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UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global ...
UBS CEO Sergio Ermotti has taken on a challenge unprecedented in the history of global banking, and the stakes for him, the bank and global financial markets are sky-high.
UBS has ordered bankers to scale back sales of complex currency derivatives after its clients suffered heavy losses due to U.S. President Donald Trump's "Liberation Day" tariff announcements, the ...
UBS certainly got a good price. The $3.2 billion in stock it agreed to pay for Credit Suisse’s equity, less than half the company’s market value last Friday and just 7% of its tangible book ...
UBS said Monday that it has completed its takeover of embattled rival Credit Suisse in a bid to safeguard Switzerland's reputation as a global financial center and choke off market turmoil.
UBS is the largest wealth manager in the world. Add in its lower-tier accounts, and the U.S. arm doubles in size to $1 trillion in assets, producing some $1 billion in pretax profits a year.
UBS is on the hook for $1 million after a FINRA arbitration panel found it wrongfully fired an advisor more than four years ago over allegations of unauthorized trading. Randy Anderson, who was ...
UBS will acquire warrants for a 4.95% stake in 360 ONE, demonstrating UBS’s commitment to the fast-growing ultra and high-net-worth Indian market. Outlook ...
Topline Swiss bank UBS has agreed to pay $1.435 billion to resolve a lawsuit from the Department of Justice alleging misconduct in issuing 40 residential mortgage-backed securities in 2006 and ...
If UBS hands over a name before the deadline, that individual won’t be eligible for the program. “Once the Swiss government sends us the name, all bets are off,” said Commissioner Doug Shulman.
Firm: UBS CBFV 0.0% Financial Services Location: New York, New York AUM: $2.5 billion Forbes Rankings: America's Top Wealth Advisors, America’s Top Women Advisors Best-In-State Wealth Advisors ...
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