's Publishes Expected Timetable for Conclusion of Bank Rating Reviews
Today's publication follows the announcement on 15 February 2012 of reviews that incorporate 114 European banking groups and an additional eight non-European firms with large capital markets franchises (see press releases "Rating Action: Moody's ...
United States Department of Justice files indictments against Switzerland's ...
Wegelin had no branches outside of Switzerland, but accessed the U.S. banking system through a correspondent bank account it held at UBS AG in Stamford, Conn. This is the first time that a foreign bank operating outside of the United States has been ...
Roebuck 'sons' consider bid for share of late writer's estate
MEMBERS of the African "family" of late cricket writer Peter Roebuck believe they are entitled to a share of the house they lived in with their former mentor in Pietermaritzburg, South Africa, until his suicide last November.
Michael Kors Brand Takes on Coach in U.S. Luxury Market
“It is a category that has been on fire and it has caught people's eye,” Michael Binetti, an analyst with UBS AG in New York, said in an interview.
Kuehne & Nagel Fined With Panalpina for EU Freight Cartels
Kuehne & Nagel International AG and Panalpina World Transport Holding Ltd. were among companies fined 169 million euros ($225.6 million) by European Union regulators for price fixing of freight-forwarding surcharges.
Goldman No.1 in Investment Bank Fees Driven by Rising M&A Share
Initial public offerings surged in the first half to levels not seen since before the near collapse of the U.S. financial system in 2008.