UBS Group AG (USA) news

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China Corporate Espionage Boom Knocks Wind Out of US Companies
Devens, Massachusetts-based AMSC had been using the turbine, manufactured by the company's largest customer, China's Sinovel Wind Group Co., to test a new version of its control system software. The software was designed to disable the turbine several ...
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.
Bank of America's Orcel Said to Move to UBS, Moulds to Quit
Orcel, chairman of global banking and markets, is leaving to join UBS AG, where he will run the investment bank alongside Carsten Kengeter, said people with knowledge of the matter who declined to be identified before an announcement.
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 ...
US Lags Behind Germany, UK in Global Infrastructure Ranking
said Manik Narain, a foreign-exchange strategist at UBS Group AG in London. The dangers of a weakening currency are exacerbated for builders, because they account for a disproportionate share of Turkey's foreign-exchange borrowing, Narain said.
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 ...
Cable Across Atlantic Aims to Save Traders Milliseconds
About 55 percent of U.S. equities trading volume now comes from firms using high-frequency strategies, according to financial-market research firm Tabb Group LLC.
Deutsche Bank Drops US Bank Status To Skirt Dodd-Frank
Deutsche Bank has tweaked the legal structure of its subsidiary in the U.S. from “financial holding company” to “domestic entity other,” effectively meaning that it is technically no longer classified as a bank in the U.S. This change moves it out of ...
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 ...
Michael Kors Brand Takes on Coach in US Luxury Market
Coach said the North American handbag and accessories market has been expanding at a rate of 10 percent. ... “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 ...