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ON THE MOVE-Baird adds adviser teams from Morgan Stanley, UBS
ReutersMay 14 (Reuters) - Robert W. Baird & Co said on Tuesday it hired two teams of veteran financial advisers from top Wall Street brokerages Morgan Stanley Wealth Management and UBS Wealth Management Americas to expand Baird's adviser footprint in the...Tags: Employment Opportunities, Employment, Wells Fargo & Co., Morgan Stanley Dean Witter & Company, Career and Workplace
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Swiss try Czechs, Belgian in major money laundering probe
Reuters* Coal company takeover a big Czech privatisation scandal * Swiss government freezes $700 million in case * Czech authorities slow to cooperate, but bring charges * Defendants say they are innocent By Martin de Sa'Pinto and Jan Lopatka BELLINZONA,...Tags: Economy, Business and Finance, Defendants, Government, Politics, Litigation
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ON THE MOVE-UBS hires Merrill private wealth team in Florida
ReutersBy Ashley Lau May 13 (Reuters) - UBS AG's Wealth Management Americas said it has hired two veteran private wealth advisers and their team from Bank of America Corp's Merrill Lynch in Florida to join UBS's Fort Lauderdale office. The Parker-Harrigan...Tags: Banking, Fort Lauderdale, Bank of America Corp., Aventura, Morgan Stanley Dean Witter & Company
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UBS names Palmer head of equity capital markets Americas
ReutersBy Olivia Oran May 10 (Reuters) - UBS has appointed James Palmer as its new head of equity capital markets for the Americas, according to an internal memo obtained by Reuters. Palmer, previously a managing director in the group, will report to head of...Tags: Norwegian Cruise Line, Thomson Corporation
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US seeks record prison for ex-UBS bankers over muni bid-rigging
Reuters* Former UBS commodities chief Ghavami, two others convicted * U.S. seeks minimum 19-1/2 years prison for Gary Heinz * U.S. in broad probe of $3.7 trillion municipal bond market By Jonathan Stempel May 9 (Reuters) - U.S. prosecutors are seeking record...Tags: U.S. Department of Justice, Defendants, Manhattan (New York City), Punishment, Justice System
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ON THE MOVE-UBS Wealth adviser joins Morgan Stanley in Florida
ReutersBy Ashley Lau May 7 (Reuters) - A veteran broker from UBS AG's Wealth Management Americas division has moved to rival brokerage Morgan Stanley Wealth Management, joining the company's office in West Palm Beach, Florida. Robbie DeRooy, who has worked...Tags: Citigroup Incorporated, Bank of America Corp., Wells Fargo & Co., Morgan Stanley Dean Witter & Company, Palm Beach (Palm Beach, Florida)
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Special Report: Subprime bond bounces back, leaving behind a subprime borrower
ReutersWOLFEBORO, New Hampshire (Reuters) - During the crazy days of the housing bubble in 2006, bankers created a bond called MABS 2006-FRE1. The instrument gave buyers the right to payments on the subprime housing loans of nearly 2,000 borrowers, including...Tags: Economy, Business and Finance, Real Estate, Deutsche Bank AG, Hunting, Mutual Funds
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WRAPUP 1-French banks battle economy with more cost cuts
Reuters* SocGen latest bank to announce cost-savings plan * Q1 results overall better than expected -analysts * Domestic loan-loss provisions rise at both banks * Investment banking, asset sales among bright spots (Adds analyst comments, share prices, Credit...Tags: Germany, Economy, Business and Finance, Swiss Confederation, Finance, Layoffs and Downsizing
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Swiss bank Frey eyes U.S. branch to head off tax probe - sources
Reuters* Frey's head of private banking faces U.S. tax charges * Bank's move could be template for others By Martin de Sa'Pinto ZURICH, May 6 (Reuters) - Switzerland's Bank Frey may seek to open in the United States and bring American customers onshore in...Tags: Swiss Confederation, Zurich (Swiss Confederation), Swiss Bank Corporation
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Will Stamford Benefit From UBS Reshuffling?
UBS, the Swiss banking giant, had 21,376 U.S. employees last fall when it announced it would cut 10,000 people worldwide. By the end of April, the U.S. workforce had fallen to 20,504. As the layoffs ripple through UBS's investment banking segment,...Tags: Connecticut Economic Development, Manhattan (New York City), Career and Workplace, Employees, Stamford
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INSIGHT:How Singapore's currency club fell apart
Reuters* Rate-setting scandals in US, London triggered review in Singapore * Review finds NDF traders colluding to manipulate currencies-Reuters * Banks fire dozens of traders, review continues * Traders say they had to "chat" to find "price discovery" *...Tags: Economy, Business and Finance, Financial Markets, Money and Monetary Policy, Deutsche Bank AG, Electronics
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Banks in Singapore agonise over rich clients in tax evasion clampdown
ReutersBy Rachel Armstrong, Saeed Azhar and John O'Callaghan SINGAPORE, May 6 (Reuters) - Banks in Singapore are urgently scrutinising their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of...Tags: Banking, Economy, Business and Finance, Germany, Swiss Confederation, Finance
May 14, 2013
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May 13, 2013
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May 13, 2013
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May 10, 2013
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May 9, 2013
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May 7, 2013
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May 7, 2013
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May 7, 2013
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May 6, 2013
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May 6, 2013
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May 6, 2013
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May 5, 2013
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