GenevaLunch » London http://genevalunch.com Community Newspaper Online Fri, 10 Feb 2012 12:16:25 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://creativecommons.org/licenses/by-nc-nd/3.0/ Copyright © GenevaLunch 2010 editor@genevalunch.com (GenevaLunch) editor@genevalunch.com (GenevaLunch) http://genevalunch.com/wp-content/plugins/podpress/images/powered_by_podpress.jpg GenevaLunch http://genevalunch.com 144 144 Community Newspaper Online GenevaLunch GenevaLunch editor@genevalunch.com no no Regulators reported to be ready to go after UBS in trade scandal http://genevalunch.com/blog/2012/01/30/regulators-reported-to-be-ready-to-go-after-ubs-in-trade-scandal/ http://genevalunch.com/blog/2012/01/30/regulators-reported-to-be-ready-to-go-after-ubs-in-trade-scandal/#comments Mon, 30 Jan 2012 11:57:58 +0000 Ellen Wallace http://genevalunch.com/?p=66127 GenevaLunch.com ZURICH, SWITZERLAND – UK and Swiss banking regulators are reported by the Wall St Journal to be planning to fine Swiss bank UBS for shortcomings in supervising risky trades. The newspaper cites “people close to the situation”, noting that regulators from the two countries will complete their investigations by mid-February into the $23. billion loss [...]

Regulators reported to be ready to go after UBS in trade scandal © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2012/01/30/regulators-reported-to-be-ready-to-go-after-ubs-in-trade-scandal/feed/ 0 UK’s “Sun” hit by police raid after 4 journalists, 1 police office arrested http://genevalunch.com/blog/2012/01/28/uks-sun-hit-by-police-raid-after-4-journalists-1-police-office-arrested/ http://genevalunch.com/blog/2012/01/28/uks-sun-hit-by-police-raid-after-4-journalists-1-police-office-arrested/#comments Sat, 28 Jan 2012 16:46:46 +0000 Ellen Wallace http://genevalunch.com/?p=66094 GenevaLunch.com GENEVA, SWITZERLAND – The London Wapping offices of News Corp, owner of British tabloid The Sun, were raided by Scotland Yard police early Saturday 28 January and during the morning Saturday four journalists and a police officer were arrested. The journalists are all current or former Sun journalists. The Metropolitan Police issued a statement that [...]

UK’s “Sun” hit by police raid after 4 journalists, 1 police office arrested © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2012/01/28/uks-sun-hit-by-police-raid-after-4-journalists-1-police-office-arrested/feed/ 0 Renminbi’s new home in London given major boost http://genevalunch.com/blog/2012/01/16/renminbis-new-home-in-london-given-major-boost/ http://genevalunch.com/blog/2012/01/16/renminbis-new-home-in-london-given-major-boost/#comments Mon, 16 Jan 2012 09:30:20 +0000 Ellen Wallace http://genevalunch.com/?p=65281 GenevaLunch.com GENEVA, SWITZERLAND – China’s currency, the renminbi, moves significantly closer to being traded internationally with a new agreement between the Hong Kong Monetary Authority and the British Treasury, announced Monday. China and Britain agreed in September 2011 to extend trading in the currency, also called the yuan, by developing London as a trading hub. The [...]

Renminbi’s new home in London given major boost © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2012/01/16/renminbis-new-home-in-london-given-major-boost/feed/ 0 Sports, tennis: Tsonga gives way to Federer again http://genevalunch.com/blog/2011/11/20/sports-tennis-tsonga-gives-way-to-federer-again/ http://genevalunch.com/blog/2011/11/20/sports-tennis-tsonga-gives-way-to-federer-again/#comments Sun, 20 Nov 2011 21:27:54 +0000 Ellen Wallace http://genevalunch.com/?p=63721 GenevaLunch.com LONDON, ENGLAND – It took one hour, 28 minutes and it was a tough match, but Swiss Roger Federer defeated Jo-Wilfried Tsonga 6-2 2-6 6-4 Sunday 20 November for the opening match of the ATP World Tour Finals. The two faced off just a week ago when Federer beat Tsonga in the final of the [...]

Sports, tennis: Tsonga gives way to Federer again © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2011/11/20/sports-tennis-tsonga-gives-way-to-federer-again/feed/ 0 Federer to face Tsonga again in London opener http://genevalunch.com/blog/2011/11/15/federer-to-face-tsonga-again-in-london-opener/ http://genevalunch.com/blog/2011/11/15/federer-to-face-tsonga-again-in-london-opener/#comments Tue, 15 Nov 2011 20:28:27 +0000 Nicholas Bates http://genevalunch.com/?p=63582 GenevaLunch.com LONDON, ENGLAND – The opening match of the ATP World Tour Finals in London Sunday 20November will have a familiar look as it offers Jo-Wilfried Tsonga another chance to meet Roger Federer. The Swiss star breezed past Tsonga to win the final at the Paris-Bercy Masters. Rafael Nadal and Mardy Fish complete the B Group. [...]

