UBS extends lead through Southeast Asian boost

Swiss bank UBS remains on top of Asia-Pacific equity capital market through the boom in Southeast Asian countries.


Brevan Howard trader involved in Libor probe exits hedge fund

Brevan Howard's trader who was supposedly involved in Libor investigation left the hedge fund. (Photo : Reuters)Citigroup official logo On Thursday, hedge fund, Brevan Howard, disclosed that it lost a trader who is supposedly associated with a large scale rate-rigging scandal.

Air Canada dismisses debt repurchase plan

Air Canada terminates a tender offer to buyback some bonds after Fed Chairman triggered sell off. (Photo : Reuters)Air Canada jets as they get ready to take off.

UBS uplifts commodity trade finance

Swiss bank UBS boosts its commodity trade finance as it makes cuts in investment banking. (Photo : Reuters)The image is the UBS sign on its corporate headquarters.


Latest News

Tremor Video announced the completed pricing of its initial public offering valued at US$10 per share piece.
The upbeat statistics on shares, bonds and oil continue to improve after US central banker's attempt to ease fear.
Jindal Steel is in negotiations to acquire an iron ore mine in Liberia as the country seeks for more foreign investors to boost its economy.
Royalty Pharma held internal discussions about making a new bid for Elan Corp according to four sources.
Ernst & Young LLP estimated a HK$100 billion proceeds if Alibaba Group Holding Ltd pushes through with an initial public offering in Hong Kong this year.
The US Justice Department investigated the planned merger of American Airlines and US Airways, a deal which is expected to be completed by end of September.
Burlington Holdings Inc. announced its planned initial public offering to raise as much as US$175 million.
Valeant's term loan has been finalized and the proceeds would be used to fund the acqusition of Bausch and Lomb.
Nearly two dozen senators urged careful review of the Smithfield-Shuanghui deal stating issues on national security and increased foreign ownership of US foodmakers.
The New York Times Co received multiple bids for The Boston Globe according to sources familiar with the auction.