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Romney's mountain of wealth could cause loud echo
WASHINGTON (AP) — Mitt Romney's tax returns tell the tale: Yes, he's rich — really rich. His returns, spanning more than 500 pages and released under political pressure Tuesday, represent an extraordinary financial accounting of one of the...Tags: Banking, Internal Revenue Service, Tampa, Bain Capital, LLC, Washington, DC
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Switzerland close to deal in U.S. tax dispute-finance minister
Reuters* U.S. investigators pursuing banks like CS, Baer * UBS already paid $780 mln fine in 2009 * Swiss can't resist pressure for more transparency-minister ZURICH, May 18 (Reuters) - Switzerland is on the brink of a deal to settle a long-running dispute...Tags: Fines, Zurich (Swiss Confederation), Swiss Confederation, Bern (Swiss Confederation), Punishment
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Dollar tops 103 yen, a 4-1/2-year high, on robust U.S. data
ReutersNEW YORK (Reuters) - The dollar rallied across the board on Friday, topping the 103-yen level as it hit a 4-1/2-year high against the Japanese currency, after data showing a robust rebound in U.S. consumer sentiment prompted investors to add to bullish...Tags: Banking, Employment Opportunities, Tampa, Gross Domestic Product, Weather Reports
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Deals of the day -- mergers and acquisitions
ReutersMay 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** DDR Corp, owner of shopping centers where big-box retailers are located, said on Wednesday it had agreed to buy from Blackstone Group LP...Tags: Novartis AG, Cubist Pharmaceuticals Incorporated, Drugs and Medicines, Pharmaceuticals, Japan
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UBS Americas hires in-house experts to spur life insurance sales
ReutersNEW YORK (Reuters) - After years of urging its financial advisers to sell more life insurance, UBS Wealth Management Americas is bringing in full-time experts and offering financial incentives to prod its tradition-bound sales force outside its comfort...Tags: Banking, Loans, Pension and Welfare, Insurance, Raymond James Financial Incorporated
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EU oil price probe puts Platts in spotlight
ReutersLONDON (Reuters) - A European investigation into alleged price rigging by major oil companies has drawn attention to leading price agency Platts and the way it sets oil price benchmarks. Authorities on Tuesday carried out a surprise inspection at Platts'...Tags: McGraw-Hill Incorporated, Petroleum Industry, Judges, Energy Saving, Upstream Oil and Gas Activities
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Swiss stocks lift European shares to fresh heights
Reuters* FTSEurofirst 300 closes up 0.7 pct at 1,245.66 points * Euro STOXX 50 rises 0.5 pct to 2,809.58 points * Fall in Swiss franc buoys Swiss stock market * Oil pricing probe hits energy companies' stocks By Sudip Kar-Gupta LONDON, May 15 (Reuters) -...Tags: Stock Market, Novartis AG, Petroleum Industry, Prices, Central Bank
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EUROPE RESEARCH ROUNDUP: Axa, Allianz, SIG, Vodafone, Smith & Nephew
ReutersMay 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Axa, Diploma and SIG, on Tuesday. HIGHLIGHTS * Insurance: Socgen starts Axa with buy * Construction: Jefferies raises target price...Tags: Rio Tinto Plc, Deutsche Telekom AG, Republic of Ireland, Smith & Nephew Plc, Real Estate Sellers
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ON THE MOVE-Baird adds adviser teams from Morgan Stanley, UBS
ReutersMay 14 (Reuters) - Robert W. Baird & Co said on Tuesday it hired two teams of veteran financial advisers from top Wall Street brokerages Morgan Stanley Wealth Management and UBS Wealth Management Americas to expand Baird's adviser footprint in the...Tags: Employment Opportunities, Career and Workplace, Employment, Wells Fargo & Co., Personal Finance
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Swiss try Czechs, Belgian in major money laundering probe
Reuters* Coal company takeover a big Czech privatisation scandal * Swiss government freezes $700 million in case * Czech authorities slow to cooperate, but bring charges * Defendants say they are innocent By Martin de Sa'Pinto and Jan Lopatka BELLINZONA,...Tags: Privatization, Prosecution, Trials, Organized Crime, Defendants
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ON THE MOVE-UBS hires Merrill private wealth team in Florida
ReutersBy Ashley Lau May 13 (Reuters) - UBS AG's Wealth Management Americas said it has hired two veteran private wealth advisers and their team from Bank of America Corp's Merrill Lynch in Florida to join UBS's Fort Lauderdale office. The Parker-Harrigan...Tags: Banking, Melbourne, Personal Income, Fort Lauderdale, Bank of America Corp.
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UBS names Palmer head of equity capital markets Americas
ReutersBy Olivia Oran May 10 (Reuters) - UBS has appointed James Palmer as its new head of equity capital markets for the Americas, according to an internal memo obtained by Reuters. Palmer, previously a managing director in the group, will report to head of...Tags: Thomson Corporation, Norwegian Cruise Line
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May 10, 2013
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