Friday rumor: BofA Buying UBS?

The powers that be here at HW have been busy focusing on getting a new Web site launched today (you’ll see it starting this weekend). But market rumors keep moving around, with the craziest being that Bank of America is looking to buy UBS. We’re not kidding. Just read the speculation over at FT Alphaville. Sounds as if they’re as cynical as we are here in the HW newsroom about the alleged deal. Sure, it’s just a rumor at this point. But if it’s right, at least we can say HW was among the first to mention it. Or that we were duped by those hacks at the Financial Times. Take your pick.  Read More →