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BoE holds fire after growth forecast upgrades

Bank Of England Building

The Bank of England left its main interest rate and monetary stimulus program unchanged on Thursday, as the country's finance minister delivered his bi-annual state of the economy address.

UBS announces executives changes

UBS sign

John Fraser, who has been Chairman and CEO Global Asset Management since 2001, has decided to retire from his CEO role and as a member of UBS's Group Executive Board, effective 31st December 2013. This follows a long and distinguished career at UBS and in finance which began in the Australian Treasury and has spanned five decades.

Deutsche Bank is big sorry

Deutsche Bank - Foyer Undersphere

Deutsche Bank is committing about $2.3 billion to prove it's sorry that some of its employees rigged interest rates.