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By Marlene Y. Satter, AdvisorOne |
October 29, 2012
The actions are seen as a way for UBS to go "back to its roots" in the advisory business.
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By Marlene Y. Satter, AdvisorOne |
August 10, 2012
They are trying to limit their liability even as London-based Barclays, hit with a record fine over its role in LIBOR manipulation, named a new chairman to replace the one felled by the scandal.
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By Marlene Y. Satter, AdvisorOne |
July 3, 2012
A day after he insisted he had no intention of stepping down, Bob Diamond resigned as head of Barclays Bank effective immediately, bowing to pressure from lawmakers outraged over the manipulation of Libor rates on his watch.
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By Marlene Y. Satter, AdvisorOne |
January 13, 2012
In the wake of cuts announced Thursday by Royal Bank of Scotland Group that it will close or sell its equities, mergers advisory and equity capital markets businesses, slashing 3,500 jobs, other European banks may follow suit.
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By Janet Levaux & Marlene Satter |
December 1, 2011
Bob McCann takes over as CEO for the Americas business from Lofts, who re-assumes his role as chief risk officer for the global bank
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By Marlene Y. Satter, AdvisorOne |
October 17, 2011
European banks are pushing back against a plan for write-downs of Greek debt that would be great then than the 21% already agreed upon.