Topic: Banking Services
Bank of America Merrill
AP News
UBS client outflows increase
Reuters US Online Report Business News
ZURICH (Reuters) - UBS <UBS.N> clients withdrew money at twice the expected rate in the fourth quarter, eclipsing the bank's first net profit since Oswald Gruebel took the helm a year ago and raising concern he will struggle to steady the ship. Gruebel, the banking veteran who ...
Macquarie outlook disappoints; shares slide 7 percent
Reuters US Online Report Business News
SYDNEY (Reuters) - Macquarie Group <MQG.AX>, Australia's top investment bank, forecast a disappointing second-half profit and gave an outlook that raised worries about its key equity business, sending its shares sliding 7 percent. Macquarie warned in its trading update that some market conditions were weakening, creating concerns ...
Judge promises to rule on SEC, BofA settlement
AP News
Federal judge has questions as he puts off ruling on SEC, BofA settlement until next weekA judge promised Monday to decide by the end of next week whether to approve a $150 million settlement between the Securities and Exchange Commission and Bank of America over civil charges alleging the bank ...
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