Displaying 388 results
Supreme Court to review UBS whistleblower’s complaint
Trevor Murray is seeking to reinstate a $900,000 jury verdict he won on allegations that he was fired for refusing to skew his reports to help the firm’s business strategies.
UBS intrigue pits CEO against a rising star
While CEO Ralph Hamers pursues his vision of harnessing automated tools and boosting the firm's standing in the US, wealth business head Iqbal Khan and his disciples are concerned about diluting UBS' private banking brand.
UBS dumped from Texas municipal bond deal
The bank won’t be part of the underwriting syndicate for transaction after state Comptroller Glenn Hegar included UBS on list of firms he deems “boycott” the fossil-fuel industry.
UBS taking ‘close look’ at US as Asia wealth business slows
The wirehouse's Global Wealth Management Americas group reported $12 billion in net new fee-generating assets in the first quarter.
Former UBS adviser pleads guilty to $5.8 million fraud
South Florida resident German Nino, who faces up to 60 years in jail, is scheduled for sentencing in June.
UBS revamps unit for wealthiest clients
The business group formerly known as the Global Family Office is being folded into a larger unit in an effort to link the bank's work serving billionaires more closely to its investment banking business.
How UBS plans to leverage Wealthfront’s robo-adviser
Wealthfront’s technology will become the foundation of a new digital offering for the wirehouse, but a major issue will be determining how to successfully integrate it into its existing product lineup.
UBS buys Wealthfront for $1.4 billion in major push into US market
The largest Swiss bank said the acquisition will accelerate its growth in America, broadening the firm’s reach to more mass-affluent investors.
UBS to cut 700 jobs across wealth unit, investment bank
Over the next three years, the positions are expected to be eliminated in Switzerland alone, with the bulk at the corporate cost center and about 200 between wealth management and the bank’s Swiss unit for personal and corporate banking.
Weber says UBS should consider a chairwoman when he leaves
The bank is planning to appoint a successor to Chairman Axel Weber, 64, at its annual general meeting next year.
UBS considers workplace changes in U.S.
In response to employee feedback, the bank is seeking to improve engagement in underrepresented communities and considering allowing employees greater flexibility to work remotely.
Wells Fargo team managing $400 million moves to UBS
The father-and-son team at Dawson Wealth Management Group joins the wirehouse in San Diego.
UBS faces year of uncertainty amid probe of CEO Hamers
The new chief executive faces a lengthy Dutch legal battle over his role in a money laundering scandal at his previous employer, ING, that has complicated efforts to put his stamp on the business.
UBS board considers impact of ING probe on new CEO
Ralph Hamers is caught up in an investigation of money laundering that occurred while he headed ING Groep
UBS sued for $500 million by Chinese tycoon over deal gone awry
Wealthy Chinese businessman Guo Wengui steps up his fight over money he lost when the bank called in a margin loan
Exit of UBS CEO leaves plenty of work for successor
Bank reported better-than-expected profits for the third quarter
UBS chairman says bank isn’t seeking partner
Axel Weber denies reports that UBS is planning to merge with a rival
Outspent by Wall Street, investor advocates focus on educating lawmakers on advice issues
One goal is to fortify Democratic opposition to Reg BI
UBS revamps wealth unit, aims to lend more to clients
The changes in its legal structure will help the bank meet its target of lending $20 billion to $30 billion a year to wealthy clients outside Switzerland
UBS may resume share buybacks
Second-quarter earnings show the bank's wealth management profit in Asia helped offset a 37% drop in profit year-on-year for the business in the Americas
