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UBS Announces Changes To The Group Executive Board

UBS has announced that the Board of Directors has appointed Tom Naratil as Group Chief Financial Officer and member of the Group Executive Board, with effect from June 1, 2011, and Sergio Ermotti as Chairman and CEO of Europe, Middle East and Africa (EMEA) and member of the Group Executive Board, with effect from April 1, 2011.

Top Firm's Asia-Pac Staff Not Worried About 'Survival' Now

Bloomberg reports that as Bank of America heads for its best year in Asia-Pac M&A since 2005, Jayanti Bajpai, the co-head of Bank of America Merrill Lynch's Asia-Pacific unit, has reflected on how things were during the dark days when he first took over in early 2009.

Top Firm Sued For $6.4bn Over 'Massive Fraud'

Bernie Madoff

Irving Picard, the trustee for the liquidation for Bernard L. Madoff Investment Securities LLC, announced Thursday the filing of a complaint in the US Bankruptcy Court for the Southern District of New York against JPMorgan Chase.

Toilet Trouble

The Daily Mail has reported that Norwegian trade union Parat has been doing some investigations into how Norway's companies monitor the amount of time employees take in the toilet during work time.