UBS AG

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Breaking News about UBS AG:

UBS AG (NYSE: UBS; SWX: UBSN; TYO: 8657) is a diversified global financial services company, with its main headquarters in Basel & Zürich, Switzerland. It is the world's largest manager of private wealth assets, "the world's biggest manager of other people's money" and is also the second-largest bank in Europe, by both market capitalisation and profitability. UBS has a major presence in the U.S., with its American headquarters located in New York City(Investment Banking); Weehawken, New Jersey (Private Wealth); and Stamford, Connecticut (Capital Markets). UBS's retail offices are located throughout the United States, and in over 50 other countries. UBS is an abbreviation, which originated from a predecessor firm, the Union Bank of Switzerland, however UBS ceased to be considered a representational abbreviation after its 1998 merger with Swiss Bank Corporation.

A plan to help shrink mobile phone bills

Source: Livemint.com

Chennai: When Delhi-based financial adviser Manish Sinha racked up a phone bill of Rs 1.62 lakh in a month a year ago, he had not anticipated that 3G (third generation) data usage could put a serious hole in his pocket ...
Full article at: Livemint.com  More like this  3 hours ago

RIM misses Earning Targets and Restructures

RIM misses Eearning Targets and Restructures
RIM released their quarterly earnings and reported a net loss of $125m.
Read more Mar 30 2012, 2:32am CDT
 

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Stimulus is important measure, analysts say

Source: China Daily

Large manufacturers with falling sales seek to boost market share Large manufacturers, strugng against falling profits and slower growth, are pinning their hopes on government stimulus measures and reform, economic analysts said. Earnings among ...
Full article at: China Daily  More like this  3 hours ago

Kuwaiti shaikh sues UBS for unpaid adviser fees

Source: Gulfnews

Dubai: A member of Kuwait's ruling family, Shaikh Mesha'al Jarah Al Sabah, is suing Swiss bank UBS in Dubai, alleging unpaid fees. UBS AG invited Shaikh Mesha'al to apply for a non-executive position with the bank soon after it became the lead ...
Full article at: Gulfnews  More like this  5 hours ago

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Turkey boosts gold holdings as price rises

Source: Gulfnews

London: Turkey expanded its gold reserves by 29.7 metric tonnes in April as Ukraine, Mexico and Kazakhstan increased their holdings of the metal, International Monetary Fund data show. Turkey's bullion reserves climbed to 239.3 tonnes last month ...
Full article at: Gulfnews  More like this  6 hours ago

Nasdaq chaos engulfed Facebook IPO

Source: NDTV

Dead silence. For nearly 20 minutes on the morning of Facebook Inc's trading debut last Friday, the line Nasdaq had opened up to keep traders informed about the social media company's $16 billion IPO had ...
Full article at: NDTV  More like this  14 hours ago

Tax could cost UBS up to 10 pct of Europe assets

Source: The Star Malaysia

ZURICH (Reuters): UBS AG could see up to 10 percent of its European assets of 300 billion Swiss francs ($312.52 billion) moved out due to pressure to clamp down on untaxed accounts, the head of the wealth management business was quoted a ...
Full article at: The Star Malaysia  More like this  1 day ago, 9:15am CDT

Consumer Biz Recap: Talbots Shares CRASH HARD, Time Warner Eyes Sports Website

Source: Wall Street Cheat Sheet

Markets closed down on Wall Street today: Dow -0.62%, S ...
Full article at: Wall Street Cheat Sheet  More like this  1 day ago, 6:34am CDT

Minute by minute of how Nasdaq chaos engulfed Facebook IPO

Source: Economic Times

Dead silence. For nearly 20 minutes on the morning of Facebook Inc's trading debut last Friday, the line Nasdaq had opened up to keep traders informed about the social media company's $16 billion IPO had been mute. Well after th ...
Full article at: Economic Times  More like this  1 day ago, 1:31am CDT

Nasdaq faces €80m claim over Facebook IPO fiasco

Source: Independent.ie

Market-makers looking to recoup losses after customer order glitch CLAIMS by four of Wall Street's main market-makers against Nasdaq over Facebook's botched IPO are likely to exceed $100m (€80m), as they and other traders c ...
Full article at: Independent.ie  More like this  1 day ago, 11:03pm CDT



 
 

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