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U.S. Tax-Evasion Probes Said to Slow as Prosecutors Transfer
The transfers came amid criminal probes of at least 11 Swiss financial institutions, including Credit Suisse Group AG, with the tax division leading or assisting each prosecution.
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Exclusive: UBS brokerage unit shakes up management: memo
NEW YORK (Reuters) - 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 bigger ...
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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.
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.
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Two Swiss financial advisers indicted in US
(Reuters) - Posecutors in New York on Wednesday indicted two Swiss financial advisers, one a former private banker at financial giant UBS AG, on charges of conspiring to help wealthy Americans hide $267 million in secret bank accounts. In separate ...
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OPEC recycles US dollars into debt faster than other foreigners
The U.S. economic recovery will send fixed-income securities lower, UBS AG, one of the 21 primary dealers that underwrite Treasuries, said in a March 16 report.
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In food wars, Greek yogurt takes palates by storm
Energy drinks, which rose from nothing to a multibillion-dollar empire, took twice that time to log the same amount of growth in the soft-drink category, according to a report from UBS. Greek yogurt has driven the vast majority of sales growth in its ...
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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 ...
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UPS Near Deal to Buy TNT Express
Morgan Stanley , UBS AG and Bank of America Merrill Lynch are advising UPS on the deal; Goldman Sachs Group Inc. and Lazard Ltd.
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Moody's Publishes Expected Timetable for Conclusion of Bank Rating Reviews
Today's publication follows the announcement on 15 February 2012 of reviews that incorporate 114 European banking groups and an additional eight non-European firms with large capital markets franchises (see press releases "Rating Action: Moody's ...
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