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tooi

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tooi

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UBS AG (UBSN) Chief Investment Officer Alexander Friedman said the situation for Spanish banks is “more dire” than the government has said and may worsen before the European Central Bank lends its support. “The ECB would expect first an ...
May 29, 2012 at 14:11 | Source: Bloomberg
ZURICH (Reuters) - UBS AG (UBSN.VX) could see up to 10 percent of its European assets of 300 billion Swiss francs (199.52 billion pounds) moved out due to pressure to clamp down on untaxed accounts, the head of the wealth management business was ...
May 26, 2012 at 11:37 | Source: Reuters UK
Suresh Mahadevan, MD & Head of Indian Equities of UBS Securities says it is best to remain cautious on equities given concerns on the economic slowdown. However, he adds that the low ownership of equities is likely to restrict the downside ahead.
May 29, 2012 at 05:15 | Source: MoneyControl.com
UBS AG (UBS) (UBS), Switzerland’s biggest bank, was sued for fraud in New York, accused of misleading investors in a group of collateralized debt obligations. UBS made misrepresentations about the CDOs’ risk, leading to losses of at least $ ...
May 24, 2012 at 16:40 | Source: Businessweek
LONDON (Reuters) - A British court has upheld the Financial Services Authority's decision to fine and ban two former advisers at Swiss bank UBS (UBSN.VX) for unauthorised trading worth billions of pounds. The penalties signal there will be no ...
May 21, 2012 at 19:57 | Source: Reuters UK
Dubai: A member of Kuwait's ruling family, Shaikh Mesha'al Jarah Al Sabah, is suing Swiss bank UBS in Dubai, alleging unpaid fees. UBS AG invited Shaikh Mesha'al to apply for a non-executive position with the bank soon after it became the lead adviser to ...
May 27, 2012 at 20:33 | Source: Gulf News
Each time UBS tries to leave behind its string of mishaps, the past keeps coming back to haunt Switzerland’s largest bank by assets. Just as it reported a healthy inflow of net new money from clients in its wealth management business a few weeks ago, the ...
May 23, 2012 at 02:58 | Source: Financial Times
UBS AG (UBSN) will combine the back offices of its wealth management and investment banking divisions on July 1, Handelszeitung reported, citing an internal memo to staff and Andreas Kern, a spokesman for the bank. Ulrich Hoffmann, currently ...
May 22, 2012 at 17:47 | Source: Bloomberg
LONDON May 28 (Reuters) - Affan Butt has left UBS after nine years to open a London office for Code Advisors, a San Francisco-based technology advisory firm that recently secured backing from JP Morgan. Butt said he will start his new role later ...
May 28, 2012 at 12:11 | Source: Reuters
THE market-making arms of UBS and Citigroup suffered combined losses of about $US50 million ($51.2m) on trades made during this month's glitch-plagued listing of Facebook on the Nasdaq Stock Market. Citigroup's losses stemming from the problematic debut of ...
May 27, 2012 at 20:05 | Source: The Australian