3 hrs ago
NII Hires Help to Assess M&A, Debt Options
Advisers from UBS Investment Bank are helping the loss-making, debt-burdened company evaluate business partnerships and M&A for the entire company or specific business units, while Rothschild is advising on capital structure transactions such as debt restructuring or refinancing.
Trending on the Topix Network
7 hrs ago
Stock Downgrades: Wall Street Hates State Street
Not even a merger between condoms and lubricants could get investors excited yesterday.
Mon Mar 10, 2014
UPDATE 1-NII Holdings hires advisers for potential sale
NII Holdings Inc, which provides telecom services under the Nextel brand in Latin America, said it hired financial firms for advise on a potential sale of the company and on ways to deal with its $5.79 billion debt load.
Wall Street Journal
NII Holdings to Explore Strategic Options
Wireless services provider NII Holdings Inc. said it plans to explore strategic options, following last month's warning from the company that it faces long-term liquidity issues.
Thu Mar 06, 2014
Crain's Detroit Business
Detroit bond insurer Syncora may fight latest swaps proposal
Syncora Guarantee Inc. threatened to put another obstacle in the way of Detroit's efforts to cut debt through bankruptcy by saying it may oppose the city's plan to pay $85 million to end interest-rate swaps.
Customer Interaction Solutions
Oiltanking Partners, L.P. Files (8-K) Disclosing Change in Directors...
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The Washington Post
Banks Enriched by Junk Resist U.S. Regulator Standards for Loans
More than five months ago, the Federal Reserve and Office of the Comptroller of the Currency told some of the biggest banks to improve underwriting standards for non-investment-grade loans.
Wed Mar 05, 2014
Guggenheim Securities hires tech banker from Evercore Partners
Guggenheim Securities LLC has hired a technology banker at Evercore Partners Inc to be a senior managing director, the boutique bank said on Tuesday.
MOVES- Bank of America, BNY Mellon, Nomura
The following financial services industry appointments were announced on Wednesday.
PotashCorp Prices Offering of US $750 Million of 10-Year Notes
BofA Merrill Lynch, Morgan Stanley and UBS Investment Bank are acting as joint book-running managers of the offering.
Tue Mar 04, 2014
UBS Declares Coupon Payments on Seven Monthly Pay ETRACS Exchange-Traded Notes
RWXL: linked to the Dow Jones Global ex-U.S. Select Real Estate Securities Index DVYL: linked to the Dow Jones U.S. Select Dividend Index SDYL: linked to the S&P High Yield Dividend Aristocrats Index MORL: linked to the Market Vectors Global Mortgage REITs Index DVHI: linked to the NYSE Diversified High Income Index DVHL: linked to the NYSE ... (more)
Press release distribution, EDGAR filing, XBRL, regulatory filings
The relevant coupon information is p... New MainStay Investments Study Reveals High Net Worth Investors' Top Three Reasons for Investing in Alternatives: Protecting Principal, Diversification and Better Returns )--High Net Worth investors on the hunt for diversification and better investment returns are increasing their exposure to alternative ... (more)
Moelis Files for $100 Million IPO of Investment Bank in the U.S.
Moelis & Co., the investment bank founded in 2007 by former UBS AG banker Kenneth Moelis , filed for a $100 million initial public offering.
The Washington Post
Detroit to pay $77M in accord with UBS, Merrill Lynch
Detroit agreed to pay $77.6 million to UBS AG and Bank of America Corp.'s Merrill Lynch unit to end interest-rate swaps that have cost taxpayers more than $200 million since 2009, according to a court filing in the city's bankruptcy.
MOVES- Credit Suisse, RBC Wealth Management
The Zurich-based bank said Marcus SlA A r had joined the company as managing director and Malaysia market leader for private banking Asia Pacific and would be based in Singapore.
Thu Feb 27, 2014
Ex-UBS banker pleads guilty in 17-year U.S. tax scheme
A Swiss financial adviser became the fourth ex- UBS AG banker to plead guilty to aiding wealthy Americans evade taxes, admitting that for 17 years he helped U.S. clients maintain secret overseas accounts.
Wed Feb 26, 2014
Gold Reaches 17-Week High on U.S. Data as SPDR Holdings Expand
Gold traded near a 17-week high as holdings in the biggest exchange-traded product backed by the metal headed for the first monthly gain since December 2012.
Sun Feb 23, 2014
UBS Said to Seek Immunity in Currency-Rigging Probes by EU, U.S.
UBS AG , trying to reprise its success in limiting fines in a probe of interest-rate rigging, is seeking immunity in the U.S. and European Union as part of the global investigation of currency markets, two people with knowledge of the case said.
Fri Feb 21, 2014
The Washington Post
Credit Suisse Admits SEC Violations as Tax Investigation Looms
Credit Suisse Group AG agreed to pay $197 million to regulators and admitted servicing thousands of U.S. clients without approval, leaving unsettled a criminal probe of whether it helped Americans evade taxes.
Finextra Research news
UBS executes first client trade on TrueEx anonymous order book
UBS Investment Bank acting as an introducing broker, completed the first trade today involving an end customer entering an order via the UBS Neo Execution Services platform, which was automatically routed to trueEx and executed against the anonymous central limit order book .