01/27/2013

UBS Chairman proposes industry-wide settlement over Libor

UBS Chairman Axel Weber raised the possibility of an industry-wide settlement for the rest of the banks involved in the Libor rate fixing scandal at a meeting of top bankers in Davos, sources familiar with the matter said.

01/27/2013

New Atmospherics? by Justin Urquhart Stewart

There has definitely been a change in the air, and I am not talking about that strange pong emanating from that French company plant near Rouen or those noxious niffs floating around the gloomy tunnels of the London Underground.

01/27/2013

Coutts Wealth Watch - "Spending cliff" looms for US economy

No sooner has the US economy averted one precipice, the “fiscal cliff”, than it faces another – the “spending cliff”. While we remain cautious near term, we don’t believe this undermines the case for equities. We view r

01/27/2013

Global View from Asia - Coutts

The theme remains the same. Long-dated government bonds suffer modest declines while equities rise. Yet, at the same time, support for high yield bonds continues to be strong, further compressing yields.