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Facebook Losses Slice UBS Profits
The fallout over Facebook Inc.'s initial public offering escalated Tuesday as UBS AG went on the attack against Nasdaq OMX Group Inc., NDAQ 0.67 % blaming the stock-exchange operator for trading flubs that erased a sizable chunk of its second-quarter ...
US Treasury chief urged Mervyn King in 2008 to reform Libor to prevent ...
The Bank of England Governor was drawn into the scandal that has engulfed Britain's banks yesterday as documents suggested US authorities warned him about potential rate-fixing more than four years ago. Sir Mervyn King was sent a private email by ...
Libor Crime Probe in UK Starts as US Readies Indictments
Royal Bank of Scotland Group Plc, UBS AG, Deutsche Bank AG and Credit Suisse Group AG are among banks awaiting their fate as regulators from Tokyo to London to New York investigate.
Wife of Convicted Ex-Credit Suisse Broker Seeks Assets
... identifying any of the firms. The FSA is seeking to levy more civil fines, she said. Royal Bank of Scotland Group Plc, UBS AG, Lloyds Banking Group Plc and Deutsche Bank AG are among the lenders regulators in Europe, Asia and the U.S. are ...
Bank Of America, Morgan Stanley, Citigroup: Global Banking Giants To Begin ...
Bank of America Corp (NYSE: BAC), Citigroup Inc. (NYSE: C), Wells Fargo & Company (NYSE: WFC), Goldman Sachs Group, Inc. (NYSE: GS) and Morgan Stanley (NYSE: MS) together have eliminated over 30,000 positions since June 2011.
Peregrine, Madoff, Comerica, Doral Financial: Compliance
Wright, 45, pleaded guilty to a single count of conspiring to commit wire fraud in a hearing before U.S. Magistrate Judge Frank Maas in federal court in Manhattan yesterday.
Quarter Of Wall Street Executives See Wrongdoing As Key To Success: Survey
In a survey of 500 senior executives in the United States and the UK, 26 percent of respondents said they had observed or had firsthand knowledge of wrongdoing in the workplace, while 24 percent said they believed financial services professionals may ...
TAFE funding cuts put jobs on the line
SWINBURNE University will shed up to 340 staff and may close two campuses in the most dramatic response yet to the Baillieu government's $300 million TAFE budget cuts.
A Rocky Mountain Low
DENVER—Developers of a posh Four Seasons hotel-and-condominium project have come up with an effective strategy for turning around condo sales in a tough market: cut prices by as much as 60%.
Bank of America, UBS, Wells Fargo Lead Wealth Manager Ranking
July 18 (Bloomberg) -- Bank of America Corp. kept its lead in a ranking of the world's 20 biggest wealth managers in 2011, while UBS AG climbed one place into second position, according to Scorpio Partnership. Wells Fargo & Co., another of the eight U ...