UBS Investment Bank.
Here's an oldie but goodie on the subject of French banks and the bonuses they pay out to non-French nationals.
Morgan Stanley has announced a comprehensive settlement with MBIA that better positions the firm for Basel III by resolving outstanding legacy exposures and releases capital to reinvest in its client-focused businesses.
Here is a quick look at other business news hitting the headlines.
Yep, they are being issued memos now.
Bloomberg reports that, according to a US regulatory filing, Citi has advised that 413 New York-based employees are at risk of being laid-off. 270 of the cuts at risk are at in the firm's Institutional Clients Group in Greenwich Street.
Here's a few links to some interesting Bloomberg, CNBC, MarketWatch, New York Post, New York Times and Reuters stories currently doing the rounds. Commerzbank in state aid talks
See if you can guess the year.
A New York state appeals court on Thursday approved Bank of America's $8.5bn settlement with mortgage securities investors in its entirety.
Worldwide M&A Off to Best Start Since 2007
George Osborne plans to sell the government’s holding in Royal Bank of Scotland “as quickly as we can” if he remains chancellor after the election.