UBS will now plead guilty to rigging foreign currencies along with 4 other banks. Is a crackdown long overdue? With Andrew Stoltmann of Stoltmann Law Offices and Marc Lopestri of Lopresti Law Group.» Read More
Chinese shares touched fresh seven-year highs on Monday, while Japan's Nikkei 225 struggled to find momentum.
Dennis Gartman, editor and publisher of "The Gartman Letter", discusses news that UBS has poached a team of oil and gas investment bankers from Bank of Montreal.
A New York banking regulator's probe of Barclays' forex business is holding up a settlement of currency rate-rigging allegations, the FT reports.
Foreign private banks are bulking up in India, anticipating new opportunities to advise eager Indian millionaires and on signs of economic revival.
Oil prices have rallied off post-crisis lows, possibly marking the rout's bottom as producers' cutbacks begin pinching supply, some analysts said.
West Texas Intermediate fell below $44 after data showed additions to already record-high U.S. oil inventories.
Apple expected to report more iPhone sales in China than in the US, highlighting the shifting power balance of the smartphone market, the FT reports.
Simon Smiles, CIO for Ultra High Net Worth at UBS Wealth Management, says rising capital inflows into hedge funds reflect demand for alternative investments like private equity.
The European Central Bank's first meeting is a hot topic at Davos this year. Axel Weber, chairman of UBS says that the real issue in Europe is reforms.
Andrew Lee, Global Head of Alternative Investments at UBS, says an increasingly diverging world economy presents opportunities for hedge funds and private markets like private equity.
China's new home prices continued significant fall in December even as year-end sales volumes surged - a somber omen for upcoming 2014 GDP.
Why banks that have exuberantly extended credit to oil companies may feel the pinch of tanking oil.
China's $26B trainmaker merger made Bank of America Merrill Lynch first in Asia's 2014 dealmaking rankings, showing the importance of SoEs for banks.
The yen gained sharply against both the dollar and euro on Tuesday as investors sought the traditional safety of the Japanese currency.
A decade after splitting two railroad manufacturers from the same company to promote competition, China now wants to recombine them. The Financial Times reports.
China's shadow banking sector is growing rapidly despite tightened rules, taking advantage of a regulatory anomaly to prosper.
A month after the Shanghai-Hong Kong trading link opened, demand has subdued and most activity has come from short-term speculative traders.
Owner of Dalian Wanda says China's era of rapid urbanization will end within a decade, so he is looking to shift toward tourism and entertainment.
The U.S. dollar slipped against major currencies on Tuesday on expectations that the Federal Reserve would take a cautious tone.
JPMorgan retained its crown as the top performing investment bank in the first nine months of the year, with revenue of $17.1 billion year-to-date.