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UBS Wealth Americas breaks records

UBS sign

The 7,114 brokers at UBS Wealth Management Americas generated record quarterly revenue of $1.9bn in the three months ending September 30th, largely through selling loans to clients and funneling their assets into packages of mutual funds and other managed accounts.

Deutsche Bank expands management board

Deutsche Bank - Foyer Bridge

The Supervisory Board of Deutsche Bank has announced that it has realigned individual responsibilities on the Management Board in line with the Bank's ongoing strategic, regulatory and litigation priorities.

Singapore easiest place to do business: World Bank


The wealthy island nation of Singapore topped the World Bank's ease of doing business rankings for the ninth consecutive year, according to the Doing Business 2015: Going Beyond Efficiency' report, released Wednesday.