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>> UBS AG Latest News

SEP 16, 2014 - Business Insider

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Detroit Reaches Bankruptcy Deal With Fiercest Creditor

By Lisa LambertDETROIT (Reuters) - Detroit on Monday officially settled with one of its fiercest creditors, removing a major hurdle for the city to exit its historic bankruptcy but possibly creating another delay in the trial on restructuring its $18 billion in debt and obligations.The settlement with Syncora Guarantee Inc. – to be included in another version of the plan ...

Tags: Detroit Reaches Bankruptcy Deal With Fiercest Creditor,  Ubs Ag Latest News

SEP 15, 2014 - Washington Business Journal

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RadioShack weighs possible $585M in financing from UBS, Standard General

Beleaguered electronics retailer RadioShack Corp. reportedly is looking at a $585 million financing package being led by investment bank UBS AG and the hedge fund Standard General LP, the Wall Street Journal reported. Last week, RadioShack (NYSE: RSH) reported a second quarter loss of $137.4 million and CEO Joseph Magnacca said the company was looking for outside capital to stave ...

Tags: RadioShack weighs possible $585M in financing from UBS, Standard General,  Ubs Ag Latest News

SEP 12, 2014 - Zero Hedge

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Credit Suisse Warns Of "Self-Fueling Negative Feedback" In Scotland; Here's Who Is Exposed

While we noted earlier the dramatic outflows and record selling in stocks in UK, Credit Suisse warns, it could get much worse... The flow diagram below explains how the uncertainty over Scotland's currency and ability to backstop its financial sector can set in train a self-fuelling feedback loop of rising risks and costs to the Scottish financial and sovereign sectors, ...

Tags: Credit Suisse Warns Of "Self-Fueling Negative Feedback" In Scotland; Here's Who Is Exposed,  Ubs Ag Latest News

SEP 12, 2014 - Reuters

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RadioShack mulls $585 million financing package from UBS, Standard General: WSJ

(Reuters) - RadioShack Corp is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP as the U.S. electronics retailer tries to avert bankruptcy, the Wall Street Journal reported, citing people familiar with the matter.

Tags: RadioShack mulls $585 million financing package from UBS, Standard General: WSJ,  Ubs Ag Latest News

SEP 12, 2014 - Business Insider

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RadioShack Mulls $585 Million Financing Package From UBS, Standard General: WSJ

(Reuters) - RadioShack Corp is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP as the U.S. electronics retailer tries to avert bankruptcy, the Wall Street Journal reported, citing people familiar with the matter.UBS will coordinate $325 million of commitments and Standard General will arrange $260 million in financing, replacing a $585 million ...

Tags: RadioShack Mulls $585 Million Financing Package From UBS, Standard General: WSJ,  Ubs Ag Latest News