Here's what the smart money has been saying about UBS and the refocusing of its investment bank.
It started around two months ago. Here's a collection of the best pictures on the movement from around the world.
Dress down days (or what's left of them) could see their days even further numbered, as the majority of financial services workers now want to 'dress to impress' to save their jobs, according to the latest research.
UBS provided an update to investors Thursday following the completion of a joint strategic review by the firm's Board of Directors and Group Executive Board.
Here's a few links to some interesting Bloomberg, Guardian and New York Times stories currently doing the rounds.
Here's the Forbes list of the America's largest privately-owned companies.
Here's the latest Thomson Reuters 'Investment Banking Weekly Scorecard'.
Here is a quick look at other headlines from around the world
Here's the latest from our Highly Placed Professional.
Geoffrey Raymond is an American painter. He is best known for painting embattled Wall Street CEOs, then exhibiting them in a public place and inviting pedestrians who pass by to annotate his work with Sharpies.
Billionaire investor Warren Buffett has admitted that “thumb-sucking” over selling his Tesco stake cost $444m (£287.6m), one of the biggest losses in his investment company’s history.
A 2010 raid of now-defunct hedge fund Level Global was "based completely on a lie," an attorney for the fund's manager David Ganek argued on Friday.
Former AIG CEO and President Robert "Bob" Benmosche died Friday at NYU Langone Medical Center. He was 70 and had undergone treatment for lung cancer since 2010.