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UBS Financial Services News

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

3 hrs ago | InvestmentNews

Ex-UBS adviser faces $5 million sexual harassment suit

Former intern claims she was offered Christian Louboutin shoes in exchange for sex; adviser and firm say she welcomed advances A former UBS Financial Services Inc. financial adviser is facing a $5 million sexual harassment suit after his relationship with a female intern took an allegedly unwanted romantic turn, according to documents filed last week in the U.S. District Court for the Southern District of New York. In court papers, Samantha Lambui , 24, accuses former UBS financial adviser James Collins of making a number of unwelcome advances, including offering Christian Louboutin shoes and a designer handbag in exchange for sex, during her internship last year with him, according to court documents.

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Related Topix: Financial Services, Investment Services, Melville, NY

7 hrs ago | AmericanBankingNews.com

Ubs Ag's "Neutral" Rating Reaffirmed at Zacks

's stock had its "neutral" rating reaffirmed by Zacks in a note issued to investors on Monday. They currently have a $18.50 target price on the stock.

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

Sun Sep 14, 2014

Bloomberg

Visteon Breakup Opens Door for Unit Takeover

For Visteon Corp. shareholders, a breakup of the auto-parts supplier may unlock value in more ways than one. The $4.7 billion company is exploring options for splitting in two, including selling or spinning off its electronics business, people familiar with the matter said last week.

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Related Topix: Manufacturing, Automakers, Visteon, Investment Banking, Investment Services, UBS Investment Bank, Financial Services

Wed Sep 10, 2014

Bloomberg

Detroit-Syncora Deal Said to Need BofA, Retiree Backing

The fate of Detroit 's watershed settlement with Syncora Guarantee Inc. may hinge on whether the bond insurer can win concessions from other creditors, including Bank of America Corp. and retired city workers. The agreement, announced in a court filing Sept.

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Related Topix: Banking, Bank of America, Financial Services, Economics News, Bankruptcy, Ubs Ag, UBS Investment Bank, Investment Banking, Investment Services, North Carolina

Bloomberg

RadioShack Loan Said Prepared by UBS, Standard General

UBS AG is working with Standard General LP on loans for RadioShack Corp. , bringing another potential ally to the electronics retailer as it tries to avert bankruptcy, according to three people with knowledge of the matter. Under the plan, the money raised would first refinance debt outstanding under a $535 million asset-backed revolving credit line from GE Capital , the lending unit of General Electric Co.

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Related Topix: Retail, RadioShack, UBS Investment Bank, Investment Banking, Financial Services, Investment Services, Economics News, Bankruptcy

The Washington Post

AngloGold Plans $2.1 Billion in Shares as Paulson Wins Split

AngloGold Ashanti Ltd. announced a $2.1 billion share sale as the world's third-biggest gold miner bowed to pressure from investors including billionaire John Paulson to spin off operations outside South Africa. AngloGold fell the most on record in Johannesburg after the company said it hired UBS AG and Goldman Sachs Group Inc. for the share sale to repay debt.

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Related Topix: AngloGold, Mining, Startups, Autonomy, World News, South Africa, Goldman Sachs, Financial Services, Investment Services, UBS Investment Bank, Investment Banking

Thu Sep 04, 2014

The Washington Post

Banks Said to Delay Hiring on Tougher Internal Background Checks

UBS AG and Barclays Plc have pulled job offers and delayed start dates as banks toughen background checks after scandals heightened scrutiny of individuals' behavior, three people with knowledge of the situation said. UBS withdrew a senior London-based hire's contract this year after digging into personal misconduct he disclosed in background checks, according to one person, who asked not to be identified because it's a private matter.

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

Bloomberg

Fukushima Specter Seen Easing as Uranium Rises: Chart

Uranium prices may have stopped falling 3 1/2 years after an accident at the Fukushima nuclear plant in Japan curtailed demand, according to Julian Emanuel, an equity and derivatives strategist at UBS AG. As the CHART OF THE DAY illustrates, the mineral's price increased as much as 18 percent through yesterday from a low of $28 a pound in May. The moves reflect prices for swap contracts linked to uranium futures on the New York Mercantile Exchange.

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

Tue Sep 02, 2014

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

The firm is recognized for setti... )--From weather fronts to the regulatory front, Canadian insurers have come through a turbulent period with their outlook remaining stable, positioning themselves to ma... Les rsultats de nouveaux essais cliniques dmontrent l'importance de la mesure de la rserve de flux coronaire de St. Jude Medical dans ... (more)

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Related Topix: Banking, Financial Services, Ubs Ag, UBS Investment Bank, Investment Banking, Investment Services, Medicine, Medical Equipment, Healthcare Industry, St Jude Medical, Epic Systems, Computers

Fri Aug 29, 2014

Bangkok Post

Thai sugar heads for NY bourse

About 625,000 tonnes of the unrefined sweetener will be delivered when futures expire, according to the median of six estimates in a Bloomberg survey of analysts and traders.

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

The Washington Post

What Happened in July Stayed in July for Bonds: Credit Markets

From the U.S. to Asia and Europe, fixed-income securities of all types have gained 1.23 percent in August, the most since January as measured by Bank of America Merrill Lynch index data.

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Related Topix: Financial Markets, Financial Services, Merrill Lynch and Co, Investment Services, UBS Investment Bank, Investment Banking, Business News

Thu Aug 28, 2014

The Washington Post

Sugar From Thailand Heading for NY Bourse Amid Global Glut

Traders may ship Thai raw sugar equivalent to 16 percent of the global surplus against October contracts on the ICE Futures U.S. exchange, the first deliveries from the Asian nation since 2012.

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

Fri Aug 22, 2014

Bloomberg

Gold Above 2-Month Low Before Fed Chair Yellen Speaks

Gold rose, trading above a two-month low, as investors awaited speeches by Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi today at a meeting of central bankers.

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Related Topix: The Data Company, Law, Housing, UBS Investment Bank, Investment Banking, Financial Services, Investment Services

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