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UBS Survey: French More Productive than Americans?
According to a new survey released by wealth management firm UBS, French work fewer hours than others, yet they are one of the most productive countries in the world. The UBS survey compares the purchasing power in 73 cities, and when compared with the nations' GDP per...
Swiss bank UBS to axe 8700 jobs / Air-France/KLM to axe 3000
Sad news today if you work for the biggest bank in Switzerland as they aim to save millions a year by axing around 8,700 jobs and Air France/KLM to axe 2,500 to 3,000 jobs within two years. " Switzerland's biggest... More Layoffs for UBS, 5,000 Jobs to be Cut by Spring
UBS is planning another round of layoffs to happen over the next few weeks according to a Reuters report, Monday. 5,000 jobs will be cut, mostly in management positions. UBS has not confirmed the layoff plans. " It said up to 2,500 management positions could go in... Swiss Bank Helped Thousands of U.S. Citizens Avoid Paying Taxes
A settlement has been reached between UBS Bank in Switzerland and U.S. officials after it was discovered that, beginning in 2000, the bank helped new American clients set up phony accounts to evade...
created by Karen Hatter | 39 wks ago | updated 39 wks ago
371 views | 40 recommendations | 3 comments
371 views | 40 recommendations | 3 comments
UBS to Cut 2,000 More Investment Banking Jobs
" UBS said on Friday it is cutting another 2,000 jobs at its troubled investment bank and closing most of its commodities business but will remain a universal bank and will not quit investment banking completely. The news on Friday comes just a day after the world's...UBS seen announcing 1,900 new job cuts
With world economy heading dangerously towards recesion banks have started cutting down jobs. After HSBC banks announced job cut few days back now UBS AG, the the European bank with the biggest losses... The Great, Great Depression...Not Just Yet-UNLESS
The American People must NOT blink! This is high stakes poker and we Must determine the bluff of our unfortunate opponent – the misguided and incapable GOP Bush White House! read more Lehman Bros & Merrill Lynch Learn a Lesson.
The International Institute of Nonviolence News&Opinion By: Rev. Jermano 158 year old Lehman Brothers filed for chapter 11 Bankruptcy today with 60 billion in debts, and Bank of American has offered to... McCain Neck-Deep in K Street Sewer
" Earlier this year, John McCain tried to defend the fact that his presidential campaign was jam-packed with lobbyists: " [T]hey’re honorable people, and I’m proud to have them as part of my team. " "...John McCain Linked To Oil Speculation Enron Loophole
No doubt John McCain does NOT want Americans to know the details behind the spiraling higher costs of oil and then refined gasoline due to oil speculation. John McCain has direct ties to the creation of the oil speculation loop hole and has strategically placed his Senate...$15.5bn UBS rights issue at 73% discount, what next? « Peter J. Cooper’s W...
Yesterday Swiss bank UBS launched a $15.5 billion rights issue to restore its tattered balance sheet at a huge 73 per cent discount to the price its shares were trading at a year ago.UBS $15bn deal with Blackrock looks absurd « Peter J. Cooper’s Weblog
Hedge fund Blackrock therefore acquires a $15 billion loan portfolio for an equity payment of $3.75 billion. But the risk of this massive leverage is largely borne by the seller UBS through a loan to fund the acquisition.Virtual Conductor: Guitar Hero for Classical Music
I don't see this gaining the same traction as Guitar Hero or Rock Band... It's an interesting little window into the classical-music world, and as such would be a cool display to have front-of-house for first-time...
created by Jordan Yerman | 1 year ago | updated 1 year ago
112 views | 0 recommendations | 0 comments
112 views | 0 recommendations | 0 comments
World's 10 biggest banks
A bank is a place that will lend you money ifyou can prove you don't need it, said US actor Bob Hope. But on aserious note, there is no denying the fact that banks are to economieswhat souls are to human beings. TheBankersalmanac.com ranks the world's largest banks by total... Subprime Losses May Reach $400 Billion, Analysts Say
Subprime Losses May Reach $400 Billion, Analysts Say Not very good "risk management."The theory of risk management is essentially that the more risk that you encounter, the more money that you may...
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