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UBS Financial Services News

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

2 hrs ago | Chambersburg Public Opinion

Swiss central bank reports $17.7BN half-year gain

Switzerland's central bank is reporting a profit of 16.1 billion Swiss francs for the first half of the year, a big turnaround from its loss of 9 billion francs for 2013.

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Related Topix: UBS Investment Bank, Investment Banking, Financial Services, Investment Services, Boise, ID, Opinion

Wed Jul 30, 2014

On Wall Street

UBS Discloses More Than $600M of Claims Filed by PR Investors

UBS is facing more than $600 million in damage claims filed by Puerto Rico investors in closed-end bond funds, the bank said in its second quarter earnings report Tuesday.

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Related Topix: Financial Services, Investment Services, Santander BanCorp, Banking, Merrill Lynch and Co, Financial Markets

The Washington Post

UBS's Sasamura, Toland Leave Fixed-Income Jobs Amid Cost Cuts

UBS AG managing directors Yoshiaki Sasamura and John Gerard "JT" Toland have left the bank, adding to departures in recent weeks from the fixed-income business at Switzerland's biggest lender.

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Related Topix: Banking, Financial Services, Ubs Ag, UBS Investment Bank, Investment Banking, Investment Services, Nomura Holding, Business News

Bloomberg

UBS, Deutsche Bank Cooperating in Trading Probe

UBS AG said the U.S. Securities and Exchange Commission is investigating its dark pool, while Deutsche Bank AG is responding to requests for information from regulators on high-frequency trading.

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Related Topix: Banking, Financial Services, Ubs Ag, Deutsche Bank AG, UBS Investment Bank, Investment Banking, Investment Services, Securities and Exchange Commission, Corporate / Securities Law, US Securities and Exchange Commission, Law

Reuters

on the Move-Ubs wealth adviser joins Morgan Stanley in Washington, D.C.

Morgan Stanley, the largest securities brokerage in the United States by the number of advisers, added a top broker to its ranks from UBS Financial Services, a Morgan Stanley spokeswoman confirmed on Tuesday.

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Related Topix: Stanley, Financial Services, Investment Services

Tue Jul 29, 2014

TheStreet.com

Why UBS (UBS) Stock Is Declining Today

UBS revealed that the SEC has been investigating the Swiss bank since 2012, and that it could potentially be facing a class action lawsuit brought against it by traders in a New York federal court.

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Related Topix: TheStreetcom, Media, TheStreet, Computers, UBS Investment Bank, Investment Banking, Financial Services, Investment Services, Financial Markets, Business News

GlobeNewswire

Dgap-Afr: Ubs Ag: Announcement according to Articles 37v, 37w, 37x et ...

UBS AG / Preliminary announcement on the disclosure of financial statements 29.07.2014 16:53 Announcement according to articles 37v, 37w, 37x ff.

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

The Washington Post

UBS Net Rises 15% as Costs Fall; Settles German Tax Probe

UBS AG, Switzerland's biggest bank, reported a 15 percent rise in second-quarter profit on lower costs, and said it settled a German tax investigation.

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Related Topix: Banking, Financial Services, Ubs Ag, UBS Investment Bank, Investment Banking, Investment Services, World News, Germany, Business News

Daily Herald

Where the rich people are and where they will be

Tucked into today's second-quarter earnings presentation from UBS AG is a table that acts as kind of a map of where in the world's new wealth is being created.

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Related Topix: Banking, Financial Services, Ubs Ag, UBS Investment Bank, Investment Banking, Investment Services, Switzerland Travel, Europe Travel

MarketWatch

UBS discloses under U.S. scrutiny over dark pool

UBS AG on Tuesday posted a gain in second-quarter profit, even as Switzerland's largest bank agreed to pay a legal settlement in Germany and disclosed U.S. probes into its dark pool alternative-trading system.

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

Mon Jul 28, 2014

Lexington Herald-Leader

Swiss bank UBS reports 2Q net profit jump

Switzerland's biggest bank said its net profit for the April-June period rose to 792 million Swiss francs , up from 690 million francs in the comparable period from 2013.

Comment?

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

Business Journal

Where is your inheritance going?

In the latest quarterly investor watch report from a global financial services company, the company addresses a topic most investors avoid - death.

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Related Topix: Financial Services, Investment Services

Fri Jul 25, 2014

NewsOK.com

Apartment boom is rocking Oklahoma

Apartment construction is booming and with the Oklahoma City and Tulsa economies beating the country's, Oklahoma is at ground zero.

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Related Topix: Oklahoma City, OK, Financial Services, Investment Services

Thu Jul 24, 2014

Sunherald.com

Coal bankruptcy highlights pain from cheap gas, tight regulation

The coal business, after fueling the Industrial Revolution and powering U.S. growth for much of the past century, is now beset by a glut of cheap natural gas and tighter regulation.

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Related Topix: Economics News, Bankruptcy, US Energy Systems, Energy, UBS Investment Bank, Investment Banking, Financial Services, Investment Services, U.S. Environmental Protection Agency

Automotive News

ZF's pursuit of TRW may spark wave of mergers in supply chain

The biggest auto-parts deal since 2007 may be just the start of consolidation, with Autoliv Inc. and Visteon Corp. among the next potential targets.

Comment?

Related Topix: Manufacturing, Automakers, Autoliv, Visteon, World News, Germany, UBS Investment Bank, Investment Banking, Financial Services, Investment Services, Tenneco Automotive

TheStreet.com

Will UBS (UBS) Stock Be Affected By France Tax Evasion Investigation?

The Zurich-based bank faces charges of money laundering and tax fraud for helping French clients hide funds from the national tax administration from 2004 to 2012, an official in the Paris prosecutor's office said.

Comment?

Related Topix: Banking, Financial Services, Ubs Ag, UBS Investment Bank, Investment Banking, Investment Services, Financial Markets

Wed Jul 23, 2014

Reuters

UPDATE 2-UBS says bail in French tax evasion probe set at $1.48 bln

Swiss bank UBS said it had been ordered by French officials on Wednesday to pay 1.1 billion euros in bail after being put under formal investigation over allegations it laundered the proceeds of tax evasion.

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

Reuters

on the Move-Baird hires two advisers to expand Houston offices

Baird Financial Group, the holding company of Robert W. Baird & Co, said on Wednesday it has hired two financial advisers to bolster its Houston offices, including the manager of one of the top producing offices for UBS Financial Services in the Texas city.

Comment?

Related Topix: Financial Services, Robert W Baird, Investment Services, Texas

West Australian

UBS says French authorities set 1.1 billion euro bail in tax probe

"We consider both the legal basis for the bail amount and the method of calculation to be deeply flawed and will appeal," the Zurich-based bank said in a statement to Reuters on Wednesday.

Comment?

Related Topix: Banking, Financial Services, Ubs Ag, Investment Services

The Washington Post

German Power for 2015 Delivery Climbs to Highest in Four Months

German power for 2015 delivery, a benchmark contract in Europe, rose to a four-month high as European Union carbon permits traded near the highest level since March.

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Related Topix: Banking, Financial Services, Ubs Ag, UBS Investment Bank, Investment Banking, Investment Services, Science / Technology

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