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UBS Crisis Solution: Talk / Violent Hand Gestures

GENEVA-- Switzerland's UBS, the world's largest wealth manager, said its advice-driven, global banking business model will be a winner as others failed or were rescued by governments during the global financial turmoil. UBS was hit early on in the crisis and has announced more write-downs on toxic assets than any other European bank. "It's never been more obvious to clients that they need advice....

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UBS Analyst: Loonie Near Fair Value

FP Trading Desk submits: The Canadian dollar is currently sitting close to fair value relative to the recent drop in commodity prices, Garry Cooper, a strategist at UBS said. He said the UBS’s trade-weighted basket of commodities pointed to a fair value in the $0.87 to $0.88 range. The Canadian dollar was trading at $0.86.5 on Tuesday at 1:00 pm ET. Complete Story »

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UBS says crisis vindicates own bank model

(For other news from the Reuters Wealth Management Summit, click ) * UBS upbeat on advice-centered, global business model * Will take years to rebuild brand damage * Sees "unique" opportunities to grow in the United States GENEVA, Oct 15 (Reuters) - Switzerland's UBS (UBSN.VX: , , ), the world's largest wealth manager, said its advice-driven, global banking business model will be a winner as others...

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Loonie near fair value, UBS say

I swear, that is the actual headline at the Financial Post. The language seems related to English, eh? I saw it as I clipped this headline: " Precious metal companies dragged down by base metals ". The precious dragged down by the base. It was ever thus.

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UBS Analyst Lowers Expectations for Thomson Reuters

FP Trading Desk submits: USB analyst Jeffery Fan cut his revenue assumptions, earnings estimates and target price for Thomson Reuters Corp. (TRI) on Tuesday to account for an expected lag between the ongoing messiness in financial markets and its effect on the company. Mr. Fan now expects sales from the company’s markets division – which accounts for 60% of total revenue – to hit a trough in the first...

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Reuters Summit-UBS says to retain Asia wealth lead, slow hiring

(For other news from the Reuters Wealth Management Summit, click ) HONG KONG, Oct 15 (Reuters) - Switzerland's UBS (UBSN.VX: ), the world's largest banker to the rich, expects to retain its leading market position in Asia this year but has slowed its rate of adding staff as the global market plunge destroys wealth. Kathryn Shih, chief executive for UBS's wealth management business in the Asia-Pacific,...

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UBS leader: Not helping Lehman a mistake

WASHINGTON, Oct. 12 (UPI) -- Allowing Lehman Brothers to fail was a mistake that spilled to the U.S. money markets and snowballed, Art Cashin, UBS director of floor trading, said Sunday. I think in hindsight it's pretty clear that it was a drastic error to let Lehman go under, Cashin said on ABS' This Week with George Stephanopoulis. The financial systems crisis quickly went from Wall Street and the...

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UBS leader: Not helping Lehman a mistake

Allowing Lehman Brothers to fail was a mistake that spilled to the U.S. money markets and snowballed, Art Cashin, UBS director of floor trading, said Sunday.I think in hindsight it's pretty clear that it was a drastic error to let Lehman go under, Cashin said on ABS' This Week with George Stephanopoulis. The financial systems crisis quickly went from Wall Street and the banks to Main Street and business...

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Wilmington Trust Completes Acquisition of UBS Fiduciary Trust Company

WILMINGTON, Del.--(BUSINESS WIRE)--Wilmington Trust Corporation (NYSE: WL) announced it has completed the all-cash acquisition of UBS Fiduciary Trust Company (UBSFTC), which provides trust

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Zacks Analyst Blog Highlights: Johnson & Johnson, Energizer Holdings, Inc., Credit Suisse Group, UBS AG and UDR, Inc.

Zacks Analyst Blog Highlights: Johnson & Johnson, Energizer Holdings, Inc., Credit Suisse Group, UBS AG and UDR, Inc. CHICAGO--()--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Johnson & Johnson (NYSE: JNJ),...

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Gartner and UBS provide a mixed view on IT spending

Gartner report forecasts a 2.3 percent growth in IT spending this year, while UBS Securities predicts a more dire outcome of a 5- to 15-percent decline.

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Gartner and UBS provide a mixed view on IT spending 2008 and 2009

Gartner releases a research report that forecasts a 2.3 percent growth in IT spending this year, while UBS Securities predicts a more dire outcome of a 5 to 15 percent decline.

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Stocks rally, euro rises on bailout plan; UBS, Deutsche Bank, ING advance

Stocks rallied worldwide, with the MSCI World Index rebounding from its worst week on record, and the euro rose the most in three weeks against the dollar after governments in Europe, the US and Asia agreed to support banks.

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UBS Investment Bank announces new appointment

UBS Investment Bank has announced that Janine Shelffo will join its investment banking department as a new managing director in its technology, media and telecommunications banking group.

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Osiris Therapeutics to Present at the 2008 UBS Global Life Sciences - Forbes (OSIRonline.org)

Osiris Therapeutics, Inc. (NASDAQ:OSIR), a leading stem cell therapeutic company focused on developing and marketing products to treat medical conditions in the inflammatory, orthopedic, and cardiovascular areas, announced today that C. Randal Mills Source: www.forbes.com