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Wolf to Leave UBS to Form New Firm
He will continue to work on current mandates, pitches and generating new business for UBS. Please join us and the entire Group Executive Board in thanking Robert for his dedicated service and significant contributions to UBS. We look forward to ...
HSBC, Libor Manipulation, Microsoft, JPMorgan: Compliance
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 investigating. For more, click here. Bernanke Says Banks Underreporting Libor 'Very Troubling'.
Asian Millionaires Firing Banks Take Charge of Own Wealth
Managers at Credit Suisse Group AG, Citigroup Inc. and other banks in Asia have full discretion over clients' portfolios for just 4 percent of assets under management, according to a June report from Boston Consulting Group. That's down from 7 ...
Novogratz Wrestles Wall Street for Funds to Lure US Olympians
The former University of Oklahoma wrestler approached Michael Novogratz a few years ago at a fundraiser for the inner-city wrestling program Beat the Streets and asked the Fortress Investment Group LLC principal and director for a job.
NRG Rises After Agreeing to Buy GenOn for $1.8 Billion
“The all-share transaction is the latest in a series of mergers in the sector focused on minimizing cost structure given the pronounced power and gas downturn,” Julien Dumoulin-Smith, a New York-based analyst with UBS AG, wrote in a research note today.
Libor price fixing case is getting work for lawyers
The individuals, some whom were employed in either New York or London by Barclays, UBS and Citigroup, have retained lawyers as a federal grand jury in Washington, D.C.
BofA Yanks Most Teller Machines From Malls, Gas Stations
Bank of America Corp., the lender targeting $8 billion in expense cuts, reduced its automated teller network almost 9 percent this year by yanking most of the devices deployed at U.S. gas stations and malls. Your cheat sheet on life, in one .... While ...
Lining Up Libor Alternatives
Japan's Nomura Holdings Inc. and Swiss bank UBS AG are among banks trying out a rate linked to the market for repurchase agreements, or "repos.
US Women Gymnastics Team Ends 16-Year Wait for Olympic Gold
The U.S., which was paired with Russia throughout the final, took an early lead with no one surpassing Maroney's score of 16.233 on the vault.
Peter Sauer, Ex-Hoops Star, BofA Executive, Dies at 35
“He was truly one of a kind and universally adored,” Keller, now a managing director at UBS AG in New York, said in an e-mail.