By Emma Thomasson GENEVA | Wed Oct 5, 2011 2:19pm EDT GENEVA (Reuters) – Rich clients of Swiss bank UBS (UBSN.VX) have not yet moved their millions to other banks after its $2.3 billion trading scandal last month, rival private bankers said. “They’ve been hit by everything. It’s not going to make any difference,” Louay [...]

By JONATHAN BURTON Some exchange-traded funds have what can only be called an “ex” factor. It isn’t that they have some special attributes to dazzle an audience, but rather that their defining feature is the list of performers they won’t let on the stage. These ETFs target a particular universe of stocks but then exclude [...]

Mon May 7, 2012 6:33pm EDT * Oracle proved Google infringed some Java copyrights-jury * Jury fails to decide if Google had right of fair use * Patent phase of trial begins By Malathi Nayak SAN FRANCISCO, May 7 (Reuters) – Google Inc infringed some of Oracle Corp’s copyrights on the Java programming language, a [...]

Mon May 7, 2012 2:57pm EDT * C$ slightly higher at C$0.9929 vs US$, or $1.0072 * Hits near 3-week low after Europe elections rattle investors * Bond prices lower across the curve By Jennifer Kwan TORONTO, May 7 (Reuters) – The Canadian dollar recovered on Monday after stumbling to its lowest level in almost [...]

Mon May 7, 2012 4:30pm EDT * Berkshire adding to holdings of 2 stocks – CNBC * Still buying despite Europe woes – Buffett * Fund manager criticizes annual meeting By Ben Berkowitz May 7 (Reuters) – Berkshire Hathaway Inc is adding to its shareholdings of two U.S. companies amid a market dip, billionaire investor [...]

Mon May 7, 2012 9:40pm EDT By Pedro Nicolaci da Costa WASHINGTON May 7 (Reuters) – Further monetary stimulus would not do much for a U.S. labor market that is plagued by longer-term, structural issues like skills mismatches, Richmond Federal Reserve Bank President Jeffrey Lacker said on Monday. Data released last week showed a still-anemic [...]

By DAISY MAXEY It’s a xenophobic fact of life for many financial advisers: They believe their clients need to put at least some of their money overseas. But many investors don’t feel comfortable venturing any farther than, say, New York or California. What’s an adviser to do? More in Wealth Adviser Why Hiding Money From [...]

By SOPHIA HOLLANDER In most New York child support cases, courts award no more than $23,000 a year to cover a child’s basic needs. Then there is the 5-year-old son of billionaire businessman Francois-Henri Pinault, whose companies include Yves Saint Laurent and Gucci, among others, and millionaire model Linda Evangelista. Enlarge Image Close Bloomberg Linda [...]

Indonesia has said it will impose an average tax of 20% on exports of 14 raw minerals, including copper and gold, in a bid to encourage local processing. It said it would also prohibit miners from exporting these raw minerals until they submit plans to build local processing facilities. Indonesia has been keen to increase [...]

Story By: by Yuki Noguchi The Labor Department issued its monthly employment report on Friday and the news wasn’t good. Payrolls did increase with 115,000 positions but that was less than the month before and far less than what most economists were expecting.