Financial Markets
2 weeks ago
UBS's brokerage unit has named a new head for its private wealth management division, as the company looks to expand its business catering to clients with $10m or more in investable assets
Financial Markets
4 weeks ago
The Financial Conduct Authority (FCA) has fined EFG Private Bank Ltd (EFG) £4.2 million for failing to take reasonable care to establish and maintain effective anti-money laundering (AML) controls for high risk customers.
Financial Markets
4 weeks ago
Credit Suisse will probably post higher profit than UBS for a fourth straight quarter when the largest Swiss banks report results over the next week, but...........
Financial Markets
1 month ago
Credit Suisse is facing a shareholder revolt over pay after an influential advisory group asked investors to block the Swiss bank’s plan to issue shares for employee bonuses.
Financial Markets
1 month ago
Donald Longueuil, a former employee of the hedge fund SAC Capital Advisors, has big for plans when he gets out of prison.
Financial Markets
1 month ago
Credit Suisse and Julius Baer Group are ready to close the accounts of German clients who can’t prove they comply with their tax requirements, officials at both companies said.
Financial Markets
2 months ago
Barclays has dismissed a Singapore- based private banker and is helping authorities investigate potential wrongdoing affecting clients’ assets.
Financial Markets
3 months ago
MBIA Inc. defeated a lawsuit by Bank of America and Societe Generale that sought to reverse approval of the bond insurer’s $5bn asset-transfer because it cut money available to cover their policy claims.
Financial Markets
4 months ago
A U.S. judge said the Internal Revenue Service can demand information from UBS about U.S. clients of Wegelin & Co., the Swiss bank that pleaded guilty this month to conspiring to help cheat the IRS.