by | Oct 14, 2010 | Towing
Starbucks has accelerated fiscal fourth-quarter same-store sales growth thanks to increasing demand for breakfast snacks and higher-priced coffee. That’s the conclusion of a UBS analyst, who raised his stock price-target on the…
by | Oct 14, 2010 | Towing
Switzerland’s UBS (UBS) will not take legal action against former employees for racking up the massive losses on subprime mortgages that left the company needing a bailout.
Kaspar Villiger, the UBS chairman, said that company was looking to the futur…
by | Oct 5, 2010 | Towing
Recent reports show that several banks have begun advising their wealthiest individual clients to put as much as 10% of their assets into the precious metal. And some are stocking up by the ton.
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by | Oct 4, 2010 | Towing
UBS and Credit Suisse Group will have to almost double their capital holdings because Switzerland has set out to further tighten the reins on its megabanks, requiring them to hold capital well in excess of the new Basel III rul…
by | Sep 27, 2010 | Towing
Citigroup’s (C) newest energy banker Stephen Trauber could take home as much as $30 million over three years as part of his juicy new pay package with the bank.
Trauber, whom Citigroup poached from Swiss bank UBS (UBS), landed himself the deal just …