Federer to face Tsonga again in London opener © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2011/11/15/federer-to-face-tsonga-again-in-london-opener/feed/ 0 Cricket scandal men get prison sentences, fines http://genevalunch.com/blog/2011/11/03/cricket-scandal-men-get-prison-sentences-fines/ http://genevalunch.com/blog/2011/11/03/cricket-scandal-men-get-prison-sentences-fines/#comments Thu, 03 Nov 2011 12:41:50 +0000 Ellen Wallace http://genevalunch.com/?p=63184 GenevaLunch.com LONDON, ENGLAND – The three dethroned heroes of Pakistan’s cricket team, Salman Butt, age 30, Mohammad Asif, 28, and Mohammad Amir, 19, were handed prison sentences and fines by a London court Thursday. Butt and Asif, who were found guilty of conspiracy to defraud and accept corrupt money earlier this week have been handed sentences [...]

Cricket scandal men get prison sentences, fines © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2011/11/03/cricket-scandal-men-get-prison-sentences-fines/feed/ 0 Swiss come out Euro tops at London WorldSkills http://genevalunch.com/blog/2011/10/11/swiss-come-out-euro-tops-at-london-worldskills/ http://genevalunch.com/blog/2011/10/11/swiss-come-out-euro-tops-at-london-worldskills/#comments Tue, 11 Oct 2011 12:08:43 +0000 Ellen Wallace http://genevalunch.com/?p=62396 GenevaLunch.com LONDON, ENGLAND – Switzerland is the top European country and third in the world for professional skills training, based on gold and silver medals won at the WorldSkills competition which just closed in London 10 October. Fifty-three nations took part in the competition, which runs every two years and is open to professional workers under [...]

Swiss come out Euro tops at London WorldSkills © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2011/10/11/swiss-come-out-euro-tops-at-london-worldskills/feed/ 0 UBS CEO Oswald Grübel resigns, it is his ‘duty’ he says http://genevalunch.com/blog/2011/09/25/ubs-ceo-oswald-grubel-resigns-it-is-his-duty-he-says/ http://genevalunch.com/blog/2011/09/25/ubs-ceo-oswald-grubel-resigns-it-is-his-duty-he-says/#comments Sat, 24 Sep 2011 22:10:31 +0000 Laila Rodriguez http://genevalunch.com/?p=61816 GenevaLunch.com ZURICH, SWITZERLAND – Oswald Gruebel, 67, has resigned as CEO of UBS AG, Switzerland’s largest bank, after a $2.3 billion dollar loss from unauthorized trading. On a statement released on Saturday 24 September, UBS stated that the board had named Sergio Ermotti, the bank’s European head, as interim CEO. UBS said in July that former [...]

UBS CEO Oswald Grübel resigns, it is his ‘duty’ he says © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2011/09/25/ubs-ceo-oswald-grubel-resigns-it-is-his-duty-he-says/feed/ 1 UBS’s track record on unauthorized trading faces scrutiny http://genevalunch.com/blog/2011/09/21/ubss-track-record-on-unauthorized-trading-faces-scrutiny/ http://genevalunch.com/blog/2011/09/21/ubss-track-record-on-unauthorized-trading-faces-scrutiny/#comments Wed, 21 Sep 2011 15:41:15 +0000 Ellen Wallace http://genevalunch.com/?p=61710 GenevaLunch.com ZURICH, SWITZERLAND – UBS chief executive Oswald Gruebel is reported by Swiss financial magazine Bilan to be under pressure from the board to leave, as the executive committee meets in Singapore today. Meanwhile, Bloomberg/Business Week carries a detailed report on the case of a former UBS manager who faces Britain’s financial regulators in November over [...]

UBS’s track record on unauthorized trading faces scrutiny © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2011/09/21/ubss-track-record-on-unauthorized-trading-faces-scrutiny/feed/ 0 UBS rogue trader arrested, bank sector surveillance questioned http://genevalunch.com/blog/2011/09/16/ubs-rogue-trader-arrested-bank-sector-surveillance-questioned/ http://genevalunch.com/blog/2011/09/16/ubs-rogue-trader-arrested-bank-sector-surveillance-questioned/#comments Fri, 16 Sep 2011 16:38:40 +0000 Ellen Wallace http://genevalunch.com/?p=61631 GenevaLunch.com ZURICH, SWITZERLAND – The banking sector is coming under pressure in Switzerland, with some calls for UBS chairman Oswald Gruebel to resign following the arrest of a 31-year-old rogue trader Thursday 16 September in London. The man was charged Friday with abuse of his position and fraudulent accounting. He is being investigated for losing more [...]

UBS rogue trader arrested, bank sector surveillance questioned © genevalunch.com, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.

]]> http://genevalunch.com/blog/2011/09/16/ubs-rogue-trader-arrested-bank-sector-surveillance-questioned/feed/ 0