International

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UBS Profit Almost Doubles On Higher Revenue As New Funds Soar

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UBS Group said net income in the first three months of the year almost doubled in a quarter that saw all divisions beat analyst estimates.

Fitch Says India Less Vulnerable To Fed Risk Among Fragile Five

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As far as emerging markets go, India is not as fragile as others, says the ratings agency.

BlackRock Says Brace For Taper Tantrum Redux In Emerging Markets

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The emerging-market swoon touched off by the so-called “taper tantrum” two years ago is destined to repeat itself, BlackRock Inc. says.

Gundlach Considers 100-Times Levered Wager Against German Bonds

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DoubleLine Capital’s Jeffrey Gundlach said he may make an amplified bet against German bonds to wager against the debt after some yields turned negative.

Finance Industry Tops China List Of Most-Wanted Graft Fugitives

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Forty of China’s 100 top overseas corruption suspects have taken refuge in the U.S. and the largest share of the most-wanted list -- 15 percent -- hail from the financial industry.

J.P. Morgan Exec Tells Advisors To Think Globally

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The firm's chief global strategist, David Kelly, said investors should look at long-term growth overseas as U.S. growth wanes.

Brazilian Banks Expand In Miami To Keep Up With Wealthy Clients

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Wealthy Brazilians looking to escape recession, corruption scandals and political upheaval have long made Miami their destination of choice...

CIO: Own As Few Bonds As Possible

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Advisors would be wise to limit their bond holdings and shift into European equities, said a CIO at RJFS' annual conference.

Manager With Top 5-Year Record Unloads Shares Of Three Companies

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His global fund beat 97 percent of peers and is holding the most cash since 2009 amid concerns that investors are mispricing risk.

Iran Stock Fever Reaches London As Firms Rush To Build Funds

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A final deal that removes international sanctions against Iran may still be months away, but foreign investors aren’t waiting to pile into the market.

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