12/12/2014
Swiss bank UBS has lifted stakes in Spanish REIT/SOCIMIs Merlin Properties and Hispania Activos to €157m and €18.6m, stakes of 12.3% and 3.2% respectively - and making UBS the largest shareholder in Merlin.
12/11/2014
Commerzbank's FXPB unit gets winded down as the bank aims for 'addition by subtraction' in its Market Services business which includes clearing, custody, collateral solutions, and trade repository services.
12/09/2014
Sky News reported that RBS raised concerns at a meeting of Dubai World's creditors in London last week, saying that it is unhappy with a plan to extend a $10.5 billion loan due for repayment in 2018 by a further four years.
12/05/2014
Equities divisions have performed much better, with the top bank Morgan Stanley making revenue of $4.5 billion in the year-to-date, 15 percent more than the top bank did a year earlier. Last year's leaders JPMorgan and Goldman Sachs dropped to second
12/04/2014
Cardinal George Pell, whom Pope Francis hand-picked as head of the recently created Vatican “Secretariat for the Economy,” revealed Wednesday that the Vatican’s financial situation “is much healthier than it seemed.”