ubs ag

UBS Posts 76% Drop in Quarterly Profit, Investment Bank Loss

Topix - Business News  Tue, 02/07/2012 - 13:13

UBS AG, Switzerland's biggest bank, said fourth-quarter profit dropped 76 percent after its investment bank reported a second consecutive quarterly loss.


 

Notable Analyst Rating Changes 01/19: (BSX) (HMA) (UBS) Upgraded...

StreetInsider.com News Articles  Thu, 01/19/2012 - 10:17

UPGRADES Bernstein upgrades Boston Scientific (NYSE: BSX) from Market Perform to Outperform, its price target raised $6.50 to $7.

Deutsche Bank lifts Health Management (NYSE: HMA) from Hold to Buy, its price target lowered from $9.50 to $8.50. Click Here for more color.


 

UBS sees Q3 profit drop 39 pct due to rogue trade

Topix - Business News  Tue, 10/25/2011 - 08:28

Scandal-hit Swiss bank UBS AG reported Tuesday a 39 percent drop in third-quarter profit, slightly less than feared, due to a rogue trading loss in September that has thrown Switzerland's largest bank further into turmoil.


 

UBS trader Kweku Adoboli admits to unathorized trades

Digg - Business & Finance  Fri, 09/16/2011 - 07:28

Kweku Adoboli, the UBS AG trader arrested in London yesterday, admitted to causing losses while the bank’s risk-control officers were examining his trades, a person with knowledge of the matter said.


 

UBS reports first annual profit since 2006

Newsvine - business  Tue, 02/08/2011 - 03:56

Swiss bank UBS AG on Tuesday posted its first annual profit since the global financial crisis erupted, despite softer-than-expected fourth quarter earnings, and said it had managed to stanch the rich customers' withdrawals that had plagued it since a high profile tax evasion scandal.


 

Thill Calls Oracle's License Growth `Clear Performer': Video

Topix - Business News  Fri, 09/17/2010 - 00:29

Sept. 16 -- Brent Thill, analyst at UBS AG, talks about first-quarter earnings at Oracle Corp.


 

Magnus Says Policy Splits Set `Negative' G-20 Backdrop

Topix - Business News  Thu, 06/24/2010 - 10:50

June 24 -- George Magnus, a senior advisor at UBS AG, talks about the outlook for this weekend's G-20 meeting in Toronto and the European sovereign debt crisis.


 

Tax evader who blamed Holocaust gets 10 months

MSNBC.com: Business  Fri, 04/23/2010 - 13:51

A tax evader was sentenced Friday to 10 months in federal prison after claiming his Jewish parents' experience fleeing the Nazi Holocaust drove him to compulsively hide more than $10 million in secret accounts at Swiss bank UBS AG and other offshore tax havens.


 

UBS makes Q4 profit, but withdrawals continue

Newsvine - business  Tue, 02/09/2010 - 03:33

Swiss bank UBS AG posted a fourth-quarter profit of 1.205 billion Swiss francs ($1.12 billion) Tuesday, beating analysts' expectations partly thanks to a tax credit, but said rich clients' withdrawals had continued.


 

UBS to tell Americans if they are on IRS list

MSNBC.com: Business  Tue, 09/22/2009 - 09:28

Swiss bank UBS AG will inform American clients whether their bank accounts are among the 4,450 that will be revealed to the U.S.

Justice Department in a tax evasion investigation.