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...DWAC dismissed Orlando as chief executive in March 2023 and installed Eric Swider, a businessman living in Puerto Rico, in the position....
...“There are many successful professionals across the City who are also in positions of trust and this outcome should be a wake-up call to them that trust is there for a reason, it is not there to be abused...
...Lawyers, trust companies, consultants, and money managers offer to slice, dice, move, and hide assets, stifling all but the most intrepid, well-heeled creditors....
...Prime Minister Ariel Henry remains in hiding in Puerto Rico while Caricom, the 15-member Caribbean Community, has called an emergency meeting in Jamaica for later today and invited the US, UN and Brazil....
...This unit generated one of the lowest ROTE’s among European banks last year. That lower ROTE may be due to less income productivity and lower leverage relative to peers, thinks Jason Napier at UBS....
...For instance, it has said that in mid-2021 it transferred “certain” IP from Puerto Rico to the US, enabling it to book a $3.3bn tax benefit to reflect the effects of the so-called GILTI tax implemented during...
...the size of the new UBS!...
...solar microgrid in Puerto Rico....
...Rico after his whereabouts were unknown for days, leaving behind a country in chaos with violent gangs demanding his ousting....
...Haiti’s Prime Minister Ariel Henry has re-emerged in Puerto Rico after his whereabouts were unknown for days....
...Terms and conditions, no matter how detailed, need to be underpinned by trust. UBS is a well-capitalised bank. Even so, it may have to offer high yields to entice investors....
...All 50 US states, plus the District of Columbia, Puerto Rico and the US Virgin Islands, signed on to the agreement with Google....
...In the clubby, comfortable world of dishing out advice to the wealthy, SJP has lost the trust of the market — and potentially its clients....
...This month, in an epic plot twist, UBS itself issued a substantial $3.5bn of AT1s....
...The former chief executive of DWAC was unceremoniously fired from his job in March 2023 and another businessman, one based in Puerto Rico, was installed....
...The trust invests in high-growth companies such as Nvidia and Tesla....
...The bank found itself in the uncomfortable position of being one of the largest shareholders in many of the world’s biggest companies, including Apple, Microsoft and Facebook....
...“This reflects the superior performance of the US economy, the large volume of IPOs and the substantial returns from US stocks,” Dimson, Marsh and Staunton wrote in the UBS Global Investment Returns Yearbook...
...“Today [Pictet] admitted to actively helping US taxpayers use coded accounts, foreign trusts and entities, nominee beneficiaries and other deceits to conceal their income and assets abroad,” said acting...
...The robotics start-up is working with a range of organisations including Santa Rosa Mall in Bayamón, Puerto Rico, and Coppertree Village, a residential community in Houston, as well as several US locations...
...Or the awkward live video that showed his smiley avatar looking at the aftermath of a hurricane in Puerto Rico, after which he felt the need to add a comment explaining that his goal was to show how VR can...
...The company evolved into a sprawling conglomerate that included five asset management businesses, four wealth managers and a stake in Zhongrong, a trust company — part of an industry that funnels retail...
...in Puerto Rico....
...However, top of the flops has been the UBS Global Gender Equality Ucits ETF....
...Job moves UBS has named Gregor Feige and Brad Miller as co-heads of the bank’s US equity capital markets group. Santiago Gilfond has been named vice-chairman of the division....
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