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UBS

World news about “UBS” published by euronews.

26/06 14:01 CET

UBS fined in tax evasion probe

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 tightening controls on money-laundering and tax evasion. The ACP said UBS France had dragged its heels following an initial warning…

  • Libor scandal takes a new turn this week
    17/12 19:48 CET

    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…

  • UBS blazes lone banking trail
    29/10 19:40 CET

    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 gets wealthy client boost
    02/05 18:44 CET

    UBS gets wealthy client boost

    Refocusing on wealth management seems to have had a positive effect on UBS, the biggest Swiss bank. In the first quarter its core division…

  • Deutsche Bank and UBS take legal costs hits
    29/10 16:00 CET

    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…

  • Swiss bank UBS fined for libor rate fraud
    19/12 11:05 CET

    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…

  • FSA fines UBS millions over trader Adoboli
    26/11 14:50 CET

    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…

  • Ex-UBS trader swaps sales for cells
    20/11 16:44 CET

    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…

  • UBS slashes jobs, quits fixed income business
    30/10 18:10 CET

    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…

  • ‘Rogue trader risked UBS bank collapse’
    14/09 18:52 CET

    ‘Rogue trader risked UBS bank collapse’

    The prosecutor in the trial of UBS trader Kweku Adoboli has accused…

  • Facebook fiasco hits UBS profit
    31/07 15:54 CET

    Facebook fiasco hits UBS profit

    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…

  • Gloomy outlook from UBS
    07/02 14:16 CET

    Gloomy outlook from UBS

    Swiss bank UBS says a restructuring of its investment banking business had failed to give it the improvements hoped for. That division have…