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Baer says Merrill Lynch unit integration on track

ZURICH (Reuters) - Julius Baer <BAER.VX> has transferred ownership of businesses in Chile, Uruguay, Monaco and Luxembourg which it bought from Merrill Lynch <BAC.N> as it integrates the wealth management businesses it acquired from the U.S. bank.Full story

Pricey Penthouse In Monaco

  CNBC's Robert Frank reports on the most expensive penthouse. The penthouse in the Odeon Tower in Monaco could sell between $250-$300 million.

Last Tsar's letters fetch record price, auction house says

GENEVA (Reuters) - A Russian collector living in Monaco paid a record 120,000 Swiss francs ($128,700) for four letters written by the last Tsar, Nicholas II, during World War One, a Swiss auction house said this week. Full story

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President and Chief Executive of Enbridge Monaco prepares to addresses shareholders during the company's annual general meeting in Calgary
AS Monaco's coach Claudio Ranieri of Italy reacts during their French Ligue 2 soccer match against Caen at Louis II stadium in Monaco
AS Monaco's coach Claudio Ranieri of Italy reacts during their French Ligue 2 soccer match against Caen at Louis II stadium in Monaco

AS Monaco's coach Claudio Ranieri of Italy reacts during their French Ligue 2 soccer match against Caen at Louis II stadium in Monaco May 4, 2013. REUTERS/Eric Gaillard (MONACO - Tags: SPORT SOCCER)

Dmitri Rybolovlev of Russia, President of AS Monaco Football Club, stands with Prince's Albert II of Monaco during the French Ligue 2 soccer match between Monaco and Caen at Louis II stadium in Monaco
Dmitri Rybolovlev of Russia, President of AS Monaco Football Club, stands with Prince's Albert II of Monaco during the French Ligue 2 soccer match between Monaco and Caen at Louis II stadium in Monaco

Dmitri Rybolovlev of Russia , President of AS Monaco Football Club, stands with Prince's Albert II of Monaco during the French Ligue 2 soccer match between Monaco and Caen at Louis II stadium in Monaco May 4, 2013. REUTERS/Eric Gaillard (MONACO - Tags: SPORT SOCCER ROYALS)

Dmitri Rybolovlev of Russia, President of AS Monaco Football Club, attends the French Ligue 2 soccer match between Monaco and Caen at Louis II stadium in Monaco
Dmitri Rybolovlev of Russia, President of AS Monaco Football Club, attends the French Ligue 2 soccer match between Monaco and Caen at Louis II stadium in Monaco

Dmitri Rybolovlev of Russia, President of AS Monaco Football Club, attends the French Ligue 2 soccer match between Monaco and Caen at Louis II stadium in Monaco May 4, 2013. REUTERS/Eric Gaillard (MONACO - Tags: SPORT SOCCER)