UBS Group AG (USA) news

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Analysis: UBS winning US race for top brokers - at what cost?
NEW YORK UBS AG's American wealth management arm has pulled firmly ahead in the race to attract top brokers, using aggressive recruiting tactics and rich signing bonuses to edge out competitors.
Exclusive: UBS brokerage unit shakes up management: memo
NEW YORK The U.S. brokerage arm of UBS AG UBSN.VX (UBS.N) shook up its leadership ranks on Friday, removing a layer of management under Chief Executive Officer Robert McCann and giving private wealth management head Jason Chandler a ...
U.S. Tax-Evasion Probes Said to Slow as Prosecutors Transfer
The offshore tax crackdown has expanded since 2007, when the Justice Department and the Internal Revenue Service began focusing on Zurich-based UBS AG, the largest Swiss bank. UBS avoided U.S. prosecution in 2009 by admitting it aided tax evasion, ...
Deutsche Bank avoids US capital rules
The Federal Reserve had previously allowed foreign banks to hold little or no capital in their US operations, agreeing with the companies that it makes more sense to consider their capital levels at the group level. Deutsche's main US presence is a ...
Ackermann to drive ZFS out of the shadows
Martin Senn never worked under Josef Ackermann when both were at Credit Suisse in the 1990s. But this is set to change this month when, as is almost certain, Mr Ackermann becomes chairman of Zurich Financial Services, the Swiss insurer where Mr Senn ...
Paul Clement, Wynn Resorts, Lehman, BofA, UBS in Court News
Clement, the 45-year-old attorney at the forefront of the U.S. Supreme Court challenge to President Barack Obama's health-care plan, has become the go-to lawyer for conservatives on the country's highest-profile legal fights.
UBS in revival mode, to focus on transaction banking space
... we realise a strong corporate banking model carries more weight. We are going to set up transaction banking capab ility, which mitigates you from the credit perspective," Kamat, managing director and group CEO, India, UBS AG, told ET in an interview.
More US clean tech IPOs come to market, amid skepticism
Two U.S. clean tech companies plan to go public on Friday, as executives and bankers increasingly bet that high energy prices and more proven technology will make investors forget the sector's recent flameouts.
United States Department of Justice files indictments against Switzerland's ...
Wegelin had no branches outside of Switzerland, but accessed the U.S. banking system through a correspondent bank account it held at UBS AG in Stamford, Conn. This is the first time that a foreign bank operating outside of the United States has been ...
UPS Near Deal to Buy TNT Express
TNT Express is the smallest of the big four global package shippers, and while it has struggled somewhat in recent months, the merger would give UPS a market-leading position in Europe to round out its big domestic U.S. presence and expanding Asian ...