Ermotti: UBS Not Planning Investment-Bank Spinoff

Jan. 13 (Bloomberg) -- UBS AG Chief Executive Officer Sergio Ermotti denied speculation that Switzerland's biggest bank will spin off its investment-banking business. He spoke with Bloomberg Television's Stephen Engle in Shanghai. Ryan Chilcote reports on Bloomberg TV's `Countdown.' (Excerpt. Source: Bloomberg)
BA Parent Gets Govt Nod to Buy Aer Lingus
59:01 - British Airways-parent IAG SA won backing from the Irish government to proceed with its 1.4 billion-euro ($1.52 billion) takeover of Aer Lingus Group Plc to enlarge the airline group and bolster its lucrative trans-Atlantic network.
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