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

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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.

UBS wins case over firing of analyst

UBS building

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.

HOT LIST

The E-Mail That Should Have Saved Lehman Brothers

The Wall Street Journal reports that, contrary to what former Lehman executives would have you believe, the New York Fed did give the firm the opportunity to borrow from the central bank on emergency terms on September 14th - the day Lehman filed for bankruptcy - provided it had the collateral.

Bank Of America Corner Signs

Ex-BofA trader spared prison

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.

Magnifying Glass

UBS subject to dark pools probes

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.

Probably One Of The Smartest Hiring Decisions Ever Made

34-year-old former broker Steve Perkins hit the headlines last week, after he was banned from the UK securities industry for 5 years and fined for executing some $520,000 of unauthorised oil trades from home while allegedly under the influence of alcohol.

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