Now playing Next Business Swiss banking giant UBS sees hopeful future, despite present losses The Swiss bank has reported pre-tax losses in the last three months of 2023 but has impressive goals, including raising dividends. 06/02/2024
Now playing Next Economy Here’s why Switzerland may not go for a minimum corporate tax rate Switzerland may now be turning back on a minimum corporate tax rate, proposed by the OECD. 04/12/2023
Now playing Next Business How high interest rates created a healthier housing market A closer look at house prices in 25 major cities around the world shows a sharp decline in prices, according to a study. 25/11/2023
Now playing Next Business Why UBS faces another trial after being found guilty of tax fraud France’s highest court ruled on Wednesday that a new trial should be held over a €1.8 billion ($1.95 billion) fine against UBS for allegedly promoting illegal banking services and money laundering in the country. 16/11/2023
Now playing Next Business UBS shares up by 4% despite $785 million loss following Credit Suisse UBS shares were up by 4% as the Swiss banking giant cut costs faster than expected while moving forward with its merger with rival Credit Suisse. 07/11/2023
Now playing Next Switzerland Central banks move to prevent crisis after UBS buys Credit Suisse The deal serves as a buffer to ease tensions in global funding markets 20/03/2023
Now playing Next France French court fines UBS 4.5 billion euros for facilitating tax avoidance A French court has fined Swiss banking group UBS up to 4.5 billion euros on charges it helped conceal deposits and assets to allow tax avoidance 20/02/2019
Now playing Next Markets Rogue UBS trader Kweku Adoboli warns his crimes 'could happen again' Former rogue UBS trader Kweku Adoboli warns banks are still pressuring employees to make profits "no matter what" and his crimes could be repeated. 01/08/2016
Now playing Next Unreported Europe The women who knew too much: the price to pay for whistleblowers “The woman who really knew too much” is how Stephanie Gibaud has described herself. It’s also the title of a book published last year by the former 29/01/2016