UBS AG, Switzerland’s biggest bank, said it may post a loss in the third quarter because of a $2bn loss from unauthorized trading at its investment bank.
Perfect timing - 3 years to the day after the fall of Lehman Brothers!
MF Global has announced the realignment of its global Equities business. The company will focus on areas where it has established strengths and competitive differentiation - specifically commodities, financial services, consumer and global policy research.
What with all the doom and gloom surrounding job losses, we thought we'd take a quick look at job vacancy numbers as they feature on firms' websites.
The hedge fund manager convicted of conducting America's biggest insider trading scheme has told court officials he isn't "clear" that what he did was wrong. The admission may lead to an ever harsher sentence, say legal experts.
Redundancy is rarely looked upon as an opportunity, but that is exactly what it can be. With the right planning and the right outlook you can turn what seems like a despairing situation to your advantage.
It's beginning to feel like 2008. Hold on to your hat.
The head of UK fund management group Schroders has stoked fears HSBC could shift its headquarters from London to Hong Kong to escape wide-ranging banking reforms unveiled on Monday.
Frederic Oudea, CEO of Societe Generale SA, talks frankly about the outlook for the bank and Europe's debt crisis.
French bank BNP Paribas has hit out at a Wall Street Journal story which created waves Tuesday, and which suggested that the company was having a liquidity problem in $US.
Facebook chief executive Mark Zuckerberg sets himself a “personal challenge” every year, from wearing a tie every day in 2009 and learning to speak Mandarin in 2010 to only eating meat in 2011 if he killed the animal himself.
Facebook has apologised after learning, yet again, that not everything can be done algorithmically. Some things, it seems, need the human touch.
2014 wraps up, here's one thing we can all agree upon: It was a wild year for start-ups.