Headquartered in Zurich and Basel, UBS is a global firm providing financial services to private, corporate and institutional clients.

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UBS ordered to cap unit bonuses

England Caps

UBS has been ordered to cap bonuses for foreign-exchange and precious-metals bankers as Switzerland’s regulator probes 11 of the bank’s current and former employees as part of its inquiry into currency rigging.

UBS has instituted significant cultural and compliance changes

Sergio Ermotti Interview Pic

UBS has reached resolutions with the Swiss Financial Market Supervisory Authority (FINMA), the US Commodity Futures Trading Commission (CFTC) and the UK Financial Conduct Authority (FCA) in connection with their industry-wide investigations into irregularities in foreign exchange (FX) markets.

HOT LIST

Drunken Analyst Said Fired After Trashing Colleague's Desk (HR Takes Picture)

Dealbreaker reports that, a couple of weeks back, a New York-based second year Credit Suisse technology analyst is said to have returned to the office (apparently over the weekend) rather the worse for wear, and trashed a colleague's work space (see pic to the right, which was seemingly taken by a member of the firm's HR Department for the employee's file).

Another Bizarre 'Deutsche Death'

The Sun is calling it 'Suicide By Hooker', the latest in a string of deaths involving bankers who are said to have become depressed following the loss of their jobs, or problems at work.

Gavel

Court revives CDO case against UBS

A New York state appeals court on Tuesday revived a lawsuit accusing UBS of fraudulently causing $331m of losses from collateralised debt obligations issued before the financial crisis.

UBS building

UBS in wealth management push

UBS aims to triple the assets that its U.S. wealth management clients keep in fee-based accounts within seven to 10 years, a top executive said on Tuesday.

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England Caps

UBS ordered to cap unit bonuses

UBS has been ordered to cap bonuses for foreign-exchange and precious-metals bankers as Switzerland’s regulator probes 11 of the bank’s current and former employees as part of its inquiry into currency rigging.