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Ubs Ag News

News on Ubs Ag (Ticker: UBS) continually updated from thousands of sources around the net.

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 .

Comment?

Related Topix: HSBC Holdings, Banking, Financial Services, UBS Investment Bank, Investment Banking, UBS Financial Services, Investment Services

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.

Comment?

Related Topix: Banking, Financial Services, UBS Investment Bank, Investment Banking, UBS Financial Services, Investment Services, Business News

Sun Jun 16, 2013

New York Magazine

Scrubbed

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.

Comment?

Related Topix: Prison, Tax, Banking, Financial Services, Non-Profit

AME Info

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.

Comment?

Related Topix: Financial Services, Banking

Fri Jun 14, 2013

Switched

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.

Comment?

Related Topix: Prison, World News, British Virgin Islands, Central America, Southeast Asia, Malaysia, Banking, Financial Services

International Business Times

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)

Comment?

Related Topix: ING Group, Insurance, Financial Services, Banking

Reuters

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.

Comment?

Related Topix: Financial Services, Banking

Thu Jun 13, 2013

Benzinga

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)

Comment?

Related Topix: UBS Investment Bank, Investment Banking, Financial Services, Banking

Wed Jun 12, 2013

Bloomberg

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.

Comment?

Related Topix: Banking, Financial Services, UBS Investment Bank, Investment Banking, UBS Financial Services, Investment Services, Home, Mortgage, Personal Finance

Business Journal

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.

Comment?

Related Topix: Startups, Financial Services, Wells Fargo , Banking, Mach One, Institutional Venture Partners

NorthJersey.com

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.

Comment?

Related Topix: Banking, Deutsche Bank AG, Financial Services, CitiMortgage, Citigroup, UBS Investment Bank, Investment Banking, UBS Financial Services, Investment Services

Mon Jun 10, 2013

BayStreet.ca

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.

Comment?

Related Topix: Banking, Financial Services, HDFC Bank, Banco SantanderChile, Banco Santander Central Hispano SA

Fri Jun 07, 2013

International Business Times

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 .

Comment?

Related Topix: Banking, Financial Services, UBS Investment Bank, Investment Banking, UBS Financial Services, Investment Services

Bloomberg

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.

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Related Topix: South America, World News, Brazil, Goldman Sachs, Financial Services, Investment Services, Banco Itau Holding Financeira SA, Cohen Group, Consulting, Banking, UBS Investment Bank, Investment Banking

The Hartford Courant

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.

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Related Topix: Financial Services, Banking, Ansonia, CT

The Hartford Courant

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.

Comment?

Related Topix: Financial Services, Banking, Ansonia, CT

The Globe and Mail

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.

Comment?

Related Topix: Financial Services, Banking

Brand Republic

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.

Comment?

Related Topix: Public Relations, Financial Services, Banking, Marketing

Sun Jun 02, 2013

Reuters

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.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Cervical Cancer

Sat Jun 01, 2013

The Washington Post

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.

Comment?

Related Topix: Banking, Financial Services, UBS Investment Bank, Investment Banking, UBS Financial Services, Investment Services, Business News

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