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UBS Revises New Dress Code

Yes, that's right. Just a few weeks after cheering everyone up with that Zurich dress code, UBS has decided that it might be easier to simplify it.

Goldman Responds To Face Book Concerns

The New York Times reports that Goldman Sachs has decided that the level of media attention seen over its proposed private placement of Facebook shares 'might not be consistent with the proper completion of a US private placement under US law'.

JPMorgan Chase Reports Fourth-Quarter Earnings

JPMorgan Chase has reported fourth quarter 2010 net income of $4.8 billion, an increase of 47% compared with $3.3 billion for the fourth quarter of 2009. Earnings per share were $1.12, compared with $0.74 for the fourth quarter of 2009.

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China's rich to get even richer this year

The Chinese believe the Lunar New Year is about ushering in luck and fortune, and this year may be particularly prosperous for the country's wealthiest, according to research firm WealthX.