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By John Sullivan, AdvisorOne |
March 20, 2013
Government-owned Freddie Mac accuses the banks, including Bank of America, of acting collectively to hold down the U.S. dollar LIBOR.
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By Marlene Y. Satter, AdvisorOne |
February 27, 2013
This week in new hires, Tom Nides rejoined Morgan Stanley, Rob Brown went to United Capital and Vanguard announced several investment management changes.
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By Janet Levaux, AdvisorOne |
January 15, 2013
Several top analysts are predicting a price of $1,720 in 2013 for the precious metal.
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By Marlene Y. Satter, AdvisorOne |
October 26, 2012
UBS is considering a revamp of its investment bank that could see it granting more responsibility to Andrea Orcel, co-head with Carsten Kengeter, and less to Kengeter, according to sources familiar with the matter.
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By Marlene Y. Satter, AdvisorOne |
October 26, 2012
Now the list of subpoenaed banks has expanded to a total of 16, including Société Générale and Royal Bank of Canada (RBC), and more attorneys general are coming in on the investigation.
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By Marlene Y. Satter, AdvisorOne |
October 9, 2012
The bank seeks to reduce its workforce by 15%–18%, now that it has a combined staff of some 5,700 in the wake of its acquisition of Bank of America-Merrill Lynch’s former U.S. wealth management units.
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By Marlene Y. Satter, AdvisorOne |
September 6, 2012
The Japanese brokerage firm Nomura Holdings plans to seek nearly half of a planned $1 billion in savings from cutting European and Middle Eastern operations, with the rest to come from the Americas and Asia.
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By Marlene Y. Satter, AdvisorOne |
August 16, 2012
Thousands of employees of Swiss banks are finding that their employers are hanging them out to dry in exchange for hoped-for leniency in connection with American accounts involved in a tax evasion investigation.
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By Marlene Y. Satter, AdvisorOne |
August 9, 2012
Not everyone is happy about the Manchester IPO scheduled for Friday. Critics are especially hard on the share structure, which allows the Glazers to remain in control.
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By Marlene Y. Satter, AdvisorOne, Joyce Hanson, AdvisorOne |
June 22, 2012
Fifteen banks in the U.S., U.K. and Europe with global capital markets operations saw their ratings cut by Moody’s, some by as many as three notches.