UBS hits out at French prosecutors

Eiffel Tower

UBS sounded a combative note on Thursday, criticizing the decision of French prosecutors to place it under formal investigation over allegedly helping French clients evade taxes.


UBS building

UBS wins case over firing of analyst

A London judge said UBS had the right to fire a senior analyst who discussed rumours about a Sanofi drug with a friend at a hedge fund who may have bet against the company before publishing a report causing its shares to drop.