UBS AG France is under investigation for its bank practices. (Photo : Reuters)The image is the UBS sign on its corporate headquarters. The French unit of UBS AG has been placed under formal inquiry as part of an investigation started in 2012 over the practices conducted by the bank in France, according to a spokesperson.
Archives
ENRC Founders Seeking to Privatize Mining Firm
ENRC founders together with the Kazakh government is seeking to privatize the mining firm. The three pillars of Eurasian Natural Resources Corp is set to lead a consortium seeking to privatize the mining firm.
Murthy Returns to Infosys
Murthy returns as Chairman of Infosys, a post he last held in 2011. Infosys Ltd, the second largest Indian IT services firm, has faced disappointing outcomes and decreasing market share in the past few months.
Telecom Italia Chairman Updates Progress
Telecom Italia Chairman Franco Bernabe, through an interview, updates the process of the buyout from Hutchison Whampoa.
Bilfinger Set To Expand To Asia and North America
Bilfinger is setting its sights to the Asian and North American markets for expansion. Bilfinger SE, the construction and industrial services conglomerate from Germany is planning to expand into Asia or North America through acquisitions.
Latest News
ISS advises its shareholder clients to accept the bid of Softbank over Dish Network for Sprint. (Photo : Reuters)The image is the logo of the largest US proxy advisor firm, ISS.
IVG is seeking to lessen its overall indebtedness to retain a viable loan to value ratio. (Photo : Reuters)The image is the corporate log of IVG Immobilien IVG Immobilien, the property firm from Germany, said that it would need to lessen its liabilities by at least Eur1.
HSBC is planning to sell off shares totalling of 98.94% of its stake with the PT Bank Ekonomi in Indonesia.
Erajaya Swasembada and Foxconn Technology Group are said to be discussing a deal of partnership for the Indonesian market.
The Kingdom Hotel Investment sells a hotel in Mauritius to Hawaiian-based Outrigger Hotels and Resorts.
Yelp's CFO, Rob Krolik, announced that the company's doors are open to a possible partnership with Facebook graph search feature.
Two brokerages were sanctioned after having been found out of helping fraudulent IPOs. (Photo : Reuters)The Chines flag waiving in front of rising business sectors The Securities Regulatory Commission in China will fine two brokerages for helping perpetrate fraud IPOs get listed on the bourse.
Cerberus stake falls behind after US private equity fund launched an unsolicited bid. (Photo : Reuters)John W. Snow (center, CEO of Cerberus Capital Management LP strikes a pose with other CEOs.
Japanese firm Mitsubishi plans to buy a majority stake from the Brazilian grain company, Los Grobo Ceagro.
