The firm posted a 19% drop year over year in first-quarter profit due to weaker returns in its real estate and private-equity businesses
A former banker at UBS has been charged with helping clients avoid paying taxes by opening secret bank accounts.
The ETFs will seek to earn current income reflective of money market rates available to U.S. investors in the specified country or region.
The U.S. consumer price index inched up 0.2% last month, due largely to rising gasoline costs.
Chet Culver, Iowa’s governor, has signed a law to discourage stranger-originated-life-insurance practices.
The number of foreclosure filings rose to 243,353 in April, up 4% from March and up 65% from the same month a year ago.
AIG Investments has announced an $65 million investment in Calyx Agro Ltd., making its foray into Brazilian agriculture.
"The shareholders need to absorb the significance of the company’s first-quarter losses,” said ex-chief Hank Greenberg.
French banking giant Société Générale earned $1.69 billion, down from $2.2 billion a year ago, but beating analyst estimates.
Toll Brothers reported double-digit declines in new home orders, revenue and home prices in its second quarter.
