UBS is arranging more covered bonds than its competitors for the first time in at least 15 years even after the bank scaled back its fixed income business and focused on wealthy clients.
Headquartered in Zurich and Basel, UBS is a global firm providing financial services to private, corporate and institutional clients.
UBS, the bank facing client complaints over Puerto Rican bond funds, said its local chairman is leaving the company next month.
UBS, BNP Paribas, Credit Suisse and other banks providing wealthy French people a home for their money in Switzerland are being told: No more tax evasion.
Morgan Stanley now has new critic: the Chinese government.
UBS is a better bet than its neighbour Credit Suisse even though it’s more exposed to legal risks, according to JPMorgan analysts.
U.S. authorities in Puerto Rico are investigating allegations that a former UBS broker improperly advised clients to borrow money to make investments, a person briefed on the probe told Bloomberg.
Marcel Bruehwiler, chief executive of UBS's Belgium unit, was charged in Brussels as part of a probe into a multibillion-euro tax fraud, accelerating the latest tax-evasion inquiry facing the bank.
Switzerland's central bank has urged UBS and Credit Suisse to further improve their capital strength, even after good progress made in recent years, due to the 'substantial' risks still faced from economic and legal issues.
Eric Knight, CEO of activist fund manager Knight Vinke, believes UBS will eventually follow his advice to split its wealth management business from its investment bank.
It's not all bad news.
Barclays has named Jonathan Glionna as its head of U.S. equity strategy research.
UBS AG plans to cut about 80 to 90 jobs in its European investment- banking division as part of a global revamp, according to two people familiar with the matter.
Here's the memo UBS Investment Bank CEO Andrea Orcel has sent to staff outlining the new orgainsational structure at the firm.
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.
Michael Halloran, Asia-Pacific head of fixed-income, currencies and commodities at Bank of America, plans to leave the firm after more than four years there, two people with knowledge of the matter said.
Here's the latest on the 'movers and shakers' front.
Here's the latest on who's on the move.
Here's the latest on the Movers & Shakers front.
UBS Investment Bank was voted the Leading Pan-European Brokerage firm for Equity and Equity Linked Research for a record tenth successive year.
A group of CDS and fixed income traders led by Iftikhar Ali from hedge fund Millennium Capital, recently returned from Pakistan to help raise funds for the victims of the country's recent floods.