"Since we have a banking union, there needs to be a European solution."
European Economic Commissioner
"Viktor Orbán is not the only populist politician on the continent with burning ambitions and politics that belong in a dark and distant past."
Gauri van Gulik
Europe Director, Amnesty International
""Alone we wouldn't be as successful as we are with the 22 countries together""
Ersilia Vaudo Scarpetta
Chief Diversity Officer, European Space Agency
"It’s mainly due to drinking of water from contaminated, shallow sources. We’ve intensified chlorine spraying in the localised infection centres."
"The external public debt stock increased by Sh42.5 billion ($4,253.0 million) from Sh185 billion ($18,504.5 million) on December 2016 to Sh227 billion ($22,757.4 million) by end of December last year."
"To try to demand from the government in Belgrade to make a choice: whether you are with Russia or you with the West well, it is to step on the same rake as in the Ukrainian crisis"
Russian foreign minister
"The people who made the film were very specific about the references they used in relationship to Africa. They are pulling from the best fashion and art."
"In principle - the requirement of choice, either you are with Russia or you are with the West, this is the Middle Ages."
Russian Foreign Minister
UBS is firing ten thousand people.
Their jobs will go as the boss of the Zurich-based Swiss bank, Sergio Ermotti said it was a hard decision but
UBS has bucked the trend downwards on the European markets, bolstered by rumours it is about to massively restructure.
Shares in Switzerland’s
The prosecutor in the trial of UBS trader Kweku Adoboli has accused him of “naked gambling” with reckless, unauthorised investments that could have
UBS has suffered a surprise slump in profit. The Swiss bank’s second-quarter net profit more than halved to the equivalent of 354 million euros
Refocusing on wealth management seems to have had a positive effect on UBS, the biggest Swiss bank.
In the first quarter its core division regained
Swiss bank UBS says a restructuring of its investment banking business had failed to give it the improvements hoped for.
That division have been
Standard and Poors has cut its crediting rating for 15 big banks, mainly in Europe and the United States. The downgrade is a result of an overhaul of
Switzerland’s UBS has said tough trading conditions are set to continue while Deutsche Bank is flagging up more possible job cuts.
UBS trader Kweku Adoboli, who is accused of unauthorised trading which the Swiss bank says cost it 1.7 billion euros has appeared in court again
Fitch has downgraded Swiss bank UBS and said it may do the same for several large and relatively highly rated European and US lenders including
UBS investors have welcomed the Swiss bank’s choice of caretaker chief executive, Sergio Ermotti.
Its shares rose after Oswald Gruebel quit to take
In the aftermath of a rogue trader allegedly losing UBS 1.7 billion euros, the Swiss bank’s Chief Executive, Oswald Gruebel, will ask its board to
Has the final nail been driven into the coffin of the investment arm of Swiss Bank UBS following its 1.4 billion euro rogue trading loss? How will
The London branch of Swiss bank UBS is reeling following the discovery of an alleged rogue trader that has cost it 1.44 billion euros.
Police in London have arrested a 31-year-old man after the Swiss bank UBS announced they had lost 1.5 billion euros through unauthorised
Preparing for tough times ahead UBS has said its cutting 3,500 jobs. Switzerland’s biggest bank wants to reduce annual spending by 1.75 billion
Swiss bank Credit Suisse is reducing its workforce by around four percent – that is 2,000 people.
Switzerland’s second-biggest bank announced that
UBS is reportedly set to cut around 5,000 jobs to save more than 860 million euros.
A Swiss daily newspaper, the Tages-Anzeiger citing an unnamed
In a surprise move Swiss bank UBS is to hire former Bundesbank president Axel Weber as its next chairman, taking over in two years time.
The latest results from Swiss bank UBS seem to show a return of client trust. Money poured into its core wealth management arm in the first quarter –