Singapore not aiming for control of UBS: report
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The Singapore government, which recently  bought a 9 percent stake in UBS, does not aim for operational  control over the Swiss bank, a Swiss newspaper reported on  Sunday.
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ABN AMRO stuck to its neutral stance on Sunday on competing takeover bids for the Dutch bank, saying it could not support a break-up under the financially superior RBS-led consortium's bid.
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WESTERN banks are waiting to see if the Chinese Government will act to limit their exposure to the financial scandal in Singapore in a which a company
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European banking giant UniCredit   on Friday denied a report in Italy's leading business  daily that it might be interested in buying the $47 billion  U.S. investment bank Merrill Lynch .
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Banking giant UBS is cautious over prospects for the rest of the year after a lull in trading hurt its third-quarter profit, despite a strong showing by its blockbuster wealth management operation.
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Barclays declines to comment on a report it may sweeten its Â£44bn offer for Dutch bank ABN Amro.
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Business & money: Shares fall on firmly denied report that investment arm was exposed to failure of German bank.
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UBS AG  has appealed to its shareholders to back a capital injection by the Singapore government and a Middle East investor but warned it still cannot predict how the subprime crisis will play out.
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Royal Bank of Scotland  said it was not in talks with Bank of America  regarding an attempt to resolve the purchase of LaSalle Bank, the U.S. arm of ABN AMRO which is a subject of dispute in the proposed RBS buyout of ABN.
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BusinessWeek Online - Malaysia has never aspired to be the freewheeling financial hub that Hong Kong and Singapore have become in Asia. For nearly 30 years, the country has been closed to all but a handful of foreign banks -- and they were mostly outfits like HSBC Bank Holdings PLC  and Standard Chartered Bank that had been there since colonial times. During the Asian financial crisis of 1997-98, foreign banks pared back operations even more. ...
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SINGAPORE (Dow Jones)--Singapore will wait for multiple investigations into China Aviation Oil Singapore Ltd.&#39;s (c47.SG) US$550 million trading losses before deciding whether to further tighten regulations, the central bank said Thursday.
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Citadel Investment Group is not negotiating to buy Bank of America's  prime brokerage unit, a source close to Citadel said, throwing cold water on a media report the hedge fund firm has inspected the bank's books.
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Saudi Arabian investors also bought a large stake in UBS when the Swiss bank sold a roughly 9 percent stake to the Singapore government, the Financial Times reported on Friday.
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Swiss banking giant UBS on Wednesday posted its first-ever full-year loss after losing billions in the US mortgage crisis and turning to Asian investors for a bail-out, sparking shareholder discontent.
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Rumors that the Swiss banking giant is set to divide in two are unlikely to be true.
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SINGAPORE (Dow Jones)--Singapore shares ended flat Monday, although many Chinese stocks fell on renewed fears about corporate governance sparked by a newspaper report containing unconfirmed allegations about a businessman linked to Singapore-listed United
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SINGAPORE/BEIJING  - Britain's Barclays  is in talks with the governments of China and Singapore to raise 10 billion pounds ($20.6 billion) to help fund its planned purchase of Dutch bank ABN AMRO , the BBC reported on Monday.