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UBS insisted this week that “all options” would be considered for the Swiss activities of the bank. Zurich, Switzerland: Among the many concerns over the new megabank created by the merger of UBS and the beleagured Credit Suisse is how it will affect jobs and competition in Switzerland’s banking sector. The Swiss government strongarmed UBS

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MUMBAI: The Enforcement Directorate (ED) has summoned Maharashtra NCP president and MLA Jayant Patil for questioning in a money laundering case linked to alleged financial irregularities in the now bankrupt financial services firm IL&FS, official sources said Friday.The 61-year-old MLA from Islampur seat of Maharashtra has been asked to depose before the federal agency here

IL&FS money laundering case: ED summons Maharashtra NCP president Jayant Patil Read More »