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Exclusive: UBS brokerage unit shakes up management: memo
NEW YORK (Reuters) - The U.S. brokerage arm of UBS AG UBSN.VX (UBS.N) shook ... The memo said McCann and UBS group CEO Sergio Ermotti will host an April 3 town hall meeting with Americas employees to discuss the bank's strategy for the region.
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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.
U.S. Tax-Evasion Probes Said to Slow as Prosecutors Transfer
The transfers came amid criminal probes of at least 11 Swiss financial institutions, including Credit Suisse Group AG, with the tax division leading or assisting each prosecution.
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Billionaires buy gasoline ships as fuel cargoes expand
Wilbur Ross, whose company manages about $10-billion of assets, was part of a group buying 30 vessels in September. Global refineries are shifting to India and China from Europe and the U.S., increasing delivery distances and tying up vessels for ...
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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.
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Why the new iPad will devour your data plan
The new iPad's faster data speeds will likely impress consumers, right up until they get a nasty surprise in the form of increased wireless service fees.
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UPS Near Deal to Buy TNT Express
UPS is already the world's largest international package shipper by revenue, above FedEx Corp. and the DHL unit of Deutsche Post AG. TNT Express reported revenue of �7.25 billion last year�two-thirds of it from European business�that would add to the ...
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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 ...
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More US clean tech IPOs come to market, amid skepticism
(Reuters) - Two U.S. clean tech companies plan to go public on Friday, as executives and bankers increasingly bet that high energy prices and more proven technology will make investors forget the sector's recent flameouts.
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UPS Reaches Deal for 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 will give UPS a foothold in Europe to round out its U.S. presence and expanding Asia business. UPS is already the ...
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