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Stock Market & Financial Investment News

News For UBS;JPM;C;HBC From The Last 14 Days
Check below for free stories on UBS;JPM;C;HBC the last two weeks.
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May 13, 2013
07:41 EDTJPMDimon role may be decided by board director Raymond's view, NY Times reports
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07:29 EDTUBSSkillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16.
07:07 EDTJPMJPMorgan shares offer good value, says Bernstein
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06:49 EDTUBSECB member says negative deposit rates would help economy, Reuters says
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06:22 EDTJPMJPMorgan's Dimon has considered leaving the bank, WSJ reports
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06:05 EDTHBCHSBC CEO Gulliver simplifies the bank, focused on growth, Reuters reports
HSBC's sale of a stake in a Korean insurer last month was made with little fanfare, just one of 52 deals struck or businesses closed in the last two years by CEO Stuart Gulliver, and analysts are expecting more, reports Reuters. This week, he's expected to say he can find at least $1B more in cost savings, cut more jobs and businesses and dangle the prospect of higher dividends for investors. Reference Link
May 10, 2013
16:01 EDTCOptions Update; May 10, 2013
CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data.
14:21 EDTJPMJPMorgan directors recommend against splitting Chairman, CEO roles
Two of JPMorgan's directors, Lee Raymond and William Weldon, sent a letter to shareholders of the bank urging for re-election of all its existing directors and supporting Jamie Dimon continuing as both Chairman and CEO. The directors, who identified themselves as the Presiding Director and the Chairman of the Corporate Governance & Nominating Committee, stated: "We believe that a vote against our current Directors or a vote to permanently separate the Chairman and CEO positions could be disruptive to the Company and is not in shareholders’ best interests," according to a copy of the letter posted online by Financial Times. Reference Link
13:17 EDTUBSUBS names Palmer head of equity markets for Americas, Reuters reports
UBS has installed James Palmer as head of equity capital markets for the Americas, according to Reuters, which cited an internal memo it obtained. Palmer was previously a managing director in the group, the news service stated. Reference Link
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