122 articles found within the last year.
Displaying results 1 - 20
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Analysts to press UBS over turnaround strategy for wealth unit
Analysts are set to press UBS to outline ... While Scorpio Partnership partner Catherine Dovey predicted continuing...
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Morgan Stanley poaches six-member private wealth team from UBS
Morgan Stanley Private Wealth Management on Wednesday declared ... The team includes three executive directors - Maria...
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Credit Suisse scoops private banking veteran from UBS
Swiss bank Credit Suisse has hired a 24-year ... Ian Dembinski starts as a managing director and ... Dembinski joins Credit Suisse after a 24 year ... During his tenure at UBS, he was also...
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UBS Swings to Loss on Charges
UBS AG on Tuesday posted a third-quarter net ... The Swiss bank, among the hardest-hit banks by ... Along with credit losses of 1.44 billion francs, ... Chief Executive Oswald Gruebel was cautiously optimistic about ... Analysts were taken aback by the amount of ... Mr. Gruebel said that while a recent landmark...
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Secrecy Hit, Swiss Banks Are Losing Europeans
While the spotlight has been on the aggressive ... Americans have made up no more than 5% ... Nonresident, or offshore, clients make up about a ... This weekend, Swiss banking giant UBS AG will ... Now, in the wake of the American crackdown, ... "It's a big mistake to say this is...
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First UBS client charged by US gets probation in tax case
The first US client of UBS prosecuted in ... Defendant Steven Michael Rubinstein, a Florida accountant, also ... The sentence was lighter than the recommendation of ... Rubinstein was sentenced in a Florida federal court ... Prosecutors said Rubinstein communicated with UBS bankers from...
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UBS Appoints McCann Head Of Wealth Mgmt Americas
UBS Tuesday named Robert J. McCann as Chief ... UBS said that McCann, 51, who joins from ... "UBS is a firm that I always considered ... "The domestic Americas business represents an enormous wealth ... McCann, who will also join UBS's executive board, ... The management appointment is the latest in a...
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UBS private banker resurfaces at Heartwood
Independent wealth management boutique Heartwood has hired a ... Kirsty MacArthur joins the clients services team in ... She joins from UBS where she was responsible ... MacArthur is an appointed trustee of the charity...
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Vestra Wealth profits from UBS court case
Just over a year since Switzerland's largest wealth ... David Scott, the managing partner of Vestra Wealth, ... London-based Vestra's new client base ranges from around ... Vestra now employs over 125 members of staff ... New starters have joined from larger peers including...
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Crisis fails to dent largest banks' market shares
Massive changes in the investment banking industry over ... The findings appear in a report published this ... Bank of America Merrill Lynch, Citigroup and UBS ... Goldman Sachs’ share of the global investment banking ... JP Morgan, which has a market share of ... Credit Suisse's analysts wrote: “Across the industry, the...
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European banks move to pay back state cash
Société Générale today became the latest European bank ... All the figures are from Bloomberg. ... In October last year France injected €10.5bn (15.3bn) ... Today, French bank Société Générale said it is ... Last week, domestic rival BNP Paribas said that ... The UK Government injected €33bn in Royal Bank...
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UBS appoints three senior bankers in Singapore
Swiss bank UBS has hired three senior bankers ... Yeong Phick Fui starts as managing director and ... Daniel Harel starts as managing director and head ... Peter Kok joins as regional market manager for...
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UBS board members to leave bank
UBS on Tuesday said that board members Sergio ... UBS said that Marchionne, who is also Fiat's ... UBS's next annual general meeting is scheduled April ... Analysts said the two managers' resignation was partly ... Marchionne, a 57-year-old Canadian and Italian citizen, was...
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Singapore's GIC suffers $41.6bn loss
The Government of Singapore Investment Corporation suffered a ... "The equities investments suffered the most, followed by ... The person said GIC's portfolio now stands at ... GIC is the world's fourth largest sovereign fund ... Earlier in the day, GIC said in its ... However, it said, the recent rebound in global...
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UBS loses London-based private banker
Kirsty MacArthur, a client adviser in UBS' London ... She worked at UBS in London since 2007,...
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London fund overhauls equities managers
The London Borough of Harrow, a local-government authority ... The Harrow fund is over 70% invested in ... The fund's governing investment panel wrote: "The overall ... As a result it instigated a review of ... Jennifer Hydari, divisional director of finance and procurement,...
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Italian, Swiss banks vie for tax-amnesty spoils
As much as 100 billion euros ($146 billion) ... Italy on Tuesday launched its third tax amnesty ... Italians hide an estimated 600 billion euros in ... This time, with tax cheats spooked by the ... "The Italian amnesty is much more favorable to ... During past Italian tax amnesties, investors were allowed...
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UBS probed for possible disclosure breaches
The Swiss bourse said on Friday it has ... The investigation, which UBS declined to comment on, ... The bourse is scrutinising potential breaches in disclosure ... Top executives were ousted during the period including ... In the past, other bourse probes of Swiss ... In April of last year, Basel-based Lonza Holding...
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Moelis snags another UBS alumnus
One of the bankers involved in the auto ... Andrew Horrocks, a UBS managing director and Americas ... Horrocks, 44, most recently advised Italian automaker Fiat ... He left UBS late last month and will ... “I am delighted to be reunited with Ken ... Deal Journal - an up-to-the-minute take on deals...
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UBS Wealth Management appoints new CIO
UBS Wealth Management has appointed a new chief ... Christoph Schenk, formerly chief executive of pensions at ... Schenk will also work closely with Andreas Hoefert, ... Schenk replaces former CIO Michael Strobaek who steps...
