Page 550 


All the latest on UBS

Cinese Flag

UBS appointed Chris Hagstrom and Mike Pasquale co-heads of Americas equities distribution as the bank looks to regain market share in global stock trading.

Greece, China fears push cash levels to Lehman highs

Pic Cash

After four weeks of extreme volatility in Chinese stock markets and the threat of Greece being pushed out of the euro zone, asset managers took fright and hiked their cash holdings to levels not seen since the collapse of Lehman Brothers.