ZURICH (Reuters) - UBS (UBSN.VX) will continue to revamp its investment bank, the head of the unit said, pointing to the possibility that more divisions could be sold or shut down, as UBS aims to do with its municipal bond unit.
"We will make further strategic decisions of this nature pending our strategic review," said Jerker Johansson on a phone call with analysts on Tuesday.
WASHINGTON (Reuters) - President Barack Obama defended on Saturday a consumer watchdog agency the financial industry wants to weaken or strip from legislation that would strengthen the regulation of Wall Street.
Brides and grooms are opting for cosmetic surgery and other procedures, supplementing veils and cummerbunds with Botox and liposuction. Women say they want to look good for photos, but men are a different story. Full Article
Beyond the hype and buzz, James Cameron's $400 million "Avatar," one of the most expensive films ever made, is being closely watched for its impact on the future of movies. Full Article
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