UBS

  • 10 Jun 2013 at 2:45 PM
  • Banks

UBS Dethroned By Upstart At European Brokerage Tonys

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Feel free to exchange exultations, insults and sour-grape rationalizations below. Read more »

  • 03 Jun 2013 at 3:39 PM

Layoffs Watch ’13: UBS O’Connor

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UBS’s O’Connor LLC, the Swiss bank’s hedge fund that provoked the ire of many an employee last March, when it treated them like regular old UBS employees come pay day, causing them to “contact other hedge funds and recruiters” to explore options, has followed up its last act with one entitled “Don’t let the door hit you on the way out.” Read more »

  • 30 May 2013 at 3:01 PM

Bonus Watch ’13: UBS

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You get a raise! And you get a raise! And you get a raise! Read more »

  • 08 Apr 2013 at 1:56 PM

Credit Suisse, UBS Care About (Not Being Known For Helping People Engage In) Tax Evasion Now

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Time was, you could count on Swiss banks to assist their clients in the business of not paying taxes, having practically written the book on how to go about keeping one’s assets a secret from prying eyes (Chapter 1: Discarded toothpaste containers make a great place to stash diamonds). Now? Not only are they no longer providing the service, they’re suddenly too good to associate with people whose hands aren’t clean. Read more »

  • 04 Apr 2013 at 6:47 PM

One Week As Senior UBS Execs Long Enough To Convince Guys They Don’t Wanna Be Senior UBS Execs

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Thanks but no. Read more »

  • 03 Apr 2013 at 11:57 AM

Well-Stocked Break Room Fridge The One Thing Holding UBS Employees Back From Escaping At This Point

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Let the outflow begin: as of last week, headhunters say UBS’s investment banking staff have banked their (allegedly paltry) cash bonuses for 2012 and are ready and willing to leave the bank. “Cash bonuses hit their accounts on March 25th,” one fixed income headhunter told us, speaking on condition of anonymity. “A lot of UBS fixed income people are trying to leave and already under offer. You will see around 20% of their fixed income people leaving over rest of this year,” he predicted. [eF]

  • 26 Mar 2013 at 10:22 AM

UBS to SEC: Let’s Make A Deal. Maybe.

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UBS would like to make a mortgage-backed securities case—apparently linked to every other mortgage-backed securities case—go away. Read more »

  • 25 Mar 2013 at 3:28 PM

Lawyer For Ex-UBS Exec Accused Of Soliciting Underage Hooker Will Give You The Names And Phone Numbers Of Almost A Dozen Prostitutes He ‘Sought The Services Of’ Between Ages 20 And 43

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Juerg Buergin, a former UBS AG executive, must face trial on charges he paid for sex with an underage prostitute in Singapore, a judge ruled. Based on the evidence presented, the prosecution “has satisfied every ingredient of the charge,” Singapore subordinate courts judge Eddy Tham said at a hearing today…Buergin, who used the name Robert James to communicate with the woman’s pimp, also sought the services of at least 10 other women between ages 20 and 43, his lawyer Selva Naidu has said. Buergin was a victim of a conspiracy between the underage prostitute, who used the moniker Chantelle, and her pimp, who misled him into believing she was 18, the lawyer said. “I wanted to protect my reputation,” Buergin said at today’s hearing, referring to why he used the name Robert James to communicate with the pimp. “I didn’t want the escort agency to know my real name.” He said he texted the pimp using a mobile phone issued by UBS for work purposes. [Bloomberg, earlier]

  • 19 Mar 2013 at 2:16 PM

Cunning 17-Year-Old Prostitute Tricked Me Into Sleeping With Her, UBS Executive Says

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Juerg Buergin only pays of age women for sex, ergo that girl took advantage of him, says lawyer. Read more »

  • 14 Mar 2013 at 2:50 PM

Bonus Watch ’13: UBS

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Not everyone received a package that resulted in a nice long cry. Andrea Orcel, for example, did pretty okay for himself. Read more »

  • 11 Mar 2013 at 2:09 PM

Bonus Watch ’13: UBS

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From the front lines: Read more »