investment bank

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  UBS Could Shake Up Investment Bank

  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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  Credit Suisse to Slash $1.1 Billion More on Plunging Profits

  By Marlene Y. Satter, AdvisorOne  |  October 25, 2012

  It will cut additional jobs and possibly sell off its ETF business, seeking to make up for a drop in profits of 63%.

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  Morgan Stanley Sued for Targeting Black Homeowners

  By Janet Levaux, AdvisorOne  |  October 15, 2012

  According to the ACLU, who filed the lawsuit, the case is the first to link racial discrimination to mortgage-backed securities.

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  Basel Capital Rules Could Be Delayed: Sources

  By Marlene Y. Satter, AdvisorOne  |  October 12, 2012

  The start date for new Basel III rules on bank capital could be pushed back by six months to a year, according to three people with knowledge of current discussions.

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  DOL, SEC Enforcement Roundup: 401(k) Trustees Sentenced for Embezzlement

  By Marlene Y. Satter, AdvisorOne  |  October 5, 2012

  The DOL and the SEC took action recently on a number of cases that included embezzlement and breach of fiduciary duty, illegal tips on M&As, failure to protect confidential information and fraud.

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  Nomura May Buy Asian Investment Firm or Broker

  By Marlene Y. Satter, AdvisorOne  |  September 7, 2012

  Nomura Holdings may be pulling back on the global stage, but it’s looking for ways to boost its presence in Asia to take advantage of the region’s growth and its rising coterie of affluent individuals.

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  Barclays Names Jenkins CEO

  By Marlene Y. Satter, AdvisorOne  |  August 30, 2012

  Antony Jenkins, head of Barclays' consumer business, is taking over the spot vacated by Bob Diamond in the heat of the LIBOR scandal.

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  12 Best & Worst Broker-Dealers: Q2 Earnings

  By Janet Levaux, AdvisorOne  |  August 24, 2012

  Earnings fell as much as 58%, but also jumped over 600% within the broker-dealer industry—AdvisorOne spotlights the six best and six worst.

• Q2 ’12 Wealth Profits Top Year-Ago Results

  By Janet Levaux, AdvisorOne  |  August 23, 2012

  Bank of America-Merrill Lynch reported profits of $2.5 billion for second-quarter 2012, or 19 cents a share, beating analysts’ estimates of 14 cents.

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  Soros Buys Into Manchester United

  By Marlene Y. Satter, AdvisorOne  |  August 21, 2012

  According to SEC filings, Soros Fund Management snapped up more than 3.1 million shares to the tune of 25.8 million pounds ($40.7 million) as of the stock’s closing price on Monday.