UBS Posts Big Profit Swiss bank UBS just reported its fourth-quarter earnings, and it’s a doozy: $1.2 billion in profit. That’s right, they made a cool billion – and change. Buyback Bonanza And if that’s not enough, they’re planning to

Continue ReadingUBS Rakes It In: $1.2 Billion Profit

Five Years On, Retail Investors Pack a Punch It’s been five years since the GameStop frenzy, and retail investors have become a force to be reckoned with. Tom Lee, head of research at Fundstrat, says they’re ‘difference-makers’ who can move

Continue ReadingWall Street’s New Headache: Retail Investors Who Won’t Back Down

Banks’ Big Sell-Off Wall Street banks are scrambling to sell billions of dollars of X loans, and they’re willing to take a hit to get rid of them. They’re hoping to sell the debt at around 90 to 95 cents

Continue ReadingBanks Set to Dump Billions in Shaky X Loans