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UBS In Quick Fix

First Aid

UBS fixed a loophole that former trader Kweku Adoboli allegedly used to conceal unauthorized transactions by giving them long-term settlement dates, the bank’s risk officer said at a London criminal trial.

Vikram Pandit : I Was Not Forced Out at Citigroup

Showing You The Door

Vikram Pandit denied that he was forced out as Citigroup's CEO, telling CNBC Tuesday that it was his decision to step down after five years at the bank and that he had been thinking about it for awhile.

New York and London Top 2012 Cities of Opportunity Study


Though New York and London lead cumulative scoring, emerging cities, including Beijing and Shanghai, are narrowing the gap within key economic indicators, according to the fifth edition of Cities of Opportunity released last week by PwC and the Partnership for New York City.