Search Results for: UBS Group
What Beats by Apple would mean for music, and you
May 12th, 2014
It’s an odd pairing, really, the gadget-obsessed tech giant from Silicon Valley teaming up with hip-hop super producer Dr. Dre and music mogul Jimmy Iovine. But late Thursday, reports surfaced that a $3.2 billion deal was in the works ...
Draghi Sets Clock Ticking for June Stimulus by ECB
May 9th, 2014
Mario Draghi has given himself a month to craft a new fix to the European Central Bank’s deflation angst. Cutting the euro area’s benchmark interest rate to a record tops the list of options for the ECB President after ...
Sherman, PRA Drop $16 Million Debt Collection in New York
May 8th, 2014
Two of the largest U.S. consumer debt buyers agreed to drop collections on about $16 million in judgments to settle allegations they violated New York law in pursuing debtors, the state attorney general’s office said. Portfolio Recovery Associates (PRAA) ...
Billionaire Kwoks Plead Not Guilty to HK Official Bribes
May 8th, 2014
Thomas and Raymond Kwok, the billionaire brothers running Hong Kong’s second-largest developer, and the Chinese city’s former No. 2 official pleaded not guilty today to charges including conspiracy to commit misconduct in public office. Rafael Hui, the Government’s Chief ...
Samsung to Fight Apple Smartphone Trial Verdict: Lawyer
May 6th, 2014
Samsung Electronics Co. will challenge a jury’s $120 million award to Apple Inc. in a patent-infringement verdict that was “unsupported by evidence,” a lawyer for the Suwon, South Korea-based company said. Samsung will ask the trial judge and an ...
Russia Knows Europe Sanctions Ineffective With Tax Havens
May 5th, 2014
Two years ago, a Dutch law firm prepared a pitch in Moscow to Russian businesses: come to the Netherlands and we can help you avoid taxes and keep your assets safe. “You can rely on our legal system!” the ...
Barclays, Credit Suisse Battle Banker Exodus, Legal Woes
May 5th, 2014
Barclays Plc (BARC), Credit Suisse Group AG and UBS AG (UBSN) will face questions this week about key banker departures, legal challenges and their efforts to boost profitability. Barclays last week lost three top bankers in the U.S. and ...
Deutsche Bank Attacks Basel Plan’s Threat to Repo Market
April 30th, 2014
Global banks from Deutsche Bank AG (DBK) to Credit Suisse Group AG (CS) are urging international regulators to rethink a liquidity rule they say risks harming the market for repurchase agreements and pushing up governments’ borrowing costs. Draft plans ...
Wall Street’s Top Banks To Keep Lower Profile At Russian Investment Meeting Amid Growing Sanctions
April 30th, 2014
Wall Street’s top firms are walking an increasingly fine line between business as usual and growing political pressure to shun Russia for its annexation of Crimea and meddling in Ukraine, believing that their business ties are more important than ...
European Stocks Climb Amid Earnings as Fed Meeting Starts
April 29th, 2014
European stocks rose for a second day as companies from Deutsche Bank AG to ABB Ltd. reported earnings and the Federal Reserve begins a two-day policy meeting. U.S. stock-index futures advanced, while and Asian shares were little changed. Deutsche ...
