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Two UBS advisory firms settle charges with SEC

Sec Building

The Securities and Exchange Commission has announced that two UBS advisory firms have agreed to settle charges arising from their roles in failing to disclose a change in investment strategy by UBS Willow Fund LLC, a closed-end fund they advised.

HSBC continues to weigh up HQ move


HSBC CEO Stuart Gulliver said recent moves by Britain's new government reflected a more positive mood towards the financial sector, as the bank continues to weigh where it should be headquartered.

Morgan Stanley in ugly profit miss

Morgan Stanley building

Morgan Stanley delivered quarterly earnings that fell well short of analysts' expectations on Monday, as investors fled the bond, currency and commodity markets amid uncertainty about the timing of a U.S. interest rate hike and concerns about China's cooling economy.



London At Night

What will Brexit mean for the City?

Online protest-petitions aside, the people have spoken and the UK is now facing an exit from the European Union. What might this mean for the City, and Britain’s businesses more broadly?