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Hemmed in, UBS shuts P-note biz

Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business. Tighter rules and dwindling flows are taking a toll on issuers of participatory notes......

These Olympians are also Wall Street brokers!

UBS Wealth Management Americas, Bank of America's Merrill Lynch and Morgan Stanley all employ several retired Olympic athletes Image: Emily Samuelson (L) and Evan Bates of the US perform during......

UBS sees Nifty at 8,200 by year-end

  Global financial services major UBS on Tuesday said it is ‘overweight’ on India but sees limited room for a re-rating and forecast an end-2016 Nifty target of 8,200. "We see......

New gold schemes may perform better than previous plans: UBS

Gold Monetisation Scheme has the potential to perform better than the previous initiatives, but it will take some time for the scheme to gain traction and may have a limited impact on gold prices,......

Large infrastructure cos face tough time as cash flows dries up

UBS said 15 to 20 per cent of companies analysed by the bank are already categorised as non performing loans Global bank, UBS has red flagged the falling financial metrics of six highly leveraged......

Hong Kong Open: Randhawa tied 17th

Indian golfer Jyoti Randhawa opened strongly with a two-under 68 to be placed at tied 17th after the first round of UBS Hong Kong Open at the Hong Kong Golf club on Thursday. Randhawa dropped just......

Lara wins UBS Hong Kong Open

Jos Manuel Lara finally delivered his long-awaited maiden title with a wire-to-wire victory in the UBS Hong Kong Open. A final round of 69 for a 15 under par total of 265 earned the Spaniard one......

Jeev wins Asian UBS Order of Merit

Jeev Milkha Singh capped a magical year by claiming the prestigious Asian Tour's UBS Order of Merit title on Sunday.A tied third finish at the US $2 million UBS Hong Kong Open cemented Singh's......

Vijay Mallya booed with 'chor, chor' chants at Oval

IMAGE: Vijay Mallya at the Oval. Photograph: ANI/Twitter Fugitive businessman Vijay Mallya was booed by a section of India supporters as he entered the Oval arena to watch India's crucial ICC......
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By Kane Wu and Julie Zhu HONG KONG (Reuters) - HNA Group, the Chinese airline-to-banking conglomerate, has tapped investment bank Goldman Sachs to... ...

http://www.sify.com/finance/brushing-off-bank-worries-hna-taps-goldman-for-unit-pacteras-ipo-sources-news-default-rhzpcwebeebee.html
Report

There are no quick fixes for farmers' distress and the government should focus on structural issues instead of resorting to short-term policy... ...

http://www.business-standard.com/article/pti-stories/govt-should-focus-on-structural-issues-of-agri-sector-report-117072400686_1.html
China blue chips near 18-mth highs as funds pile in; Hong Kong up

* SSEC +0.2 pct, CSI300 +0.3 pct, HSI +0.5 pct * UBS expects noticeable growth slowdown in ChiNext firms inQ2 * disclosures show investors... ...

http://www.sify.com/finance/china-blue-chips-near-18-mth-highs-as-funds-pile-in-hong-kong-up-news-economy-rhykuhjjdjicd.html
Crimean scandal prompts Siemens to retreat from Russian energy

By Georgina Prodhan and Gleb Stolyarov FRANKFURT/MOSCOW (Reuters) - Germany's Siemens tried to distance itself from a Crimean sanctions scandal on... ...

http://www.sify.com/news/crimean-scandal-prompts-siemens-to-retreat-from-russian-energy-news-crime-rhvtffdhhbbjd.html
PRECIOUS-Gold hits 3-wk high as dollar dives; heads for 2nd weekly gain

* Spot gold may test resistance at $1,250 per ounce -technicals * Dollar touches lowest in 13 months (Releads, adds comment, updates prices) By... ...

http://www.sify.com/finance/precious-gold-hits-3-wk-high-as-dollar-dives-heads-for-2nd-weekly-gain-news-others-rhvnEzaiijfhe.html

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