DEUTSCHE BANK

Axel Weber

Weber Jilts Deutsche Bank For UBS

Axel Weber, the former president of the Deutsche Bundesbank, will join the board of directors of Swiss bank UBS AG at the next annual general meeting in May 2012, according to a report on Bloomberg.
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Is Apple's iPhone 5 worth the wait?

As the rumors swirl surrounding the iPhone 5's release date, it is worth asking whether one should buy an Android superphone or wait for the elusive iPhone 5. After all, most of the iPhone 5's rumored features are already available in a spate of Android devices.
Apple's iPhone

'Apple will unveil low-end iPhone 4S in September, iPhone 5 in 2012'

Apple is poised to launch two new iPhones, a cheaper iPhone 4S and the all new iPhone 5 in rather quick succession, if industry buzz is to be believed. The theory suggests that Apple as a company is at an inflection point with regard to its smartphone strategy and is willing to take daring new steps in the backdrop of a surging challenge from Android OS-based devices.
The JP Morgan and Chase headquarters is seen in New York

JPMorgan To Pay $153.6M To Settle SEC Charges

JPMorgan Chase, the Wall Street bank that during the financial crisis has managed to remain afloat has agreed to pay $153.6 million to settle claims by the U.S. Securities and Exchange Commission it designed and sold a product linked to risky mortgages during the housing market collapse of 2007.

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