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UBS relaxed on life after Brexit

Sergio Ermotti Interview Pic

UBS has a degree of flexibility if its UK outpost looks set to lose its ability to operate across the European Union once Britain leaves the bloc, Chief Executive Sergio Ermotti said at the World Economic Forum in Davos on Monday.

Reuters - Morgan Stanley gets China nod

Red flags

Morgan Stanley has received China securities regulator's approval to boost its stake in its Chinese securities venture to 49 percent, said a person with direct knowledge of the matter, making it the first foreign bank to get such a nod.


Jamie Dimon

Bank earnings good enough, Dimon upbeat on economy

The first wave of earnings reports has rolled in, and they are "good enough," with Bank of America , PNC and JPMorgan all beating on the bottom line, while Wells Fargo at 96 cents was a bit shy of the $1 consensus.


For hire hiring

Canaccord Genuity expands healthcare investment banking

Canaccord Genuity has announced the expansion of its U.S. investment banking group with the addition of Duncan Dashiff as Managing Director and Head of Healthcare Services, which includes the firm’s Healthcare Information Technology (“HCIT”) practice in the U.S.