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News For UBS;BCS From The Last 14 Days Check below for free stories on UBS;BCS the last two weeks. |
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| May 20, 2013 | | 08:12 EDT |  | UBS | UBS names Sylvia Coutinho as CEO of UBS Group Brazil
 Subscribe for More Information | | | 07:50 EDT |  | BCS | Gulf wealth funds raise private equity investments, Reuters reports
Sovereign wealth funds in the Gulf Arab region are increasing their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco said in a new study, reports Reuters. Large sovereign funds have been looking for alternative investments to give better returns than low-yielding staples such as U.S. Treasuries.Reference Link | | | 07:42 EDT |  | UBS | Cohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22. | | | May 16, 2013 | | 12:32 EDT |  | BCS, UBS | EU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link | | | May 14, 2013 | | 06:19 EDT | | UBS | Brokerage firms see market share drop, competition increase, Bloomberg reports
Subscribe for More Information | | | 05:44 EDT | | BCS | Banks work deals from both sides of the field, WSJ reports
Subscribe for More Information | | | May 13, 2013 | | 18:06 EDT | | BCS | Barclays gets shareholder lawsuit over Libor thrown out, Reuters says
Subscribe for More Information | | | 07:29 EDT | | UBS | Skillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16. | | | 06:49 EDT | | UBS, BCS | ECB member says negative deposit rates would help economy, Reuters says
Subscribe for More Information | | | May 10, 2013 | | 13:17 EDT | | UBS | UBS 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 | | | | May 7, 2013 | | 12:38 EDT | | BCS | Citigroup sues Barclays over Lehman losses, Reuters says
Subscribe for More Information | | | 10:20 EDT | | UBS | Banks accused of restraining swaps market competition, Bloomberg says
A sheet metal workers union in Cleveland claimed in federal court that Goldman Sachs Group (GS), Citigroup (C) and 10 other banks have restrained market competition" for credit default swaps, violating U.S antitrust law, says Bloomberg. Other banks named in the complaint include Bank of America (BAC), Deutsche Bank (DB), and UBS (UBS), added Bloomberg. Reference Link | | | 06:01 EDT | | BCS | Antero Resources, controlled by Warburg Pincus, plans IPO, Reuters reports
Denver-based Oil and gas company Antero Resources, controlled by Warburg Pincus LLC, is preparing for an IPO that could value it at as much as $10B, sources say, reports Reuters. Antero hired Barclays (BCS), JP Morgan Chase (JPM) and Citigroup (C) to lead the deal, sources added. Reference Link | |
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