UBS

  • 19 Dec 2014 at 11:32 AM
  • Banks

UBS Pretty Sure Its Human Rights Are Being Violated

We're Swiss!!!From where it sits (Zürich), it seems pretty damned inhumane to the former Union Bank of Switzerland to make it fork over €1.1 billion for doing what a Swiss bank does. And it’s not afraid to say so. Read more »

  • 11 Dec 2014 at 9:45 AM
  • Banks

UBS Is Looking For A Few (Thousand) Good Brokers

He wants YOU! If you're a badass, that is.Make that great brokers. Gods among mere mortal brokers. Heroes whose insight and sheer animal magnetism makes rich people simply throw money at them. For only when Sergio Ermotti has found these giants shall UBS achieve its goals of tripling its more lucrative wealth-management assets and humbling its rivals. Read more »

ubs (3)Like their brethren at Citigroup, UBS’s junior mistmakers are mighty miffed and have a right mind to tell management where it can go. Read more »

  • 13 Nov 2014 at 10:00 AM

Bonus Watch ’14: UBS

ubsairshipIt’s going to be a cold, dark bonus season at the Swiss bank, thanks to the foreign currency double-teamers who had to ruin things for the whole group. Read more »

  • 04 Nov 2014 at 4:52 PM
  • Banks

Jury: Former UBS Exec Neither A Snitch Nor A Felon

Who says being Swiss is illegal?The former UBS wealth-management head sure is glad he didn’t do what lawyers not involved in his helping people evade taxes case suggested, instead choosing to follow Jed Rakoff’s advice and see what a jury said about it. They said, “you’re free to go,” and with gusto. Read more »

ubs1 3.13.35 PMBased on a judge’s ruling today. Read more »

UBSSince 2011, UBS has openly discussed/threatened the possibility of moving out of its building Stamford, CT, which houses the world’s largest trading floor, to points unknown in New York City. The thinking behind the relocation was that the bank’s morale and profit issues boiled down to people not wanting to work in Connecticut, and that everything would turn around should they find themselves further south. Recently, though, UBS hasn’t said much at all re: leaving the Nutmeg state, which makes this turn of events slightly awkward: Read more »

rbsIf you’re going to team up with other banks to manipulate interest rates and engage in other shady behavior, just make sure to be the first one to go to regulators and let them know what you’ve all been up to. Read more »