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.

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.

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.

Rumours Of Mass Defections At Top Firm Are Greatly Exaggerated

From reading the press in recent weeks, you could be forgiven for thinking that UBS, especially UBS Investment Bank, is having a hard time of it keeping its senior staff. Hardly a week seems to go by without a retirement, departure or resignation. But that's not actually the case.

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