The Email That Caused Panic At UBS
Here's the email sent by UBS trader Kweku Adoboli to internal bank accountant William Steward advising that things might not be the way they seemed. Soon after, the shit really hit the fan.
UBS
UBS Must Face Whistle-Blower Lawsuit
UBS was ordered to face a whistle-blower lawsuit by a former commercial mortgage-backed securities strategist who said he was fired for telling supervisors he was being pressured to publish misleading reports.
UBS Bankers Raise Chat Group Concerns, Judge Revives JPMorgan Lawsuit
Senior bankers at UBS have raised concerns about using Bloomberg and other external chat groups to share confidential information about clients, in the latest sign of banks clamping down on online security.
People News - Deutsche, Gleacher, Scotiabank, UBS
Deutsche Bank said on Wednesday it has named Jerry Miller to run the German bank's asset and wealth management business in the Americas.
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Ex-UBS Exec Appeals Underage S.x Conviction, JPMorgan Stock Could Take $20bn Hit
Bloomberg reports that Juerg Buergin, a former UBS Executive Director of operations sentenced to prison for having s.x with an underage prostitute in Singapore, has filed an appeal of his conviction, his lawyer said.
UBS To Meet With Activist Investor Following Investment Banking Break-Up Call
The chairman of UBS has agreed to meet activist investor Knight Vinke to discuss demands to hive off its investment bank into a separate business.
UBS People News
UBS has appointed James Palmer as its new head of equity capital markets for the Americas, according to an internal memo obtained by Reuters.
Ex-UBS Executives Deserve More Than 11 Years
Three former UBS executives convicted of bid-rigging should get prison terms ranging from more than 11 years to almost 20, U.S. prosecutors argued.
No Remorse - Ex-UBS Exec Is Handcuffed and Led Away By Two Policemen
Four months and three weeks in prison.
UBS Names New Wealth Head, Loses More Fixed Income Talent
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
Headquartered in Zurich and Basel, UBS is a global firm providing financial services to private, corporate and institutional clients.
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Trending UBS Stories
UBS Must Face Whistle-Blower Lawsuit
UBS was ordered to face a whistle-blower lawsuit by a former commercial mortgage-backed securities strategist who said he was fired for telling supervisors he was being pressured to publish misleading reports.
UBS To Increase Headcount In Its 'Second Home Market'
UBS plans to increase its Asia corporate advisory and capital markets team by 10% over three years to tap expansion in the world’s fastest-growing region.
UBS Bankers Raise Chat Group Concerns, Judge Revives JPMorgan Lawsuit
Senior bankers at UBS have raised concerns about using Bloomberg and other external chat groups to share confidential information about clients, in the latest sign of banks clamping down on online security.
UBS CFO Says 550 Fired After $2.3bn Trading Loss
Tom Naratil, Chief Financial Officer of UBS has said the Swiss bank fired as many as 550 employees after it suffered a $2.3bn loss from unauthorized trading last year.