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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., blaming the stock-exchange operator for trading flubs that erased a sizable chunk of its second-quarter profit. The ...
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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 ...
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How Much Money Has Buffett Lost Investing in Europe?
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) is often considered the greatest investor in modern times. Some of us think that his status should be one of �The greatest investors of the 20th century� but almost everyone agrees ...
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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.
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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.
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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 ...
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Bank of America, UBS, Wells Fargo Lead Wealth Manager Ranking
... 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.
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Carney leading Bank of England seen as London's scandal remedy
�Mark Carney is one of the brightest, most capable people I've ever met in global finance and central banking,� said Tim Adams, a former U.S. Treasury undersecretary who worked with Carney at Group of Seven meetings. �I've been around these circles a ...
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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%.
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U.S. Corn Crop Forecast 13% Below USDA Estimate by Cekander
Cekander joins Damien Courvalin from Goldman Sachs Group Inc. in cutting his estimate. The drought that prompted the ... �This is nearing disaster,� Wayne Gordon, a strategist at UBS AG in New York, said in a report today. �Corn conditions seem past ...
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