12 hrs ago | Bloomberg
Hong Kong Expands Benchmark Rate-Manipulation Probe
Hong Kong's central bank has expanded an investigation into possible misconduct linked to the city's benchmark rates to HSBC Holdings Plc and other lenders following crackdowns from the U.S. to U.K., Japan and Singapore .
16 hrs ago | The Washington Post
U.S. Charges Loom for Swiss Banks as Lawmakers Reject Bill
Swiss banks face the risk of further indictments for helping U.S. citizens evade taxes after Swiss lawmakers rejected a bill that would help resolve a tax dispute.
The indictment alleged that Phin tried to cheat the IRS by conspiring to hide over $11 million in Zurich at the Swiss bank UBS, and helped his mother, Sybil Nancy Upham, sneak the money into the United States.
Etihad Towers Abu Dhabi welcomes global bank UBS
UBS, Switzerland's largest bank, has taken space on level 14 of Tower 3 of Etihad Towers Abu Dhabi.
Offshore Tax-Haven Data Made Public As Companies Brace For Scrutiny
The International Consortium of Investigative Journalists on Friday made public what it calls the most extensive collection of records on offshore accounts in history, encouraging sleuths to ferret out possible tax evasion.
Singapore Ups Reserve Requirements For 20 Banks As Censure For Rate Manipulation
Almost a year after the LIBOR rate-rigging scandal erupted in London - where banks were found to be colluding to manipulate the benchmark rate they lend to each other that affects the cost of consumer loans - the Monetary Authority of Singapore announced Friday it's reprimanding banks for what it says are similar shenanigans in the city-state's ... (more)
UBS says cooperating with Singapore regulator in rate review
UBS said it is cooperating with Singapore's regulator following the city-state's censure of 20 banks whose traders were found to have manipulated benchmark borrowing and currency rates.
Is There Enough Transparency in Over-The-Counter Trading?
In addition to Nasdaq and the New York Stock Exchange, many investors take advantage of the vast amount of companies that are available from the three exchanges within OTC Markets Group : While the company has worked hard to ensure that investors are given the right information before trading a stock on one of those exchanges, Pink Sheets didn't ... (more)
Singapore Regulator Said to Plan Bank Reprimand on Rates
Singapore's central bank plans to reprimand banks in the city-state as early as Friday following an 11-month review into how benchmark interest rates are set, five people with knowledge of the matter said.
Longtime Houston financial adviser joins Wells Fargo network
Longtime Houston financial adviser J.D. Joyce, formerly an adviser at Swiss financial services firm UBS AG , has moved his business to Wells Fargo & Co.
Banks said to manipulate currency rates to profit from clients
Traders at some of the world's biggest banks manipulated benchmark foreign-exchange rates used to set the value of trillions of dollars of investments, according to five dealers with knowledge of the practice.
Today's Research on SAN, UBS, BBD, HDB, and NBG
StockCall.com Provides Stock Research on Banco Santander-Chile, UBS AG, Banco Bradesco S.A., HDFC Bank Ltd., and National Bank of Greece S.A. Banks in much of the developed world are facing increasing margin pressure due to record low interest rates.
UBS Tax Evasion Inquiry in France Draws in Swiss Parent Bank: Paris Prosecutors
Swiss bank UBS AG has come under investigation from French authorities on suspicions that it helped its French subsidiary, UBS France, illegally sell secret offshore banking accounts to French citizens, the New York Times reports .
Brazil Banks Vow to Beat Goldman in Tilt Cohn Welcomes
Candido Bracher, chief executive officer, Banco Itau BBA SA, left; Sergio Clemente, executive vice president, Banco Bradesco SA.
Credit Suisse may sell part of German private bank: source
Credit Suisse may sell part of its private bank in Germany , a source close to the bank said on Thursday, part of efforts to improve profits by focusing on the mega-rich rather than a larger "mass affluent" client base.
France widens tax probe of Swiss bank UBS
Swiss bank UBS has been placed under formal investigation for alleged complicity in suspected illegal sales practices, the French prosecutor's office said on Friday, a week after the bank's French business suffered the same fate.
France widens tax probe of Swiss bank UBS
The logo of Swiss bank UBS is seen in Zurich in this April 18, 2013 file photo. The logo of Swiss bank UBS is seen in Zurich in this April 18, 2013 file photo.
News round-up: Home House, Pigeons and Amplify
Stir will drive awareness of the club, which hosts exclusive events, its restaurants, House 19 and The Octagon, and four bars, across consumer and trade press.
Swiss stocks - Factors to watch on June 3
Swiss stocks were expected to open lower on Monday as mixed Chinese data and concerns the U.S. Federal Reserve might scale back its monetary stimulus programme weigh on sentiment.
UBS's French Unit Under Investigation Over Business Practices
UBS AG's French unit has been placed under formal investigation as part of an inquiry initiated last year over the bank's practices in France, a spokesman said.