10 months
Excess speculation or excess money?
A recent Merrill Lynch study suggests that a 1% fall in the real interest rate increases commodity prices by 17% in 10 months.
UBS's Esteves Cedes Control of Fixed-Income Unit; Daula Hired - Bloomberg
May 14 (Bloomberg) -- UBS AG , battered by $17.3 billion of first-quarter losses at its investment-banking unit, said Andre Esteves is ceding oversight of the fixed-income division less than 10 months after taking the job. Jerker Johansson , who ...
UBS shakes up management after losses - International Herald Tribune
ZURICH : UBS, battered by $17.3 billion in losses at its investment-banking unit in the first quarter, said Wednesday that André Esteves was ceding oversight of the fixed-income division less than 10 months after taking the job. Jerker Johansson ...
