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

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LATEST

Ex-UBS wealth head cleared of tax conspiracy

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Raoul Weil, who once ran UBS's global wealth-management business, was cleared at trial of tax conspiracy despite the bank’s historic admission in 2009 that it helped thousands of U.S. clients abuse Swiss bank secrecy to cheat the Internal Revenue Service.

UBS criticized in derivatives case

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UBS lost a U.K. lawsuit over derivatives sold to Kommunale Wasserwerke Leipzig GmbH when a judge found the bank’s relationship with a firm advising the German water utility led to a conflict of interest.

UBS Wealth Americas breaks records

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The 7,114 brokers at UBS Wealth Management Americas generated record quarterly revenue of $1.9bn in the three months ending September 30th, largely through selling loans to clients and funneling their assets into packages of mutual funds and other managed accounts.

UBS said to sue Croatia

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UBS sued Croatia in New York federal court on Friday, claiming the republic owes it $45m in principal and interest on defaulted debt assumed after the breakup of Yugoslavia.

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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.

London's Biggest Trading Floors

Hot on the heels of the announcement that JPMorgan has spurned Canary Wharf and has chosen the 'Square Mile' for its new European HQ (St Alphage House in London Wall), most of the interest centres around the fact that, of the 1 million square feet that makes up the new building, there will be four giant trading floors of some 72,000 square feet each.

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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