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Business

UBS reveals new potential tax fraud scandal

Swiss bank UBS has revealed that the authorities in the United States are investigating securities that it sold to wealthy clients which may violate

Swiss bank UBS has revealed that the authorities in the United States are investigating securities that it sold to wealthy clients which may violate

Business

Deutsche Bank and UBS take legal costs hits

Germany’s Deutsche Bank and Switzerland’s UBS are still suffering from the cost of cleaning up the banking industry. Third-quarter results from

Germany’s Deutsche Bank and Switzerland’s UBS are still suffering from the cost of cleaning up the banking industry. Third-quarter results from

Business

UBS fined in tax evasion probe

The French unit of Switzerland’s UBS has been fined 10 million euros by the French banking regulator ACP. The penalty is for UBS having delayed

The French unit of Switzerland’s UBS has been fined 10 million euros by the French banking regulator ACP. The penalty is for UBS having delayed

News

Swiss bank UBS fined for libor rate fraud

Swiss bank UBS has agreed to pay a fine of 1.5 billion US dollars after admitting libor fraud. The penalty, equivalent to more than 1.1 billion

Swiss bank UBS has agreed to pay a fine of 1.5 billion US dollars after admitting libor fraud. The penalty, equivalent to more than 1.1 billion

Business

Libor scandal takes a new turn this week

Despite the lack of an official statement, it is considered almost certain that UBS will settle an ongoing investigation for manipulation of

Despite the lack of an official statement, it is considered almost certain that UBS will settle an ongoing investigation for manipulation of

Business

FSA fines UBS millions over trader Adoboli

British Financial Services Authority has been fined UBS 36.7 million euros for failings related to trader Kweku Adoboli losing 1.7 billion euros, the

British Financial Services Authority has been fined UBS 36.7 million euros for failings related to trader Kweku Adoboli losing 1.7 billion euros, the

Business

Ex-UBS trader swaps sales for cells

A former trader at the bank UBS in London has been jailed for seven years for the biggest fraud in British history. Kweku Adeboli lost his

A former trader at the bank UBS in London has been jailed for seven years for the biggest fraud in British history. Kweku Adeboli lost his

Business

UBS slashes jobs, quits fixed income business

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 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

Business

UBS blazes lone banking trail

UBS has bucked the trend downwards on the European markets, bolstered by rumours it is about to massively restructure. Shares in Switzerland’s

UBS has bucked the trend downwards on the European markets, bolstered by rumours it is about to massively restructure. Shares in Switzerland’s

Business

'Rogue trader risked UBS bank collapse'

The prosecutor in the trial of UBS trader Kweku Adoboli has accused him of “naked gambling” with reckless, unauthorised investments that could have

The prosecutor in the trial of UBS trader Kweku Adoboli has accused him of “naked gambling” with reckless, unauthorised investments that could have