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UK court stays proceedings where wrong party sued in Italian proceedings
In a recent case, UBS Limited and UBS AG v Regione Calabria [2012] EWHC 699, the UK Commercial Court stayed two English claims, pursuant to Articles 27 and 28 of the Brussels Regulation (44/2001).
Morgan Stanley and Wells Fargo among companies offering HUGE bonuses ...
The brokerage arms of banks such as Morgan Stanley, UBS AG, Wells Fargo & Co. and Bank of America are offering high-end U.S. brokers two to three times the commissions and fees they produced in the previous year, up from about one times those ...
Analysis: Broker bonus bidding war comes at a cost  Reuters
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Wall Street Tracks 'Wolves' as May 1 Protests Loom
At a 2009 U.S. Senate hearing, Police Commissioner Raymond Kelly described a partnership with financial-district firms that gives his department �access to hundreds of private-security cameras.
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BlackRock Said Hiring UBS's Cook for Capital Markets Team
Goldman Sachs Group Inc. is the biggest equity underwriter in the EMEA region this year, followed by Deutsche Bank AG and JPMorgan Chase & Co. (JPM), according to data compiled by Bloomberg. UBS ranks fifth, the data show. Companies raised $46 billion ...
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Credit Suisse Paid $6.8 Billion for AIG's Home-Loan Bonds
Credit Suisse Group AG (CS) paid $6.8 billion to the Federal Reserve Bank of New York for $13 billion of home-loan bonds that had been assumed in the U.S. rescue of American International Group Inc. (AIG) · Goldman Sachs Group Inc. (GS) paid $3.5 ...
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Optical Delusion? Fiber Booms Again, Despite Bust
Some 19 million miles of optical fiber were installed in the U.S. last year, the most since the boom year of 2000, research firm CRU Group says. Corning Inc., a leading maker of fiber, sold record volumes last .... UBS AG analyst John Hodulik, who ...
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Goldman Sachs Names Wainstein Brazil Investment Bank Chairman
In 1998, Goldman Sachs tried to buy Banco de Investimentos Garantia SA, which was acquired by Credit Suisse Group AG. Seven years later it sought to purchase Banco Pactual SA, an investment bank later acquired by UBS AG. Pactual was sold back to ...
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Rand Paul Seeks to Block Tax Treaty Change on Swiss Accounts
The U.S. is cracking down on secret accounts held by its citizens at UBS AG (UBSN), Credit Suisse AG (CSGN), Wegelin & Co.
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Germany Grows Robust from Sick Man With Demand at Home
Cheap mortgage rates, low unemployment, increased urbanization and the need to protect against inflation will drive prices up further, Martin Lueck, an economist at UBS AG, said in a report today. �Prices will go up more for some ... Declining ...
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Moody's Fired by Danish Banks as Investors Show Support
According to a 2011 U.S. Senate report, both Standard & Poor's and Moody's adjusted the way they graded mortgage-backed securities after Goldman Sachs Group Inc., UBS AG and at least six more banks pressured them. When the ratings companies ...
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