Singapore not aiming for control of UBS: report
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The Singapore government, which recently bought a 9 percent stake in UBS, does not aim for operational control over the Swiss bank, a Swiss newspaper reported on Sunday.
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ABN AMRO  stuck to its  neutral stance on Sunday on competing takeover bids for the  Dutch bank, saying it could not support a break-up under the  financially superior RBS-led  consortium&#39;s bid.
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HSBC Holdings Plc, Europe&#39;s biggest bank by market value, and Standard Chartered Plc are vying for control of Korea First Bank after neither of the UK-based lenders could agree a price with Newbridge Capital Ltd.
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Taiwan on Saturday hit back at Singapore for criticising its plan to go ahead with a referendum on joining the United Nations, calling it &quot;unacceptable&quot;.
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Chinese authorities on Saturday again declined to set out a time-table to make their currency more flexible on the world's money markets and said they had not come under international pressure to revalue the yuan.
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Citadel Investment Group is not negotiating to buy Bank of America's  prime brokerage unit, a source close to Citadel said, throwing cold water on a media report the hedge fund firm has inspected the bank's books.
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World Bank President Paul Wolfowitz   on Friday called Singapore's restrictions on the entry of   activists for the World Bank/IMF meetings "authoritarian," and   said the city-state had damaged its own reputation.
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Singapore&#39;s state-linked investment firm Temasek Holdings said Monday it is investing 975 million pounds in Barclays, fighting to take over Dutch lender ABN Amro.
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Swiss banking giant UBS posted weaker third-quarter net profit on Tuesday, just missing market expectations, hurt by a seasonal fall in trading revenue despite a strong showing by its flagship private bank.
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The Singapore Exchange is warning investors not to rely on the Straits Times Index, after a computer inaccurately reported stock values.
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Canada's Bank of Nova Scotia   confirmed on Friday it was looking out for  acquisitions in Malaysia but denied a report that it planned to  buy an indirect stake in the country's fourth-biggest lender.
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Banking giant UBS was cautious over prospects for the rest of the year after a lull in trading hurt its third-quarter profit, despite a strong showing by its blockbuster wealth management operation.
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Bear Stearns Cos. Inc.  is not  currently planning to bail out a second hedge fund that has  suffered big losses, a source close to the matter said on  Tuesday.
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Shareholder advocacy group Ethos urged more clarity from UBS over its subprime losses, increasing pressure on the bank over heavy writedowns which have hammered its share price.
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Britain's Barclays  is in talks with the governments of China and Singapore to raise 10 billion pounds ($20.6 billion) to help fund its planned purchase of Dutch bank ABN AMRO , the BBC reported on Monday.
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The U.S. Securities and Exchange Commission is not using all of its available tools to police Wall Street, according to a U.S. government study.
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Switzerland's largest bank, UBS, confirms it may face legal action from US federal regulators for possible breaches of securities law.