Huw Jenkins News
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Swansea manager Michael Laudrup signed a one-year contract extension after leading the Welsh soccer club to its first major trophy.
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Global investment banks based in Europe and the U.S., facing regulatory and cost-cutting pressures at home, are losing market share in emerging economies to smaller domestic competitors.
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Jerker Johansson, a former head of UBS AG’s investment bank, said his unawareness of rigging of global interest rates at the biggest Swiss bank was a failure and negligent.
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Industrial copper users including AmRod Corp., Southwire Co. and Encore Wire Corp. urged U.S. regulators to reverse a decision clearing the way for a JPMorgan Chase & Co. exchange-traded fund backed by the metal.
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Brendan Rodgers may be appointed as Liverpool’s new manager today after telling Swansea that he’d like to accept the 18-time English soccer champion’s job offer.
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Sergio Ermotti won over UBS AG’s board to get the chief executive officer post. Now he has to convince investors that the fifth reorganization of the firm’s investment bank in six years will succeed.
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John Brady, co-head of MF Global Inc.’s Chicago office, was having a vodka cocktail at the Ritz- Carlton in Naples, Florida, overlooking the Gulf of Mexico, on the day his company reported its largest-ever quarterly loss.
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Baker Botts LLP’s Steve Wardlaw is taking over as partner in charge of the firm’s London office, after spending seven years in Moscow, the firm said.
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As Switzerland’s central bank imposed a limit on the franc’s appreciation against the euro on Sept. 6, UBS AG trader Kweku Adoboli’s Facebook profile had a plea for his friends: “Need a miracle.”
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Swansea reached an agreement with Liverpool on the compensation it will receive to allow the 18- time English champion to hire Brendan Rodgers as manager, the Welsh club said on its website.
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