BusinessUBS swings to $2.7 bn loss on Libor-fixing finesAFPFebruary 5, 2013 by AFPFebruary 5, 2013 Zurich: Swiss banking giant UBS announced on Tuesday a net loss of 2.5 billion Swiss francs (2 billion euros, $2.7 billion) as fines from the...
BusinessSantander absorbs two Spanish banks, eyes savingsAFPDecember 18, 2012 by AFPDecember 18, 2012 Madrid: Banking giant Santander said on Monday that it will absorb two of its Spanish offshoots, closing 700 branches in the latest stage of Spain’s...