 | | | | If you think you have big shoes to fill at work, take a moment to consider Jeff Glor. | | | | | | Some Silicon Valley billionaires are looking for it - or at least a way to extend life spans dramatically, perhaps by hundreds of years. | | | | | | UBS Group AG , Switzerland's largest bank, faces another potentially costly legal battle as the U.S. Department of Justice draws up civil charges over the sale of mortgage-backed securities in the run-up to the 2008 financial crisis. | | | | | | Securities lending by investment funds has reached its highest level in a decade, as demand for corporate bonds surged more than 30 percent over the past 18 months and short selling of Tesla and Alibaba shares reaches a frenzy. | | | | | | Struggling Australian wealth manager AMP Ltd fears any new regulation of the finance sector would "distract" participants from acting ethically, it said on Thursday, striking a defiant tone after months of damaging allegations. | | | | | | UBS Group AG, Switzerland's largest bank, said it expects to be sued by the U.S. Department of Justice as early as Thursday on civil charges related to the sale of mortgage-backed securities in the run-up to the 2008 global financial crisis, according to a company statement. | | | | | | Japanese investors bought a net 2.5367 trillion yen ($22.34 billion) of U.S. bonds in September, their largest net purchase in more than two years, reversing many months of selling in a move that could potentially cap the yen. | | | | | | U.S. money market fund assets increased by $27.84 billion in the week ended Nov. 6 to $2.874 trillion, marking their largest weekly rise in five months, the Money Fund Report said on Wednesday. | | | | | |
