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.
Headquartered in Zurich and Basel, UBS is a global firm providing financial services to private, corporate and institutional clients.
The Government could sue Swiss banking giant UBS for $48.5m for selling toxic mortgage products to Northern Rock ahead of the UK lender's collapse.
As we are constantly being approached by people looking to gain graduate entry into financial markets firms, we've come up with this directory.
UBS is considering buying a wealth-management firm in Brazil as it seeks to expand that business sevenfold by 2020, said Sylvia Coutinho, chief executive officer of the lender’s Brazil unit.
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.
Former UBS banker Raoul Weil, accused of helping Americans evade taxes, may be allowed to call fellow bankers as witnesses to testify from overseas by video because they fear arrest if they travel to the U.S.
UBS is facing claims of more than $600m from clients who say the bank is responsible for losses they incurred on investments in risky Puerto Rico debt, UBS said in its quarterly report on Tuesday.
Two more banks – UBS and Deutsche Bank – have been drawn in to the controversy over "dark pools", the private trading systems recently highlighted by bestselling author Michael Lewis in his latest book on Wall Street.
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 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.
We thought we'd take a quick look at those traders whose unauthorized actions have led to their firms incurring substantial losses, or worse - losses caused as a result of a foul-up.
UBS said on Wednesday it had taken action against staff in Singapore for their use of electronic messaging, highlighting how banks have clamped down following probes into interest rate setting and foreign exchange trading.
The shape of things to come ?
A couple of years back, we undertook a poll of our readers to find out what they thought were the worst bank mergers of all time.
Al Breach, former Russia strategist at UBS, is setting up a hedge-fund firm with ex-colleague Charles Hill and UFG Asset Management’s Florian Fenner.
Here's a note of the latest 'Movers & Shakers'
UBS has announced the appointment of Ousmène Mandeng as Head of Public Sector Advisory, Cross Asset Distribution.
Bloomberg has put together a league table of the Top 10 corporate brokers to clients in the FTSE 100 Index. Here it is:
To spin-off, or not to spin-off ?
UBS has become the test case for French President Francois Hollande’s tax-evasion crackdown.