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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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Investigators Are Closing In On Two Other Banks Involved In LIBOR Rigging
Now, it is becoming clear that traders from at least two other banks - UK-based Royal Bank of Scotland Group Plc and Switzerland's UBS AG - played a central role. ... The documents reviewed by Reuters in analyzing the traders' involvement included ...
Libor Crime Probe in UK Starts as US Readies Indictments  Bloomberg
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Terence Corcoran: Not wealthy enough to gloat
A new facteroid circling the media planet suggests Canada is sweeping ahead of the United States economically. Here it is: The average Canadian household had net worth of $363,202 at the end of last year, compared with $319,970 for the average ...
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Deutsche Bank, HSBC traders under investigation for Libor rate collusion
... employers or put under investigation by U.K. or U.S. authorities. That includes employees from Lloyds Banking Group Plc, Mitsubishi UFJ Financial Group Inc., Royal Bank of Scotland Group Plc, UBS AG, Citigroup Inc., Barclays and JPMorgan Chase & Co.
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Lawrence Solomon: Losing the anti-Semite card
Anti-Semitism on U.S. college campuses is a �serious problem,� concluded the 2006 U.S. Commission on Civil Rights.
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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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Lawrence Solomon: Obama's Jewish financiers
Jews, who represent but 2% of the U.S. population, rarely loom large in discussions of presidential politics and on the few occasions when Jews are discussed, the context is usually the ballot box.
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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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