West Texas Intermediate fell below $44 after data showed additions to already record-high U.S. oil inventories.» Read More
NEW YORK, Oct 17- UBS AG sued Croatia in New York federal court on Friday, claiming the republic owes it $45 million in principal and interest on defaulted debt assumed after the breakup of Yugoslavia. In 2001, the country's remaining external debt was divvied up among Croatia and the other successor states to Yugoslavia: Bosnia and Herzegovina, Macedonia,...
Oct 14- A UBS AG unit will pay $5.2 million in a settlement with Puerto Rico's financial institutions regulator over the firm's practices involving sales of Puerto Rico closed-end bond funds whose values later plunged. UBS Financial Services Inc of Puerto Rico has agreed to pay $1.7 million in restitution to 34 Puerto Rico residents who invested in the funds...
The U.K. government plans to sell its stake in the Eurostar train operator that links Britain with the European continent, George Osborne announced.
Wall Street is spending more on the midterms than ever before—particularly in support of the GOP—but it's not from whom you might think.
A harsh northern hemisphere winter, OPEC supply cut and volatile geopolitics may send oil prices back towards $100 a barrel.
Axel Weber, Chairman of UBS, says both countries need to get control of their respective budgets, warning that any violation of European rules will be a detrimental mistake.
The Justice Department is preparing a fresh round of attacks on the world's biggest banks, the New York Times reports.
SAO PAULO, Oct 6- Brazilian cellphone tower operator T4U Holding Brasil SA delayed the pricing of a 500 million-real initial public offering for a month as concern over the nation's presidential election hampered sentiment ahead of investor meetings, two sources with direct knowledge of the deal said on Monday. T4U, which is controlled by Israel's Fishman...
Dark pools continued to gain equity trading at the expense of public exchanges in Europe last month, Thomson Reuters data showed.
The Japanese government has selected Nomura Securities and JP Morgan among the 11 underwriters for a planned IPO of state-owned Japan Post.
The rise of the modern sports industry could be the reason why many pro athletes find themselves in financial turmoil.
Sept 26- RadioShack Corp shareholder Standard General LP said it was in talks to improve the troubled electronics retailer's cash position ahead of the crucial holiday season. Standard General said it also raised its stake in RadioShack to 9.8 percent from 7.08 percent, becoming the company's largest shareholder.
JPMorgan was the top performing investment bank in the first half of the year, making $11.5 billion in revenue, data showed on Thursday.
China plans to open its markets to foreign investors who have been largely shut out. The New York Times reports.
The assets most likely to benefit from the U.S. dollar's march higher may not be stateside, with analysts looking to Europe and other regions.
T4U, which is controlled by Israel's Fishman Group, hired Bank of America Merrill Lynch, Itaú BBA SA, UBS AG and Citigroup Inc to manage the deal. The IPO plan, the first to be filed in Brazil in about a year, comes at a time when operators such as American Tower Corp expand in Brazil and demand for high-speed internet spurs the construction of thousands of towers.
London’s currency traders are set for a dramatic fall in bonuses, amid FX investigations and low trading volumes, a new report has found.
Improving living standards are creating new investment opportunities in meat, milk and fish products. Simon Smiles, CIO of Ultra High Net Worth at UBS, explains why.
David Heiman, whose law firm Jones Day represents Detroit, told Rhodes that Syncora and the city "have laid down their swords." In a court filing on Monday, Syncora confirmed a "comprehensive settlement" with the city that was still subject to "definitive documentation and resolution of other terms.
Sept 15- RadioShack Corp's chief financial officer resigned, citing personal reasons, amid reports that the cash-strapped electronics retailer was negotiating a financial package to help it avoid bankruptcy. Shares of RadioShack, which last week warned it may seek bankruptcy protection, rose as much as 23 percent on Monday.