ubs
The Super Bowl champion Green Bay Packers got the NFL's approval this week to sell more stock to the public, but even the Pack can't compete with the buzz of another anticipated "football" stock offering: Manchester United. Certainly owning shares in a team makes for great pub talk, but is it a wise investment?
UBS was under pressure Friday to explain how its managers failed to catch a $2 billion loss due to rogue trading, with experts calling into question the Swiss bank's ability to turn around its scandal-hit image.
As police in London obtained a 12-hour extension to question the trader, 31-year-old...
How Much Cash Would You Need After a Terrorist Attack?
6:00AM 9/10/2011
Imagine that the worst does happen again: A major attack. Chaos and disorder. Banks could be closed, ATMs down. Electricity could be out. Your credit cards? Suddenly useless. So how much money -- good old folding cash -- do you need to be able to put your hands on to get through the aftermath?
UBS to Cut 3,500 Jobs; Which Banks Could Be Next?
7:30AM 8/23/2011
Goldman Sachs , Morgan Stanley , Bank of America, Citigroup, Careers
In a cost-cutting move, Swiss banking giant UBS announced that it would trim 3,500 people from its workforce. Most of the cuts, which are expected to save $2.5 billion in annual costs, will be in the firm's underperforming investment banking unit. It's the latest in a string of big bank layoffs. Who could be next?
Wouldn't it be great if you could plot your retirement with one simple mathematical equation? We're not there yet, but Lincoln Financial Group comes close. Their formula: Just save up 10 times your annual income for retirement. But does the 10x Rule really work?
Wendy's/Arby's Group Considers Spinning Off Arby's
8:23AM 1/20/2011
Wendy's/Arby's Group, the third-largest U.S. fast food company, said Thursday it is considering selling the Arby's chain to focus on the Wendy's brand. Arby's is the second-largest quick-service sandwich chain in the U.S., but its performance lagged behind Wendy's during the downturn.
Fiat May Raise Its Stake in Chrysler to 51%
9:16AM 1/03/2011
Fiat CEO Sergio Marchionne said Monday that he could increase Fiat's ownership in Chrysler to more than 50% should America's smallest domestic automaker seek to return to the stock market this year, but that he doesn't plan to merge the companies' operations.
UBS to Employees: We're Bankers -- and Must Dress Like Bankers
10:40AM 12/16/2010
In a bid to promote a more polished image, Swiss-banking giant UBS is giving employees a 43-page guide that advises them on how to dress to impress when dealing with clients, in extreme detail. Do: Wear jackets buttoned. Don't: Let underwear be seen.
Business Leaders 'Encouraged' by Obama Talks
6:45PM 12/15/2010
The CEOs of 18 big companies, including Google, Boeing and General Electric, met with President Barack Obama to discuss the U.S. economy Wednesday. Several business leaders said they left with a sense of improved collaboration. But what will the talks actually accomplish?
Some Madoff Victims Pursued by Trustee for Damages
6:42AM 12/07/2010
Irving Picard, trustee for the victims of the Madoff fraud, has a new target – other Madoff clients.
Picard has filed lawsuits against hundreds of defendants saying they profited from Madoff's giant Ponzi scheme, withdrawing more than they invested, CNN reported. He's seeking damages on...
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| Symbol | Last | Change / % | Volume |
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Most Actives
| 8.05 | -0.13 -1.59% | 55.20M | |
| 2.23 | +0.29 +14.69% | 39.51M | |
| 27.54 | -2.20 -7.40% | 9.02M | |
| 29.56 | -2.43 -7.60% | 8.76M |
% Gainers
| 35.62 | +11.72 +49.04% | 4.56M | |
| 2.23 | +0.29 +14.69% | 39.51M | |
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| 84.74 | +8.35 +10.93% | 3.49M |
% Losers
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