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.
Federal Reserve Chairman Ben Bernanke

Why Bernanke is Mum on QE3, Even As Economy Dips

The economy hasn’t looked so good recently. The housing market is double dipping, corporate profits are starting to disappointment, and last Friday’s jobs report was beyond horrible.
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US stock index futures rise on Greek bailout hopes

Futures on major U.S. indices point to higher opening on Tuesday as speculation that the European Union authorities will agree a fresh bailout for debt-laden Greece buoyed sentiment.
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Top After-Market NYSE Movers (NZT, VAR, HES, TNB, SQNS, ISS, CHS, JBL, FTO, CNQ)

The top after-market NYSE gainers on Monday are: Telecom Corp of New Zealand, Varian Medical Systems, Hess Corp, Thomas & Betts and Sequans Communications. The top after-market NYSE losers are: iSoftStone Holdings, Chico's FAS, Jabil Circuit, Frontier Oil Corp and Canadian Natural Resources Ltd.

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