IBT Staff Reporter

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Ermotti to be appointed permanent UBS CEO: report

Interim CEO Sergio Ermotti will be appointed permanent chief executive of Swiss bank UBS ahead of the bank's investor day on November 17, a Swiss newspaper reported, citing unnamed sources close to the matter.

MF Global Asia bidding extended on surge in offers

Bidding for MF Global's operations in Asia and Australia was extended by one day because of an influx of offers for the collapsed U.S. brokerage, a provisional liquidator for the company's Hong Kong unit said on Saturday.

Exclusive: Gensler won't participate in MF Global review

The head of the U.S. futures regulator working on a sweeping review into the business practices of failed futures brokerage MF Global has said he will not be participating in any further parts of the inquiry, a source told Reuters on Friday.

CFTC Chief Won't Participate in MF Global Review: Report

The head of the U.S. futures regulator working on a sweeping review into the business practices of failed futures brokerage MF Global Inc. said he will not be participating in any further parts of the inquiry, a source told Reuters Friday.

Anonymous won't expose Mexican cartel's servants

Latin American members of the activist hacker group Anonymous called off a planned November 5 plan to expose people associated with the Zetas, Mexico's most violent drug cartel, according to the group's blog.

Sprint says may use debt to fund Clearwire

Sprint Nextel Corp said it could use the proceeds from a private debt offer to fund Clearwire Corp, sending shares in the cash-strapped high-speed wireless firm up 8 percent on Friday.

Wall Street Week Ahead: Coping with Chaos in Europe

U.S. stock investors have had to take their own self-help course on living with uncertainty due to Europe's crisis, and they may need to draw on that next week because it is completely unclear when the next upheaval will come.

Wall Street Week Ahead: Coping with Europe's chaos

U.S. stock investors have had to take their own self-help course on living with uncertainty due to Europe's crisis, and they may need to draw on that next week because it's never clear when the next upheaval will come.

IPO view: Groupon travels tortured road to Nasdaq

When Groupon Inc filed its plan to go public with U.S. regulators in June, Chief Executive Andrew Mason proclaimed in a letter to prospective shareholders that life is too short to be a boring company.

HBO options Bernie Madoff biography

HBO has optioned Laurie Sandell's new Bernie Madoff biography Truth and Consequences: Life Inside the Madoff Family to mine as source material for its upcoming project about the infamous swindler, a source familiar with the project confirms to TheWrap.

Summit and Central Partnership announce film deal

Summit Entertainment and Central Partnership have entered into a new exclusive six-year output agreement for all rights in the Commonwealth of Independent States region to Summit's slate of theatrical films, the companies announced Friday.

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