Deals of the day-Mergers and acquisitions
June 27 The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Tuesday:
HONG KONG, March 14 Andrea Casati will return to UBS Group AG in mid May as a managing director and head of Asia Pacific equity capital market syndicate, Thomson Reuters publication IFR reported on Tuesday, citing an internal memo.
Casati previously worked at the Swiss bank from 2003 to 2008 in a number of equities roles in London.
He spent the past eight years at JPMorgan Chase, where he was most recently Hong Kong-based head of international equities capital markets Syndicate, managing teams in Asia and Europe.
A UBS spokesman declined to comment. (Reporting by Fiona Lau of IFR; Writing by Julie Zhu; Editing by Gopakumar Warrier)
WASHINGTON, June 27 The Federal Reserve on Tuesday fined Bank of New York Mellon $3 million for overstating its capital ratios after an error in how it measured the risks in a portfolio of assets.
WASHINGTON, June 27 Wall Street's top two U.S. regulators will urge Congress on Tuesday to approve budgets for fiscal 2018 that are at or above their current funding levels.