10/21/2012
UBS is to cut 3,000-5,000 jobs as part of cost-saving measures to offset falling profit, while rival Swiss bank Credit Suisse may announce 1,000-2,000 cuts, Der Sonntag newspaper reported.
10/18/2012
The loan is secured, reducing the British bank’s risk, but so far it has sold down just $230 million of the loan, leaving $770 million on its books.
10/17/2012
She has more than 13 years industry experience, having previously worked at ipac, Skandia, BT and Count Financial.
10/16/2012
He joins Threadneedle from Boston-based Acadian Asset Management, where he was head of emerging market debt, having joined the firm in 2007.
10/16/2012
He joined NAB in Australia in 2009 as the head of the institutional bank, with global responsibility covering its large corporates, multinationals, the commercial real estate, government and education sectors and acquisition finance and advisory business
10/15/2012
An extraordinary City row erupted last night when Nat Rothschild abruptly quit the board of a mining company he created, accusing his chairman of being "complicit" in the "oppression" of some shareholders.
10/15/2012
She was a member of the BT Financial Group leadership team for seven years, having held a number of key roles in the business including General Manager, Customer Service and General Manager, Risk Solutions.
10/15/2012
"Citigroup is well-positioned for continued profitability and growth, having refocused the franchise on the basics of banking," Mr. Pandit said.