UBS Group AG (USA) news

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Standard Chartered, UBS Buy Into China Cinda
BEIJING—A group of foreign investors that includes Standard Chartered STAN 0.00 % PLC and UBS AG are paying more than $800 million for a small stake in a Chinese financial conglomerate, marking one of the biggest investments by Western banks in ...
RBS, UBS, Goldman, Health-Care Law, J&J, JPMorgan in Court News
UBS AG won dismissal of a fraud claim filed against the bank by HSH Nordbank AG over losses on a collateralized debt obligation linked to the U.S. subprime-mortgage market. A New York state appeals court in Manhattan yesterday dismissed the fraud claim ...
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 ...
Anonymous Hacked Into Monsanto's Database In Retaliation For Lawsuits Against ...
In its latest strike on the biotech conglomerate Monsanto, hacking group Anonymous published an outdated database of the company's information and emails, CNET reports.
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 ...
Bond traders switch to electronic processing
income trades in the US are processed manually. But increasing numbers of large dealers ... Goldman Sachs is exploring automation of some fixed-income markets and other banks, such as UBS, have already launched platforms. Although banks are fighting ...
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 ...
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 ...
Michael Kors Brand Takes on Coach in U.S. Luxury Market
“It is a category that has been on fire and it has caught people's eye,” Michael Binetti, an analyst with UBS AG in New York, said in an interview.