116 articles found within the last year.
Displaying results 21 - 40
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Former UBS counsel settles auction-rate charges
David Aufhauser, a former US Treasury official and ... As part of the settlement, Aufhauser had agreed ... He has also been fined $500,000 and given...
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UBS rainmaker advised on £50bn rescue package
One of UBS’s top London-based bankers was drafted ... Robin Budenberg, who has managed UBS’s relationship with ... Under the terms of the bailout the group ... Budenberg has worked on some of UBS’ most ... UBS has traditionally enjoyed close links with the ... Last year UBS was hired by the UK...
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Oppenheimer analyst cuts UBS earnings estimate
Meredith Whitney, the influential baking analyst at Oppenheimer, ... Maintaining an "underperform" rating on UBS’ stock, Whitney ... She also predicted net markdowns of $1.5bn related...
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Merrill hires top UBS wealth talent
Merrill Lynch has appointed Gwen Campbell as senior ... Campbell joins Merrill from UBS Private Wealth Management...
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UBS chairman takes a pay cut
Peter Kurer, the new chairman of Swiss bank ... Kurer told a Swiss newspaper that while he ... Ospel reportedly earned around £13m a year....
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UBS confirms 2000 job cuts
UBS said that as part of the continuing ... "The crisis in the financial markets requires us ... UBS said that amid the revamp it will ... The bank, which said it will exit most ... The revamp at the investment bank should help ... "A right-sized investment bank, positioned alongside UBS' wealth...
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UBS eyes further staff cuts as financial crisis continues
UBS has hinted it may look to cut ... The comments follow speculation earlier this week that ... Speaking at an extraordinary general meeting in Basel ... Jerker Johansson, who was hired in March from ... Kurer said this morning at the EGM that ... Part of this strategy will include increasing co-operation...
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UBS won't comment on possible job cuts
UBS declined to comment today on a report ... "We don't comment on rumors," a spokesman for ... The agency quoted two persons familiar with the ... At the EGM, shareholders will vote on the ... The new appointees will strengthen banking and financial ... Approval of all four nominees is expected. ...
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UBS launches Nuremberg office
UBS, Switzerland's largest bank, has opened a private ... The seven-man team will be headed up by...
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Rebel investor said to have called truce with UBS
Activist investor Luqman Arnold is understood to have ... Olivant, Arnold's investment firm, controls a holding of ... However, sources said that Arnold has committed not...
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UBS settles dispute
UBS has settled a court case against the ... The case was brought against UK buyout group ... The firms allegedly withheld consent for UBS and ... A UBS spokeswoman said: “Commercial terms have been ... It is unclear if Société Générale, which launched ... RReef declined to comment. Terra Firma and Tank...
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UBS bolsters wealth unit assets by $11bn through Lehman hires
UBS’ private wealth management unit has added nearly ... The bankrupt Wall Street firm’s advisers switching to...
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UBS shares rise on HSBC merger talks
HSBC is reportedly considering bidding for embattled Swiss ... The rumour mill is churning that the global ... UBS' share price jumped 4.56% to SFr21.00 at ... This is not the first time speculation over ... Last week the bank's share price was influenced ... UBS said in its most recent quarterly report...
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Swiss banks face fresh call for shareholder 'say on pay'
Ethos, the Swiss corporate governance campaigner and activist ... Ethos said in a statement today it has ... The resolution seeks the right for shareholders to ... Ethos said: “Among the main stock markets, Switzerland ... Ethos also today published a survey of last ... The governance group added: “In most cases, variable...
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UBS' biggest investor switches focus to private equity
The Government of Singapore Investment Corporation, which has ... Chief investment officer Ng Kok Song, speaking at ... ... The fund, which is chaired by the former ... GIC has invested a total of $18bn (€12.2bn) ... He added that while he is "confident" that...
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Geneva private bank tops fund of hedge funds table
Geneva-based Union Bancaire Privée emerged as the largest ... Funds of hedge funds showed the first signs ... As per the latest survey of the InvestHedge...
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Billionaire sues UBS over offshore tax fraud
Igor Olenicoff, a billionaire property developer, on Tuesday ... Olenicoff, one of the Swiss bank’s former top ... He also accused UBS of luring him into...
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Europeans in the firing line as Fed bails out AIG
European banks could face billions of dollars in ... According to one analyst close to the situation, ... One source at a European financial institution said: ... AIG said in the filings that the trades ... AIG had over $30bn of imminent financial liabilities, ... In a statement AIG said it had recently...
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UBS investment bank options shrink as Lehman fails
UBS can no longer count the eventual sale ... The Zurich-based bank is also likely to figure ... UBS' options shrank because the hurried sale of ... "What many investors had been hoping for after ... UBS shares fell Monday after Lehman's collapse and ... UBS' investment bank, which has written off over...
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Credit Suisse hires senior UBS private banker
Credit Suisse has taken on a senior private ... Mark Chamberlain joins from UBS wealth management where ... At Credit Suisse he will focus on financial ... Cattle said: “I am delighted to welcome Mark ... Chamberlain has over 10 years’ banking experience, starting...
