CIO TodayUBS Gets Stung by Facebook IPOWall Street JournalIt isn't clear whether the bank's losses have been realized by subsequent trades, or if UBS still has a Facebook position that could recover in value should the stock rise. Facebook'…
CNBC.comUBS Racks Up to $350 Million in Losses Related to Facebook IPO -SourcesWall Street JournalVX) has racked up losses up to $350 million related to botched trading in shares of Facebook Inc. (FB) during the company's tumultuous market debut, a…
JPMorgan's Whale Trades Raise Cost of Hedging IG9 Company DebtBusinessWeekJPMorgan used the instruments to hedge exposure on loans and other credit risks tied to corporations, banks and sovereign governments. The losses emerged after the firm tried…
JPMorgan's Whale Trades Raise Cost of Hedging IG9 Company DebtBloombergJPMorgan used the instruments to hedge exposure on loans and other credit risks tied to corporations, banks and sovereign governments. The losses emerged after the firm tried to…
CNBC.comReport: UBS Lost $350 Million On Facebook IPO, Prepping Suit Against NasdaqForbesThe botched opening of Facebook's public debut May 18 and the poor performance of the stock in the after-market have created a lot of losers, but perhaps none …
The Deal PipelineOCC under pressure from JP Morgan lossInternational Financing ReviewThe regulator has 65 examiners located within JP Morgan itself and supervises the majority of the bank's operations, including asset liability management, for whic…
Telegraph.co.ukBoE eyes closer supervision for bank risksReutersBy Huw Jones | LONDON, June 8 (Reuters) – Regulators could take a more hands-on approach to supervising the risks individual banks face to avoid relying on flawed in-house computer models …
BoE eyes closer supervision for bank risksReutersBy Huw Jones | LONDON, June 8 (Reuters) – Regulators could take a more hands-on approach to supervising the risks individual banks face to avoid relying on flawed in-house computer models that failed to …
BloombergBlackrock's Fink Says Dimon 'Inflamed' Scrutiny of LossesBloombergJPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon “inflamed” public debate over a trade in London that has so far cost at least $2 billion, Blac…
Toronto StarFacebook IPO mishandling hurt investor confidence -TD AmeritradeReutersTD Ameritrade CEO says IPO problems hurt confidence * Brokerage's May trading levels missed expectations NEW YORK, June 7 (Reuters) – The mishandling of Facebook'…