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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 |
September 23, 2011
The board of UBS met in Singapore on Friday to consider what will be the future of the Swiss giant after trader Kweku Adoboli allegedly lost $2.3 billion in fraudulent activities. The future of its CEO, Oswald Greubel, also hangs in the balance.
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By Marlene Y. Satter, AdvisorOne |
June 15, 2011
Moody's Investors Service on Wednesday threatened to downgrade France's three largest banks because of their exposure to Greek debt.