Tag Archives: Banks
UBS Trader Accused Of Fraud Weeps In Court
A City trader wept as he appeared before court over an alleged £1.3bn fraud at Swiss bank UBS. Kweku Adoboli, 31, appeared at City of London Magistrates Court in connection with the huge losses – which the bank complained were … Continue reading
Yahoo CEO Bartz fired over the phone, rocky run ends
Yahoo Inc Chairman Roy Bostock fired CEO Carol Bartz over the phone on Tuesday, ending a tumultuous tenure marked by stagnation and a rift with Chinese partner Alibaba. Chief Financial Officer Tim Morse will step in as interim CEO, and … Continue reading
China raises bank reserves again
Reuters-China raised banks’ required reserves on Sunday for the fourth time this year, extending the fight against excessive liquidity and stubbornly high inflation in the world’s second-largest economy. The reserve rate rise, which followed an increase in benchmark bank interest … Continue reading
Rihanna beats Elvis Record In UK Chart History
Rihanna has re-written the record books to become the first female solo artist in UK chart history to achieve five number one singles in consecutive years. The 22-year-old’s single and album both went to number one this week – adding … Continue reading
NEWS ALERT-The consequences of repeal
To All Subscribed and Future Members of Organizing for America, Our progress is under attack. Their majority is not even a day old, but House Republicans are already getting ready to pass a bill to repeal health reform. Instead of … Continue reading


