Is the emerging markets party over? – Daily Telegraph
So I have started to sell long-term holdings in JP Morgan Indian, while retaining another old favourite; Pictet Eastern European. The shares more than doubled last year but continue to trade at a discount of nearly 11pc to net asset value.
UBS whistleblower to appear on `60 Minutes’ – Miami Herald
In a surprisingly heavy judgment, Bradley Birkenfeld, the former UBS private banker who blew the whistle on a wide-ranging scheme in which the Swiss bank helped wealthy Americans dodge income taxes through secret accounts, was sentenced to 40 months …
Galleon, JPMorgan, UBS, Google, Apple in Court News (Update1) – BusinessWeek
Dec. 31 (Bloomberg) — Anil Kumar, the former McKinsey & Co. director who is a defendant in the Galleon Group insider- trading case, will be charged by criminal information once he waives his right to be indicted by a federal grand jury. The notice …