#Bankers

The last time the US equity market had a longer stretch of calmness was February 1969. As UBS' veteran market operator Art Cashin exclaimed Friday, it "was another waste of carfare and a clean shirt." This is the longest stretch of market smoves less than 0.5% since 1995. Cashin added that the

It appears the chairmen of UBS have plenty to say on Europe.Following former UBS chairman Peter Kurer's comments that "to the elites, the EU is a means to get rich quickly and export their problems," UBS current chairman Axel Weber has warned bankers that Europe is not "out of the woods" from its

Last February, as Chinese stocks and the Yuan were crashing every day, sending the S&P tumbling and government bond yields crashing to record lows, in the process aborting the Fed's first attempt to hike rates, volatility was soaring and confidence in the economy was in the dumps: in short, the

Ahead of what we hope will be a relatively quiet week following the juggernaut from the past 7 days, we present readers with another excerpt from the latest weekly note from Eric Peters, CIO of One River, which is not only appropriate in the context of recent observation by UBS, involving the

How did authorities zero in on Tom Hayes, the disheveled, socially awkward mastermind of the Libor scandal? An excerpt from David Enrich's new must read book ‘The Spider Network’ A Trap for a Trader On a mild, damp March afternoon in 2011, Sarah Tighe and her husband Tom Hayes arrived in the