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

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LATEST

UBS UK chief said to leave

Departure

The chief executive of UBS's British operations is to leave the bank at the end of September, according to an internal memo seen by Reuters on Thursday.

UBS subject to dark pools probes

Magnifying Glass

UBS on Tuesday became the latest bank to say it is cooperating with inquiries about alternative trading system, also known as 'dark pools', from various American regulators.

UBS delivers 'strong underlying results'

Sergio Ermotti Interview Pic

UBS said on Tuesday that second-quarter profit rose nearly 15% despite muted client activity during the quarter and additional charges for litigation and regulatory inquiries, including the settlement of a German tax investigation.

Ex-BofA trader spared prison

Bank Of America Corner Signs

A former Bank of America derivatives trader who pleaded guilty to conspiring to falsify documents was spared prison on Friday after spending years helping the government probe bid-rigging in the $3.7tril municipal bond market.

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.

HOT LIST

The Strange Case Of Peter Young

It was in September 1996 when trading in three Morgan Grenfell investment funds was suspended following the discovery of certain 'irreguarities'. Peter Young, the fund manager at the center of the affair, is said to have trod the fine line between genius and eccentric.

Dog Detective

UBS steps up vetting of employees

UBS has said it had expanded the number of employees that are subject to internal background checks to around 15 percent of its workforce in a move than came in the wake of numerous scandals.

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