UBS urged to drop Chinese listing
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Human rights activists and Nobel Prize winners appeal to Swiss bank UBS to end its role in PetroChina's listing in Shanghai.
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China's commerce ministry has warned of  the threat of protectionism to Sino-U.S. economic ties in  response to a decision by two U.S. senators to ditch a  controversial bill involving the yuan .
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BRUSSELS -- Anticorruption advocates called yesterday on the governments of India, China, and Russia to do more to stop their multinational companies from bribing when doing business abroad.
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Bank of China dismisses reports it is about to unveil massive losses stemming from problems in the US.
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Business & money: Swiss bank suspends 'handful' of traders suspected of overvaluing asset-backed securities
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Banking giant UBS (UBSN.VX: Quote, Profile, Research) was cautious over prospects for the rest of the year after a seasonal lull in trading hurt its third-quarter
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Swiss bank UBS could face billions of  dollars more in subprime-related write-downs in 2008, which  could tip it into a second year of losses, analysts warned  investors, sending its shares tumbling again.
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Staff at National Irish and Northern Banks must be protected if the institutions are sold, a leading finance union warned today. Larry Broderick, general secretary of the Irish Bank Officials Association (IBOA
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U.S. stocks declined on Thursday, pushed down by declines in banking shares after Britain's HSBC  warned that bad debts from its U.S. mortgage lending business would hurt results.
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The move was aimed at braking what many inside and outside China now see as a stock market bubble.
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The move is expected to dampen prospects for companies that have focused on taking advantage of the Chinese market.
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BIG-NAME retailers in the US want to stop the Bush administration from curbing the import of popular Chinese-made apparel and textiles.
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Chinese stocks plunged yesterday after the government raised a tax on share trades, trying to cool a market boom amid growing concerns about a possible bubble.
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The Swiss bank UBS said Monday it could face additional writedowns in its fourth quarter results due to ongoing market exposure to a credit crunch caused by problems in the US housing sector.
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The New York attorney generalâs office accused UBS of shifting customers into fee-based accounts unsuited for infrequent traders.
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A suit brought by the New York Attorney General against UBS, accusing its U.S. brokerage of defrauding customers, could harm the wealth management industry even if the Swiss bank mounts a successful defense, analysts said.
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European stocks lost steam on Wednesday ahead of a US interest rate decision with banks and oil stocks leading the slide after Swiss investment banking giant UBS (NYSE:UBS) shocked investors with a $4bn writedown.