nebusiness.co.uk - Tag - ubs

UBS deal to pay £940m for fraud and bribery

nebusiness.co.uk — Thu, 20 Dec 2012 08:25:00 GMT

FRAUD, bribery and rate-rigging in the banking industry were laid bare yesterday as Swiss bank UBS agreed a £940m settlement with regulators in another damning day for the sector.

UBS reveals profits slump

nebusiness.co.uk — Tue, 25 Oct 2011 07:14:00 GMT

Scandal-hit UBS today admitted internal financial controls were "not effective" when alleged rogue trading took place at the bank, as it revealed the action had triggered a 39% slump in profits.

Resilient UBS now expects a profit

nebusiness.co.uk — Wed, 05 Oct 2011 06:55:00 GMT

BANKING giant UBS has said that it no longer expects to report a loss in the third quarter despite the £1.5bn hole left by alleged rogue trading.

Rogue trader costs UBS dear

nebusiness.co.uk — Thu, 15 Sep 2011 08:00:00 GMT

Swiss banking group UBS today revealed a rogue trader had cost it an estimated US$2bn (£1.3bn).

Swiss bank UBS announces more job cuts

nebusiness.co.uk — Wed, 24 Aug 2011 07:02:00 GMT

SWISS bank UBS has become the latest financial giant to announce more job cuts as it struggles with a sluggish global economy and increased regulatory pressures.

Further banking job losses announced

nebusiness.co.uk — Tue, 23 Aug 2011 08:08:00 GMT

UK employer UBS became the latest banking giant to announce job losses today as it struggles with a sluggish global economy and increased regulatory pressures.