UBS opened a financial futures brokerage service in China, allowing it to tap the country’s $64tril market.
'There is a 90% probability'.
UBS has cut a handful of private bankers from operations in Singapore and Hong Kong in recent weeks including a senior catering for the super rich in Southeast Asia, two people familiar with the matter said.
The long-standing relationship between Sir Philip Green and Goldman Sachs will be scrutinised this week as part of a parliamentary probe into the collapse of BHS, the high street retailer.
A former Barclays trader who is currently standing trial accused of Libor-rigging related offences told the court late last week that three senior figures at the bank must have known about the rate fixing.
The boss of Tesco Bank spent more than £18,000 on London taxis in just eight months last year, being taken to upmarket restaurants, private members’ clubs and the supermarket’s various head offices despite the tough new approach to costs adopted by the grocer’s chief executive, Dave Lewis.
Some of the biggest US companies have accumulated cash piles worth almost $1.7tn (£1.1tn) – more than two thirds of it overseas.
Goldman Sachs has suffered a stinging rebuke over pay from its investors just hours after shareholders in rival Deutsche Bank rejected its remuneration plans outright.
Trimming some positions, and moving an operation team to improve back-office efficiency'.
'This is a preposterous and baseless request'!