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Bloomberg

UBS warns of poor Q1 after investment bank loss Reuters * Q4 net profit 393 mln Swiss francs, vs poll 737 mln * Wealth management net new money 3.1 bln francs, vs 3.8 bln Q3 * Says will issue loss-absorbing capital in 2012 * Signals may take further measures to cut costs * Shares fall 1.5 percent By ... UBS Reports 76% Drop in Quarterly Profit, Investment Bank LossBloomberg UBS Posts 76% Drop in Quarterly Profit, Investment Bank LossBusinessWeek UBS Net Profit Falls, Bank Cautious On OutlookWall Street Journal all 115 news articles »

Bloomberg

Reserve Bank holds interest rate at 4.25pc The Australian THE Reserve Bank today kept the interest rate on hold for February, defying expectations that a third consecutive cut would be ordered. At its first meeting of 2012, Australia's central bank board voted in Sydney to keep the official cash rate on hold ... Australia Unexpectedly Holds Benchmark Interest Rate at 4.25%Bloomberg Aussie Dollar Surges as Central Bank Holds RatesWall Street Journal Australia's Central Bank Unexpectedly Holds Rate at 4.25%San Francisco Chronicle AFP -CNBC.com -Sydney Morning Herald all 1,250 news articles »

The Guardian

Obama orders Iranian Central Bank freeze in new wave of sanctions The Guardian Barack Obama has ordered the freezing of Iranian government assets in the US, including transactions by the Iranian Central Bank, in tightened sanctions over Tehran's nuclear programme. The White House said the executive order by the president ... Obama orders new US sanctions on Iran's government, including Central BankWashington Post New US sanctions target Iran bankSTLtoday.com Deeper Iran sanctions; US targets its central bankFox News BusinessWeek -Southeast Missourian -Jerusalem Post all 2,332 news articles »

msnbc.com

California not among states that OK bank settlement Los Angeles Times More than 40 states signed onto a proposed $25-billion deal with major mortgage servicers over faulty foreclosure practices. New York, Nevada and Delaware joined California in holding out for better terms. By Alejandro Lazo and Jim Puzzanghera, ... Most States Agree to Bank Settlement on US Foreclosure PracticesMyFox Phoenix Most states agree to bank settlement: Iowa AGMarketWatch all 492 news articles »

AP Enterprise: Brown bank regulator an insider Fox News SACRAMENTO, Calif. ? Gov. Jerry Brown's appointee to head the department that oversees banking, financial and consumer regulations in California led a trade association that fought against tighter lending restrictions before the subprime mortgage ... and more »

Wall Street Journal

Julius Baer Slides as Bank Expects US BusinessWeek By Giles Broom Feb. 6 (Bloomberg) -- Julius Baer Group Ltd., the Swiss wealth manager founded in 1890, fell the most in three months in Zurich trading after saying it expects to pay a fine to resolve tax matters with the US and as profit declined 27 ... Swiss bank Julius Baer expects fine in US tax caseThe Associated Press all 173 news articles »

Reserve Bank toughens protection against DDoS The Australian AUSTRALIA'S central bank has moved to bolster its resistance to a form of cyber attack that has become an increasing menace to financial institutions in recent months. The Reserve Bank of Australia late last week invited computer security providers to ... and more »

Bloomberg

Stanford used fake accounting to back bank: witness Reuters By Anna Driver | HOUSTON (Reuters) - Allen Stanford used fake accounting to prop up his offshore bank in its waning days, as withdrawal requests from investors poured in, Stanford's former top deputy said on Monday. Faced with a worrying number of ... Stanford CFO: Investor money flowed to Swiss bank accountsBizjournals.com all 314 news articles »

New York Times

Bank Is Victim in Financial Crisis Case, Not Homeowners New York Times By PETER J. HENNING John Marshall Mantel for The New York TimesDavid Higgs, a former trader with Credit Suisse, pleaded guilty in US District Court in Manhattan to conspiracy charges. Less than a week after the formation of a new federal-state working ... and more »

Cardinals bank on future without Haley ESPN (blog) By Mike Sando My initial thought: Haley's pull-no-punches approach to motivation worked well when he was with the Cardinals previously, but how might Steelers quarterback Ben Roethlisberger respond? After all, Roethlisberger was reportedly upset when ... and more »