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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 ...
U.S. Tax-Evasion Probes Said to Slow as Prosecutors Transfer
March 27 (Bloomberg) -- The U.S. Justice Department has lost almost 30 percent of its tax prosecutors in the past month, slowing a U.S. crackdown on offshore banks that enabled tax evasion, according to four people familiar with the matter. Twenty-five ...
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 ...
Paul Clement, Wynn Resorts, Lehman, BofA, UBS in Court News
Clement, the 45-year-old attorney at the forefront of the U.S. Supreme Court challenge to President Barack Obama's health-care plan, has become the go-to lawyer for conservatives on the country's highest-profile legal fights.
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 ...
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.
UBS in revival mode, to focus on transaction banking space
... we realise a strong corporate banking model carries more weight. We are going to set up transaction banking capab ility, which mitigates you from the credit perspective," Kamat, managing director and group CEO, India, UBS AG, told ET in an interview.
China's Cinda introduces four strategic investors
BEIJING -(MarketWatch)- State-owned China Cinda Asset Management Co. said Friday Standard Chartered PLC (2888.HK), UBS AG UBS, -0.19% Citic Capital Holdings Ltd. and China's state pension fund will become strategic investors as Cinda prepares ...
More US clean tech IPOs come to market, amid skepticism
... that was only proven in a lab or at lab scale, but now investors are more discerning and are looking for young companies that have proven their technology at least near commercial scale," said Jim Schaefer, global head of renewable energy and clean ...
Long way round
To our surprise, another golfer is playing in front of us; I wait for him to get ahead on the off chance I might hit a good shot and scone him.